Funding you earn now, next payment 12:00 UTC−0.0164%/8h= −18.0% APRnext payment −$0.82 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against Bitget+0.594%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$1081.078% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)−0.158%−$16 · spread now +0.594%, 7d avg +0.087%
=The price spread pays, funding is against you. BloFin is 0.508% dearer against Bitget than usual: you sell high and buy low (spread +0.594% now, against its 7-day average of +0.087%): +$51 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 10 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GWEIUSDT | 0.02355 | 0.0222 | pay 0.0111% / 4h | 52m 40s | $2.0M | $513K | 20x |
| Short | BloFin GWEI-USDT | 0.02369 | 0.0058 | get 0.0029% / 4h | 52m 40s | $170K | $47K | 50x |
Bitget GWEIUSDT
BloFin GWEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$34.49
- Price spread: +0.594% → +0.087%
- $50.78
- Slippage, 4 orders
- −$83.81
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$91.52
- Costs to cover
- 1.078%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 45 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 Bitget live order book, 2 min ago | 4.23 bp | 30.5 bp −$31 | 247.2 bp −$2,472 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 45 min ago | 8.48 bp | 28.8 bp −$29 | 102.1 bp −$1,021 | doesn't fit | doesn't fit |
GWEI on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin GWEI-USDTshort | +0.0058% | 4h | 0.02369 | +0.594% | $170K | $47K | 50x | |
| Binance GWEIUSDT | +0.0100% | 4h | 0.02358 | +0.127% | $2.6M | $5.3M | 50x | as long as short |
| Bybit GWEIUSDT | +0.0100% | 4h | 0.02358 | +0.127% | $399K | $290K | 25x | as long as short |
| Gate GWEI_USDT | +0.0100% | 4h | 0.02353 | −0.081% | $406K | $590K | 10x | as long as short |
| MEXC GWEI_USDT | +0.0100% | 4h | 0.02358 | +0.127% | $128K | $92K | 20x | as long as short |
| KuCoin GWEIUSDTM | +0.0100% | 4h | 0.02361 | +0.272% | $464K | $36K | 20x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02369 | +0.589% | $5K | $1K | — | as long as short |
| Extended GWEI-USD | +0.0104% | 1h | 0.02357 | +0.093% | $4K | $223K | 5x | as long as short |
| Bitget GWEIUSDTlong | +0.0222% | 4h | 0.02355 | long leg | $2.0M | $513K | 20x | |
| BingX GWEI-USDT | +0.0262% | 4h | 0.02357 | +0.085% | — | $1.6M | — | as long as short |
Binance GWEIUSDT
Bybit GWEIUSDT
Gate GWEI_USDT
MEXC GWEI_USDT
KuCoin GWEIUSDTM
Variational Omni GWEI
Extended GWEI-USD
BingX GWEI-USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.0359% | 4h | 0.02359 | +0.182% | $19K | $29K | 10x | as long as short |
Aster GWEIUSDT