Settings8H · net · $10k
Funding arb · Price arb /

GWEI

all GWEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.02 per $10,000 · paid last 24h +0.043%
Price spread now: BingX against Bitget+0.043%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1451.446% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.076%+$8 on $10k
Price spread, last 7 days+0.034%+$3 · spread now +0.043%, 7d avg +0.096%
Together, before fees+0.110%+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.052% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.096%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GWEIUSDT0.023000.0814pay 0.0407% / 4h34m 33s$1.9M$218K20x
ShortBingX GWEI-USDT0.023010.0810get 0.0405% / 4h34m 33s$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.84
Price spread: +0.043% → +0.096%
−$5.23
Slippage, 4 orders
−$122.56
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$150.62
Costs to cover
1.446%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; BingX: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago4.35 bp39.2 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 12 min ago6.50 bp25.9 bp −$2687.9 bp −$879720.8 bp −$72.1Kdoesn't fit

GWEI on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin GWEIUSDTM+0.0100%4h0.02301+0.057%$463K$19K20xas long as short
Variational Omni GWEI+0.0100%4h0.02301+0.054%$4K$55as long as short
Bybit GWEIUSDT+0.0364%4h0.02305+0.217%$375K$119K25xas long as short
BloFin GWEI-USDT+0.0449%4h0.02305+0.217%$172K$29K50xas long as short
Gate GWEI_USDT+0.0478%4h0.02298−0.104%$379K$401K10xas long as short
MEXC GWEI_USDT+0.0478%4h0.02303+0.130%$104K$86K20xas long as short
Extended GWEI-USD+0.0480%1h0.02303+0.146%$4K$142K5xas long as short
Binance GWEIUSDT+0.0480%4h0.02304+0.169%$2.4M$2.6M50xas long as short
BingX GWEI-USDTshort+0.0810%4h0.02301+0.043%$1.6M
Bitget GWEIUSDTlong+0.0814%4h0.02300long leg$1.9M$218K20x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GWEIUSDT+0.1482%4h0.02303+0.111%$17K$17K10xas long as short