data as of
Settings8H · net · $10k
Funding arb /

W

all W markets
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Funding spread now, next payment 19:00 UTC−0.0004%/8h
paid, last 24h−0.001%paid, last 7 days+0.001%to open and close $10k−$197
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended W-USD0.011700.0104pay 0.0013% / 1h40m 21s$59K$276K5x
ShortBybit WUSDT0.011690.0100get 0.0050% / 4h1h 40m$4.1M$2.3M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$0.84
Slippage, 4 orders
−$180.91
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$197.75
Break-even
never at this rate
Slippage from Extended: live order book, 14 min ago; Bybit: live order book, 4 min ago.

Price risk

price view
Price gap now
−0.067%
Avg gap 7d
−0.065%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 14 min ago3.00 bp112.8 bp −$113434.6 bp −$4,346doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago4.26 bp25.5 bp −$25146.9 bp −$1,469doesn't fitdoesn't fit

W on 16 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit W_USDC-PERPETUAL−0.0432%1h$18K$35110xas long as short
Coinbase International W-PERP-INTX+0.0024%1h$14K$22K50xas long as short
Injective W/USDC PERP+0.0033%1h$1K$23K12xas long as short
Hyperliquid W+0.0100%1h$2.0M$611K5xas long as short
Binance WUSDT+0.0100%4h$2.9M$8.4M50xas long as short
Bybit WUSDTshort+0.0100%4h$4.1M$2.3M50x
OKX W-USDT-SWAP+0.0100%4h$1.3M$2.3M20xas long as short
Gate W_USDT+0.0100%4h$443K$323K75xas long as short
MEXC W_USDT+0.0100%4h$11.5M$1.3M50xas long as short
KuCoin WUSDTM+0.0100%4h$409K$247K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget WUSDT+0.0100%4h$1.2M$583K50xas long as short
BingX W-USDT+0.0100%4h$7.0Mas long as short
Variational Omni W+0.0100%4h$71K$41Kas long as short
Extended W-USDlong+0.0104%1h$59K$276K5x
Backpack W_USDC_PERP+0.0410%1h$39K$49K15xas long as short
Kraken Futures PF_WUSD+0.0901%1h$146K$193K20xas long as short