Funding you earn now, next payment 00:00 UTC+0.0003%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h −0.005%
Price spread now: MEXC against BingX+0.044%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1201.197% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.044%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.049% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GWEI-USDT | 0.02277 | 0.0673 | pay 0.0336% / 4h | 2h 02m | — | $1.6M | — |
| Short | MEXC GWEI_USDT | 0.02278 | 0.0676 | get 0.0338% / 4h | 2h 02m | $101K | $88K | 20x |
BingX GWEI-USDT
MEXC GWEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0.67
- Price spread: +0.044% → −0.005%
- $4.91
- Slippage, 4 orders
- −$105.71
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$114.13
- Costs to cover
- 1.197%
- Break-even
- 1195.9 days
Slippage from BingX: live order book, 14 min ago; MEXC: live order book, 9 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 MEXC live order book, 9 min ago | 2.19 bp | 24.7 bp −$25 | 109.3 bp −$1,093 | 384.5 bp −$38.4K | 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 | −0.136% | $4K | $55 | — | as long as short |
| KuCoin GWEIUSDTM | +0.0212% | 4h | 0.02279 | +0.110% | $453K | $17K | 20x | as long as short |
| Bybit GWEIUSDT | +0.0536% | 4h | 0.02278 | +0.044% | $369K | $115K | 25x | as long as short |
| Bitget GWEIUSDT | +0.0580% | 4h | 0.02280 | +0.132% | $1.9M | $210K | 20x | as long as short |
| BloFin GWEI-USDT | +0.0631% | 4h | 0.02276 | −0.044% | $170K | $28K | 50x | as long as short |
| BingX GWEI-USDTlong | +0.0673% | 4h | 0.02277 | long leg | — | $1.6M | — | |
| MEXC GWEI_USDTshort | +0.0676% | 4h | 0.02278 | +0.044% | $101K | $88K | 20x | |
| Binance GWEIUSDT | +0.0677% | 4h | 0.02279 | +0.088% | $2.3M | $2.6M | 50x | as long as short |
| Extended GWEI-USD | +0.0680% | 1h | 0.02279 | +0.076% | $3K | $142K | 5x | as long as short |
| Gate GWEI_USDT | +0.0790% | 4h | 0.02274 | −0.136% | $375K | $393K | 10x | as long as short |
Variational Omni GWEI
KuCoin GWEIUSDTM
Bybit GWEIUSDT
Bitget GWEIUSDT
BloFin 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 | +0.034% | $19K | $11K | 10x | as long as short |
Aster GWEIUSDT