Funding you earn now, next payment 08:00 UTC−0.0179%/8h= −19.6% APRnext payment −$0.89 per $10,000 · paid last 24h −0.108%
Price spread now: Bybit against BingX+0.087%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$572as in the Funding arb table
Net, price: spread back to 7d avg − costs−$555as in the Price arb table
costs, in and out, $10k−$5575.569% of the position
Funding, last 7 days−0.154%−$15 on $10k
+Price spread, last 4 days (all we have)−0.075%−$8 · spread now +0.087%, 7d avg +0.068%
=The price spread sits at its 7-day average of +0.068%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GWEI-USDT | 0.02303 | 0.0280 | pay 0.0140% / 4h | 2h 40m | — | $1.6M | — |
| Short | Bybit GWEIUSDT | 0.02305 | 0.0101 | get 0.0051% / 4h | 2h 40m | $385K | $263K | 25x |
BingX GWEI-USDT
Bybit GWEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$37.58
- Price spread: +0.087% → +0.068%
- $1.86
- Slippage, 4 orders
- −$535.86
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$592.59
- Costs to cover
- 5.569%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Bybit: live order book, 64 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, 2 min ago | 8.64 bp | 25.2 bp −$25 | 97.1 bp −$971 | 962.1 bp −$96.2K | 1376.4 bp −$688.2K |
| Sell Bybit live order book, 64 min ago | 4.13 bp | 219.8 bp −$220 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GWEI_USDT | +0.0100% | 4h | 0.02303 | −0.009% | $392K | $550K | 10x | as long as short |
| KuCoin GWEIUSDTM | +0.0100% | 4h | 0.02305 | +0.083% | $453K | $35K | 20x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02310 | +0.309% | $5K | $1K | — | as long as short |
| Bybit GWEIUSDTshort | +0.0101% | 4h | 0.02305 | +0.087% | $385K | $263K | 25x | |
| Bitget GWEIUSDT | +0.0164% | 4h | 0.02304 | +0.043% | $1.9M | $442K | 20x | as long as short |
| BloFin GWEI-USDT | +0.0184% | 4h | 0.02310 | +0.304% | $117K | $39K | 50x | as long as short |
| Extended GWEI-USD | +0.0240% | 1h | 0.02302 | −0.053% | $4K | $238K | 5x | as long as short |
| MEXC GWEI_USDT | +0.0240% | 4h | 0.02304 | +0.043% | $130K | $92K | 20x | as long as short |
| Binance GWEIUSDT | +0.0240% | 4h | 0.02305 | +0.087% | $2.5M | $5.2M | 50x | as long as short |
| BingX GWEI-USDTlong | +0.0280% | 4h | 0.02303 | long leg | — | $1.6M | — |
Gate GWEI_USDT
KuCoin GWEIUSDTM
Variational Omni GWEI
Bitget GWEIUSDT
BloFin GWEI-USDT
Extended GWEI-USD
MEXC GWEI_USDT
Binance GWEIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.0818% | 4h | 0.02307 | +0.155% | $20K | $31K | 10x | as long as short |
Aster GWEIUSDT