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

W

all W markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$131
spread now−0.034%7d average+0.058%fees + slippage, in and out−$122spread needed1.220%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit WUSDT0.011680.0100pay 0.0050% / 4h2h 38m$4.1M$2.4M50x
ShortBitget WUSDT0.011680.0100get 0.0050% / 4h2h 38m$1.2M$620K50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

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

Profit calculator

Spread captured
−$3.42
Funding while held
$0
Slippage, 4 orders
−$99.05
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$125.47
Spread needed to break even
1.220%
Slippage from Bybit: live order book, just now; Bitget: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, just now5.57 bp28.1 bp −$28179.7 bp −$1,797doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago4.28 bp31.7 bp −$32112.4 bp −$1,124doesn't fitdoesn't fit

W price on every exchange

against the cheapest. Click to use as the short leg.

W on 16 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate W_USDT−0.197%+0.0100%4h$439K$331K75xas long as short
Variational Omni W−0.149%+0.0100%4h$82K$30Kas long as short
KuCoin WUSDTM−0.120%+0.0100%4h$409K$256K50xas long as short
BingX W-USDT−0.051%+0.0100%4h$7.0Mas long as short
Bitget WUSDTshort−0.034%+0.0100%4h$1.2M$620K50x
Coinbase International W-PERP-INTX−0.009%+0.0088%1h$14K$22K50xas long as short
Bybit WUSDTlong0.000%+0.0100%4h$4.1M$2.4M50x
Extended W-USD+0.023%+0.0104%1h$59K$276K5xas long as short
Deribit W_USDC-PERPETUAL+0.034%−0.0178%1h$18K$35110xas long as short
Hyperliquid W+0.051%+0.0100%1h$2.0M$628K5xas long as short
Show all 16 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
MEXC W_USDT+0.051%+0.0100%4h$11.6M$1.4M50xas long as short
OKX W-USDT-SWAP+0.086%+0.0100%4h$1.3M$2.4M20xas long as short
Backpack W_USDC_PERP+0.120%+0.0100%1h$37K$48K15xas long as short
Binance WUSDT+0.135%+0.0100%4h$3.0M$8.6M50xas long as short
Kraken Futures PF_WUSD+0.217%+0.1503%1h$145K$193K20xas long as short
Injective W/USDC PERP+3.475%+0.0033%1h$1K$23K12xas long as short