Settings8H · net · $10k
Funding arb · Price arb /

EWT

RWAall EWT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: Bitget against OKX−0.026%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$1961.962% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$5 on $10k
Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.026%, 7d avg +0.012%
Together, before fees+0.074%+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.038% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EWT-USDT-SWAP115.630get 0.0000% / 8h1h 44m$176K$177K20x
ShortBitget EWTUSDT115.600get 0.0000% / 8h1h 44m$1.3M$599K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.026% → +0.012%
−$3.76
Slippage, 4 orders
−$174.22
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$199.98
Costs to cover
1.962%
Break-even
never at this rate
Slippage from OKX: live order book, 35 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 35 min ago5.19 bp86.3 bp −$86doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago6.92 bp24.6 bp −$2580.8 bp −$808doesn't fitdoesn't fit

EWT on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EWTUSDT0.0000%8h115.42−0.178%$3K$7620xas long as short
Binance EWTUSDT0.0000%8h115.60−0.026%$468K$919K20xas long as short
Bybit EWTUSDT0.0000%8h115.40−0.199%$222K$183K25xas long as short
OKX EWT-USDT-SWAPlong0.0000%8h115.63long leg$176K$177K20x
Gate EWT_USDT0.0000%8h115.60−0.026%$44K$5K25xas long as short
MEXC EWT_USDT0.0000%8h115.54−0.078%$2.4M$96K50xas long as short
Bitget EWTUSDTshort0.0000%8h115.60−0.026%$1.3M$599K20x
Variational Omni EWT0.0000%8h115.58−0.043%$55K$15Kas long as short
SunX EWT-USDT0.0000%8h115.57−0.052%$921$393K10xas long as short
HTX EWT-USDT0.0000%8h115.32−0.268%$16K$8K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:EWT+0.0250%1h115.52−0.095%$671K$230K20xas long as short
GRVT EWT_USDT_Perp+0.0273%8h115.59−0.031%$4K$209K10xas long as short