Funding you earn now, next payment 02:00 UTC−0.0300%/8h= −32.9% APRpaid last 24h −0.025%
Price spread now: Extended against BingX+0.015%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2192.190% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.015%, 7d avg −0.026%
=Together, before fees−0.127%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.042% dearer against BingX than usual: you sell high and buy low (spread +0.015% now, against its 7-day average of −0.026%): +$4 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.014% in total) that is about 22 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.014% in total (about -0.7% a year). A funding rate is set anew for every payment. 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 | BingX GWEI-USDT | 0.02328 | 0.0836 | pay 0.0418% / 4h | 2h 07m | — | $1.6M | — |
| Short | Extended GWEI-USD | 0.02328 | 0.0536 | get 0.0067% / 1h | 7m 33s | $4K | $121K | 5x |
BingX GWEI-USDT
Extended GWEI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$63
- Price spread: +0.015% → −0.026%
- $4.16
- Slippage, 4 orders
- −$203.97
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$277.81
- Costs to cover
- 2.190%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Extended: live order book, 58 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, 9 min ago | 6.46 bp | 29.9 bp −$30 | 101.3 bp −$1,013 | doesn't fit | doesn't fit |
| Sell Extended live order book, 58 min ago | 9.02 bp | 96.2 bp −$96 | doesn't fit | doesn't fit | doesn't fit |
GWEI on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GWEIUSDTM | +0.0100% | 4h | 0.02323 | −0.228% | $455K | $22K | 20x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02331 | +0.111% | $4K | $55 | — | as long as short |
| Binance GWEIUSDT | +0.0527% | 4h | 0.02329 | +0.048% | $2.4M | $2.6M | 50x | as long as short |
| Extended GWEI-USDshort | +0.0536% | 1h | 0.02328 | +0.015% | $4K | $121K | 5x | |
| MEXC GWEI_USDT | +0.0536% | 4h | 0.02328 | 0.000% | $108K | $88K | 20x | as long as short |
| Bitget GWEIUSDT | +0.0654% | 4h | 0.02324 | −0.172% | $1.9M | $222K | 20x | as long as short |
| Bybit GWEIUSDT | +0.0830% | 4h | 0.02329 | +0.043% | $386K | $133K | 25x | as long as short |
| BingX GWEI-USDTlong | +0.0836% | 4h | 0.02328 | long leg | — | $1.6M | — | |
| Gate GWEI_USDT | +0.0900% | 4h | 0.02326 | −0.073% | $390K | $422K | 10x | as long as short |
| Aster GWEIUSDT | +0.1465% | 4h | 0.02324 | −0.151% | $18K | $17K | 10x | as long as short |
KuCoin GWEIUSDTM
Variational Omni GWEI
Binance GWEIUSDT
MEXC GWEI_USDT
Bitget GWEIUSDT
Bybit GWEIUSDT
Gate GWEI_USDT
Aster GWEIUSDT