GWEI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0198%/8h= −21.7% APRnext payment −$0.99 per $10,000 · paid last 24h −0.022%

Price spread now: Gate against Binance−0.412%7-day average −0.128% · you buy dearer than you sell

Net, funding: paid 7d − costs−$225as in the Funding arb table

Net, price: spread back to 7d avg − costs−$250as in the Price arb table

costs, in and out, $10k−$2212.212% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.034%−$3 on $10k

Price spread, last 4 days (all we have)+0.343%+$34 · spread now −0.412%, 7d avg −0.128%

Together, before fees+0.309%+$31 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.284% cheaper against Binance than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of −0.128%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.034% in total (about -1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.99 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GWEIUSDT	0.02333	0.0622	pay 0.0311% / 4h	3h 43m	$2.4M	$2.7M	50x
Short	Gate GWEI_USDT	0.02323	0.0424	get 0.0212% / 4h	3h 43m	$382K	$395K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee GatebpOrdersPrice spread, now −0.412%Rate

Funding earned: −$41.58
Price spread: −0.412% → −0.128%: −$28.38
Slippage, 4 orders: −$196.19
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$291.15
Costs to cover: 2.212%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; Gate: live order book, 27 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, 7 min ago	2.15 bp	37.2 bp −$37	190.8 bp −$1,908	doesn't fit	doesn't fit
Sell Gate live order book, 27 min ago	9.57 bp	71.7 bp −$72	doesn't fit	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
Bybit GWEIUSDT	+0.0100%	4h	0.02333	+0.008%	$384K	$125K	25x	as long as short
Variational Omni GWEI	+0.0100%	4h	0.02329	−0.179%	$4K	$55	—	as long as short
KuCoin GWEIUSDTM	+0.0374%	4h	0.02324	−0.361%	$466K	$20K	20x	as long as short
Gate GWEI_USDTshort	+0.0424%	4h	0.02323	−0.412%	$382K	$395K	10x
MEXC GWEI_USDT	+0.0620%	4h	0.02330	−0.121%	$106K	$86K	20x	as long as short
Binance GWEIUSDTlong	+0.0622%	4h	0.02333	long leg	$2.4M	$2.7M	50x
Extended GWEI-USD	+0.0624%	1h	0.02332	−0.035%	$7K	$145K	5x	as long as short
BloFin GWEI-USDT	+0.0690%	4h	0.02324	−0.378%	$172K	$30K	50x	as long as short
Bitget GWEIUSDT	+0.0802%	4h	0.02325	−0.335%	$1.9M	$220K	20x	as long as short
BingX GWEI-USDT	+0.0820%	4h	0.02325	−0.335%	—	$1.6M	—	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GWEIUSDT	+0.1629%	4h	0.02327	−0.232%	$18K	$17K	10x	as long as short