Funding you earn now, next payment 04:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.12 per $10,000 · paid last 24h −0.036%
Price spread now: Bitget against BingX−0.129%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1381.384% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 7 days+0.098%+$10 · spread now −0.129%, 7d avg −0.095%
=Funding pays, the price is against you. Bitget is 0.034% cheaper against BingX than usual: you would sell low and buy high (spread −0.129% now, against its 7-day average of −0.095%). If the spread goes back, that is −$3 on $10k: about 4.7 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.069%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GWEI-USDT | 0.02326 | 0.0820 | pay 0.0410% / 4h | 3h 46m | — | $1.6M | — |
| Short | Bitget GWEIUSDT | 0.02323 | 0.0844 | get 0.0422% / 4h | 3h 46m | $1.9M | $220K | 20x |
BingX GWEI-USDT
Bitget GWEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $5.04
- Price spread: −0.129% → −0.095%
- −$3.41
- Slippage, 4 orders
- −$116.42
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$136.79
- Costs to cover
- 1.384%
- Break-even
- 197.0 days
Slippage from BingX: live order book, 5 min ago; Bitget: live order book, 5 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 | 4.29 bp | 30.1 bp −$30 | 95.4 bp −$954 | 815.2 bp −$81.5K | 1252.4 bp −$626.2K |
| Sell Bitget live order book, 5 min ago | 4.29 bp | 46.0 bp −$46 | 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 | 0.02330 | +0.172% | $383K | $125K | 25x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02339 | +0.543% | $4K | $55 | — | as long as short |
| Gate GWEI_USDT | +0.0178% | 4h | 0.02324 | −0.103% | $383K | $395K | 10x | as long as short |
| KuCoin GWEIUSDTM | +0.0394% | 4h | 0.02326 | −0.021% | $466K | $20K | 20x | as long as short |
| BloFin GWEI-USDT | +0.0634% | 4h | 0.02327 | +0.043% | $172K | $30K | 50x | as long as short |
| Binance GWEIUSDT | +0.0645% | 4h | 0.02327 | +0.043% | $2.4M | $2.7M | 50x | as long as short |
| Extended GWEI-USD | +0.0648% | 1h | 0.02327 | +0.055% | $7K | $145K | 5x | as long as short |
| MEXC GWEI_USDT | +0.0652% | 4h | 0.02327 | +0.043% | $106K | $86K | 20x | as long as short |
| BingX GWEI-USDTlong | +0.0820% | 4h | 0.02326 | long leg | — | $1.6M | — | |
| Bitget GWEIUSDTshort | +0.0844% | 4h | 0.02323 | −0.129% | $1.9M | $220K | 20x |
Bybit GWEIUSDT
Variational Omni GWEI
Gate GWEI_USDT
KuCoin GWEIUSDTM
BloFin GWEI-USDT
Binance GWEIUSDT
Extended GWEI-USD
MEXC GWEI_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1662% | 4h | 0.02327 | +0.064% | $18K | $17K | 10x | as long as short |
Aster GWEIUSDT