Funding you earn now, next payment 00:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.25 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Binance+0.175%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1391.386% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 3 days (all we have)+0.195%+$20 · spread now +0.175%, 7d avg +0.022%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.153% dearer against Binance than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GWEIUSDT | 0.02291 | 0.0612 | pay 0.0306% / 4h | 1h 38m | $2.4M | $2.6M | 50x |
| Short | BloFin GWEI-USDT | 0.02295 | 0.0661 | get 0.0331% / 4h | 1h 38m | $171K | $29K | 50x |
Binance GWEIUSDT
BloFin GWEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.37
- Price spread: +0.175% → +0.022%
- $15.31
- Slippage, 4 orders
- −$116.65
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$112.97
- Costs to cover
- 1.386%
- Break-even
- 83.3 days
Slippage from Binance: live order book, 12 min ago; BloFin: live order book, 36 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 12 min ago | 2.19 bp | 47.4 bp −$47 | 213.6 bp −$2,136 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 36 min ago | 6.57 bp | 34.0 bp −$34 | 97.9 bp −$979 | doesn't fit | doesn't fit |
GWEI on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GWEI | +0.0100% | 4h | 0.02296 | +0.229% | $4K | $55 | — | as long as short |
| KuCoin GWEIUSDTM | +0.0148% | 4h | 0.02290 | −0.031% | $453K | $17K | 20x | as long as short |
| Extended GWEI-USD | +0.0608% | 1h | 0.02291 | −0.018% | $3K | $142K | 5x | as long as short |
| MEXC GWEI_USDT | +0.0610% | 4h | 0.02292 | +0.044% | $101K | $85K | 20x | as long as short |
| Binance GWEIUSDTlong | +0.0612% | 4h | 0.02291 | long leg | $2.4M | $2.6M | 50x | |
| Bitget GWEIUSDT | +0.0648% | 4h | 0.02291 | 0.000% | $1.9M | $210K | 20x | as long as short |
| BloFin GWEI-USDTshort | +0.0661% | 4h | 0.02295 | +0.175% | $171K | $29K | 50x | |
| Bybit GWEIUSDT | +0.0768% | 4h | 0.02296 | +0.218% | $372K | $115K | 25x | as long as short |
| Gate GWEI_USDT | +0.0878% | 4h | 0.02288 | −0.131% | $377K | $389K | 10x | as long as short |
| BingX GWEI-USDT | +0.0882% | 4h | 0.02292 | +0.044% | — | $1.6M | — | as long as short |
Variational Omni GWEI
KuCoin GWEIUSDTM
Extended GWEI-USD
MEXC GWEI_USDT
Bitget GWEIUSDT
Bybit GWEIUSDT
Gate GWEI_USDT
BingX GWEI-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1717% | 4h | 0.02294 | +0.125% | $16K | $15K | 10x | as long as short |
Aster GWEIUSDT