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

GWEI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.013%
Price spread now: Extended against Bitget+0.094%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$241as in the Funding arb table
Net, price: spread back to 7d avg − costs−$241as in the Price arb table
costs, in and out, $10k−$2462.462% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.094%, 7d avg +0.045%
Together, before fees−0.044%+ Points / potential airdropExtended: Active · farm board−$4 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: Extended is 0.048% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GWEIUSDT0.023100.0636pay 0.0318% / 4h2h 55m$1.9M$218K20x
ShortExtended GWEI-USD0.023120.0640get 0.0080% / 1h55m 29s$5K$123K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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: +0.094% → +0.045%
$4.82
Slippage, 4 orders
−$229.16
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$240.51
Costs to cover
2.462%
Break-even
2011.2 days
Slippage from Bitget: live order book, 1 min ago; Extended: live order book, 10 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, 1 min ago2.16 bp44.2 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 10 min ago9.02 bp96.2 bp −$96doesn't fitdoesn't fitdoesn'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
Bybit GWEIUSDT+0.0100%4h0.02314+0.173%$381K$125K25xas long as short
Variational Omni GWEI+0.0100%4h0.02316+0.266%$4K$55as long as short
KuCoin GWEIUSDTM+0.0142%4h0.02314+0.182%$464K$20K20xas long as short
Gate GWEI_USDT+0.0590%4h0.02311+0.061%$390K$400K10xas long as short
BloFin GWEI-USDT+0.0608%4h0.02325+0.649%$174K$30K50xas long as short
Bitget GWEIUSDTlong+0.0636%4h0.02310long leg$1.9M$218K20x
MEXC GWEI_USDT+0.0638%4h0.02311+0.043%$106K$85K20xas long as short
Binance GWEIUSDT+0.0639%4h0.02311+0.049%$2.4M$2.6M50xas long as short
Extended GWEI-USDshort+0.0640%1h0.02312+0.094%$5K$123K5x
BingX GWEI-USDT+0.0642%4h0.02312+0.087%$1.6Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GWEIUSDT+0.1564%4h0.02316+0.243%$18K$17K10xas long as short