GWEI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0712%/8h= −78.0% APRnext payment −$3.56 per $10,000 · paid last 24h −0.049%

Price spread now: Bybit against Bitget+0.172%7-day average +0.142% · you sell dearer than you buy

Net, funding: paid 7d − costs−$573as in the Funding arb table

Net, price: spread back to 7d avg − costs−$562as in the Price arb table

costs, in and out, $10k−$5655.654% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.072%−$7 on $10k

Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.172%, 7d avg +0.142%

Together, before fees−0.152%−$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.030% dearer against Bitget than usual: you sell high and buy low (spread +0.172% now, against its 7-day average of +0.142%): +$3 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.072% in total) that is about 3.0 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.072% in total (about -3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.56 per $10,000. 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	Bitget GWEIUSDT	0.02325	0.0812	pay 0.0406% / 4h	3h 44m	$1.9M	$220K	20x
Short	Bybit GWEIUSDT	0.02329	0.0100	get 0.0050% / 4h	3h 44m	$383K	$125K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee BitgetbpFee BybitbpOrdersPrice spread, now +0.172%Rate

Funding earned: −$149.52
Price spread: +0.172% → +0.142%: $3.04
Slippage, 4 orders: −$542.35
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$711.83
Costs to cover: 5.654%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; Bybit: live order book, 20 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, 3 min ago	4.30 bp	40.2 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 20 min ago	2.16 bp	192.9 bp −$193	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
Bybit GWEIUSDTshort	+0.0100%	4h	0.02329	+0.172%	$383K	$125K	25x
Variational Omni GWEI	+0.0100%	4h	0.02329	+0.157%	$4K	$55	—	as long as short
Gate GWEI_USDT	+0.0148%	4h	0.02323	−0.086%	$382K	$395K	10x	as long as short
KuCoin GWEIUSDTM	+0.0376%	4h	0.02323	−0.065%	$466K	$20K	20x	as long as short
Binance GWEIUSDT	+0.0622%	4h	0.02329	+0.191%	$2.4M	$2.7M	50x	as long as short
Extended GWEI-USD	+0.0624%	1h	0.02329	+0.160%	$7K	$145K	5x	as long as short
MEXC GWEI_USDT	+0.0634%	4h	0.02328	+0.129%	$106K	$86K	20x	as long as short
BloFin GWEI-USDT	+0.0690%	4h	0.02324	−0.043%	$172K	$30K	50x	as long as short
Bitget GWEIUSDTlong	+0.0812%	4h	0.02325	long leg	$1.9M	$220K	20x
BingX GWEI-USDT	+0.0820%	4h	0.02324	−0.043%	—	$1.6M	—	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GWEIUSDT	+0.1637%	4h	0.02326	+0.058%	$18K	$17K	10x	as long as short