Funding you earn now, next payment 00:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.21 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against BingX0.000%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1361.360% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 3 days (all we have)+0.340%+$34 · spread now 0.000%, 7d avg +0.034%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.034% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.034%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GWEI-USDT | 0.02276 | 0.0674 | pay 0.0337% / 4h | 2h 02m | — | $1.6M | — |
| Short | BloFin GWEI-USDT | 0.02276 | 0.0631 | get 0.0315% / 4h | 2h 02m | $170K | $28K | 50x |
BingX GWEI-USDT
BloFin GWEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$9.02
- Price spread: 0.000% → +0.034%
- −$3.4
- Slippage, 4 orders
- −$113.99
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$148.41
- Costs to cover
- 1.360%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; BloFin: live order book, 12 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, 14 min ago | 8.76 bp | 37.8 bp −$38 | 128.8 bp −$1,288 | 964.3 bp −$96.4K | 1383.1 bp −$691.5K |
| Sell BloFin live order book, 12 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 | 0.02274 | −0.092% | $4K | $55 | — | as long as short |
| KuCoin GWEIUSDTM | +0.0212% | 4h | 0.02279 | +0.154% | $453K | $17K | 20x | as long as short |
| Bybit GWEIUSDT | +0.0536% | 4h | 0.02277 | +0.044% | $369K | $115K | 25x | as long as short |
| Bitget GWEIUSDT | +0.0580% | 4h | 0.02279 | +0.132% | $1.9M | $210K | 20x | as long as short |
| BloFin GWEI-USDTshort | +0.0631% | 4h | 0.02276 | 0.000% | $170K | $28K | 50x | |
| BingX GWEI-USDTlong | +0.0674% | 4h | 0.02276 | long leg | — | $1.6M | — | |
| MEXC GWEI_USDT | +0.0676% | 4h | 0.02279 | +0.132% | $101K | $88K | 20x | as long as short |
| Binance GWEIUSDT | +0.0677% | 4h | 0.02279 | +0.132% | $2.3M | $2.6M | 50x | as long as short |
| Extended GWEI-USD | +0.0680% | 1h | 0.02279 | +0.119% | $3K | $142K | 5x | as long as short |
| Gate GWEI_USDT | +0.0790% | 4h | 0.02274 | −0.092% | $375K | $393K | 10x | as long as short |
Variational Omni GWEI
KuCoin GWEIUSDTM
Bybit GWEIUSDT
Bitget GWEIUSDT
MEXC GWEI_USDT
Binance GWEIUSDT
Extended GWEI-USD
Gate GWEI_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1744% | 4h | 0.02278 | +0.070% | $19K | $11K | 10x | as long as short |
Aster GWEIUSDT