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WET Funding Rates

WET perp funding on 18 venues, normalized to APR. High APR is not guaranteed yield.
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Venues18
Highest APR274.73%Crypto.com
Lowest APR10.95%Zoomex
Verified signals, 14 days1Average net 0.9 bps
18 rates
WETCrypto.com+0.0314%1h+274.7%n/an/an/a
WETWEEX+0.0396%4h+86.8%+0.042%*+0.042%*n/a
WETAster+0.0132%4h+29.0%+0.042%*+0.042%*n/a
WETBingX+0.0075%4h+16.4%+0.040%*+0.040%*n/a
WETLBank+0.0072%4h+15.8%+0.041%*+0.041%*n/a
WETBloFin+0.0068%4h+15.0%+0.007%*+0.007%*n/a
WETMEXC+0.0068%4h+14.9%+0.040%*+0.040%*n/a
WETXT+0.0067%4h+14.7%n/an/an/a
WETBinance+0.0066%4h+14.4%+0.040%*+0.040%*n/a
WETToobit+0.0066%4h+14.4%+0.040%*+0.040%*n/a
WETBitunix+0.0059%4h+13.0%+0.042%*+0.042%*n/a
WETDeepcoin+0.0056%4h+12.3%+0.017%*+0.017%*n/a
WETOKX+0.0050%4h+10.9%+0.005%*+0.005%*n/a
WETBybit+0.0050%4h+10.9%+0.005%*+0.005%*n/a
WETGate+0.0100%8h+10.9%n/an/an/a
WETBitget+0.0050%4h+10.9%+0.005%*+0.005%*n/a
WETKuCoin+0.0050%4h+10.9%+0.001%*+0.001%*n/a
WETZoomex+0.0050%4h+10.9%+0.005%*+0.005%*n/a

Paid is what a short collected per dollar over the last 7 or 30 days, from the settlements we kept. * marks a stretch with settlements missing, which is never filled in.

WET funding paid, last 30 days

Each settlement as we read its rate just before it paid. A venue that names no settlement time, or a stretch we missed, has no line, never a guess.

94%0%-7%Nov 4Nov 4
  • KuCoin+0.001% paid, 1x
  • Binance+0.040% paid, 1x
  • OKX+0.005% paid, 1x

APR of each settlement. Paid is what a short collected per dollar, summed.

WET regional premiums

Where it trades for a local currency, how far that price sits from the USDT price.

WET/KRW0.0 bps24h avg -2.2 bpsNone
VenuePrice (KRW)KRW per USDTPremiumRoute
Coinone KRW-WET75.031,344.50.0 bps—
10-15Nov 4, 20:40Nov 4, 23:45
  • KRW-12.6 bps

5-minute means over the USDT price, in bps. A break is a stretch with no fresh book.

Each local price is converted at that exchange's own USDT book, the rate its money really converts at, and compared with the middle USDT price on order book exchanges. Verified means a route that passes every check trades that market the way the premium pays. A premium is not a promise of profit.

Where WET trades

24-hour volume and open interest, as each venue publishes them. A venue that publishes none shows n/a.

VenueType24h volumeOpen interest
KuCoinWETUSDTMPerp$2.7M$904k
BinanceWETUSDTPerp$1.9Mn/a
OKXWET-USDT-SWAPPerp$1.4M$441k
ZoomexWETUSDTPerp$906kn/a
BybitWETUSDTPerp$906k$1.4M
UpbitKRW-WETSpot$782k
BingXWET-USDTPerp$767kn/a
LBankWETUSDTPerp$721kn/a
OKXWET-USDTSpot$308k
BybitWETUSDTSpot$297k
ToobitWET-SWAP-USDTPerp$250kn/a
DeepcoinWETUSDTPerp$243kn/a

Recent WET gaps

From the free feed and the Proof Log, at least 15 minutes old. Paid plans and the trial see them live.

No WET gap in the free feed or the latest Proof Log rows right now.

Across 2 venues over 1 of the last 14 days. Last closed Nov 4, 17:27 UTC. See the Proof Log.

See WET routes as they open

Net after fees, depth and transfer checks, on every venue we read. No card required.

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