Funding you earn now, next payment 00:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.09 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against BingX+0.044%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1261.256% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 7 days−0.059%−$6 · spread now +0.044%, 7d avg −0.010%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.054% dearer against BingX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GWEI-USDT | 0.02276 | 0.0826 | pay 0.0413% / 4h | 2h 57m | — | $1.6M | — |
| Short | Binance GWEIUSDT | 0.02277 | 0.0843 | get 0.0422% / 4h | 2h 57m | $2.3M | $2.6M | 50x |
BingX GWEI-USDT
Binance GWEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- $3.62
- Price spread: +0.044% → −0.010%
- $5.38
- Slippage, 4 orders
- −$105.63
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$116.63
- Costs to cover
- 1.256%
- Break-even
- 232.8 days
Slippage from BingX: live order book, 5 min ago; Binance: live order book, 7 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 BingX live order book, 5 min ago | 6.59 bp | 31.8 bp −$32 | 115.7 bp −$1,157 | 956.6 bp −$95.7K | 1363.5 bp −$681.7K |
| Sell Binance live order book, 7 min ago | 2.20 bp | 31.3 bp −$31 | 166.5 bp −$1,665 | 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 | 0.02275 | −0.044% | $368K | $115K | 25x | as long as short |
| KuCoin GWEIUSDTM | +0.0100% | 4h | 0.02269 | −0.330% | $450K | $16K | 20x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02276 | −0.020% | $4K | $55 | — | as long as short |
| Bitget GWEIUSDT | +0.0554% | 4h | 0.02278 | +0.088% | $1.9M | $201K | 20x | as long as short |
| Gate GWEI_USDT | +0.0604% | 4h | 0.02275 | −0.044% | $374K | $381K | 10x | as long as short |
| BloFin GWEI-USDT | +0.0815% | 4h | 0.02280 | +0.176% | $170K | $29K | 50x | as long as short |
| BingX GWEI-USDTlong | +0.0826% | 4h | 0.02276 | long leg | — | $1.6M | — | |
| Binance GWEIUSDTshort | +0.0843% | 4h | 0.02277 | +0.044% | $2.3M | $2.6M | 50x | |
| MEXC GWEI_USDT | +0.0852% | 4h | 0.02276 | 0.000% | $104K | $84K | 20x | as long as short |
| Extended GWEI-USD | +0.0856% | 1h | 0.02276 | 0.000% | $3K | $142K | 5x | as long as short |
Bybit GWEIUSDT
KuCoin GWEIUSDTM
Variational Omni GWEI
Bitget GWEIUSDT
Gate GWEI_USDT
BloFin GWEI-USDT
MEXC GWEI_USDT
Extended GWEI-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1783% | 4h | 0.02277 | +0.032% | $19K | $8K | 10x | as long as short |
Aster GWEIUSDT