GWEI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0416%/8h= −45.6% APRnext payment −$2.08 per $10,000 · paid last 24h −0.040%

Price spread now: KuCoin against Bitget+0.086%7-day average −0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,032as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,015as in the Price arb table

costs, in and out, $10k−$1,03110.310% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.086%, 7d avg −0.073%

Together, before fees−0.105%−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.160% dearer against Bitget than usual: you sell high and buy low (spread +0.086% now, against its 7-day average of −0.073%): +$16 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 31 hours. At the pace of the last 7 days (−0.014% in total) that is about 3 months.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.014% in total (about -0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.08 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	0.02315	0.0762	pay 0.0381% / 4h	3h 38m	$1.9M	$219K	20x
Short	KuCoin GWEIUSDTM	0.02317	0.0346	get 0.0173% / 4h	3h 38m	$465K	$20K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 KuCoinbpOrdersPrice spread, now +0.086%Rate

Funding earned: −$87.36
Price spread: +0.086% → −0.073%: $15.97
Slippage, 4 orders: −$1,007
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,102.4
Costs to cover: 10.310%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 13 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	4.31 bp	37.5 bp −$37	263.2 bp −$2,632	doesn't fit	doesn't fit
Sell KuCoin live order book, 13 min ago	28.35 bp	185.7 bp −$186	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 GWEIUSDT	+0.0100%	4h	0.02321	+0.259%	$382K	$125K	25x	as long as short
Variational Omni GWEI	+0.0100%	4h	0.02328	+0.546%	$4K	$55	—	as long as short
Gate GWEI_USDT	+0.0224%	4h	0.02317	+0.069%	$389K	$401K	10x	as long as short
KuCoin GWEIUSDTMshort	+0.0346%	4h	0.02317	+0.086%	$465K	$20K	20x
Binance GWEIUSDT	+0.0604%	4h	0.02317	+0.086%	$2.4M	$2.7M	50x	as long as short
Extended GWEI-USD	+0.0616%	1h	0.02316	+0.062%	$7K	$145K	5x	as long as short
MEXC GWEI_USDT	+0.0616%	4h	0.02316	+0.043%	$105K	$86K	20x	as long as short
BloFin GWEI-USDT	+0.0627%	4h	0.02322	+0.302%	$173K	$30K	50x	as long as short
Bitget GWEIUSDTlong	+0.0762%	4h	0.02315	long leg	$1.9M	$219K	20x
BingX GWEI-USDT	+0.0772%	4h	0.02318	+0.130%	—	$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	+0.1601%	4h	0.02320	+0.205%	$18K	$17K	10x	as long as short