GWEI

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0275%/8h= +30.1% APRnext payment +$1.38 per $10,000 · paid last 24h −0.082%

Price spread now: KuCoin against Binance−0.038%7-day average −0.155% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,102as in the Price arb table

costs, in and out, $10k−$1,11311.133% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.073%−$7 on $10k

Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.038%, 7d avg −0.155%

Together, before fees−0.064%−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.117% dearer against Binance than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.155%. Mind the row above: over the last 7 days funding on this pair cost −0.073%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.073% in total (about -3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.38 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	0.02372	0.0319	pay 0.0159% / 4h	3h 54m	$2.5M	$5.5M	50x
Short	KuCoin GWEIUSDTM	0.02371	0.0594	get 0.0297% / 4h	3h 54m	$468K	$36K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.038%Rate

Funding earned: $57.82
Price spread: −0.038% → −0.155%: $11.67
Slippage, 4 orders: −$1,091.25
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,043.76
Costs to cover: 11.133%
Break-even: 133.4 days

Slippage from Binance: live order book, 13 min ago; KuCoin: live order book, 39 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, 13 min ago	2.11 bp	33.8 bp −$34	204.3 bp −$2,043	doesn't fit	doesn't fit
Sell KuCoin live order book, 39 min ago	15.01 bp	293.8 bp −$294	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	0.02371	−0.042%	$399K	$286K	25x	as long as short
Variational Omni GWEI	+0.0100%	4h	0.02370	−0.080%	$5K	$1K	—	as long as short
Gate GWEI_USDT	+0.0280%	4h	0.02370	−0.093%	$405K	$579K	10x	as long as short
Extended GWEI-USD	+0.0312%	1h	0.02371	−0.045%	$6K	$219K	5x	as long as short
MEXC GWEI_USDT	+0.0314%	4h	0.02371	−0.042%	$129K	$91K	20x	as long as short
Binance GWEIUSDTlong	+0.0319%	4h	0.02372	long leg	$2.5M	$5.5M	50x
BloFin GWEI-USDT	+0.0361%	4h	0.02368	−0.169%	$164K	$43K	50x	as long as short
KuCoin GWEIUSDTMshort	+0.0594%	4h	0.02371	−0.038%	$468K	$36K	20x
BingX GWEI-USDT	+0.0810%	4h	0.02371	−0.042%	—	$1.6M	—	as long as short
Bitget GWEIUSDT	+0.0834%	4h	0.02371	−0.042%	$2.0M	$494K	20x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GWEIUSDT	+0.1343%	4h	0.02373	+0.039%	$19K	$32K	10x	as long as short