Funding you earn now, next payment 00:00 UTC−0.0174%/8h= −19.1% APRnext payment −$0.87 per $10,000 · paid last 24h +0.037%
Price spread now: MEXC against Bitget+0.217%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$1101.095% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 4 days (all we have)−0.182%−$18 · spread now +0.217%, 7d avg +0.067%
=The price spread pays, funding is against you. MEXC is 0.150% dearer against Bitget than usual: you sell high and buy low (spread +0.217% now, against its 7-day average of +0.067%): +$15 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.9 days. Mind the row above: over the last 7 days funding on this pair paid +0.054%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GWEIUSDT | 0.02304 | 0.0668 | pay 0.0334% / 4h | 7m 10s | $1.9M | $218K | 20x |
| Short | MEXC GWEI_USDT | 0.02309 | 0.0494 | get 0.0247% / 4h | 7m 10s | $104K | $88K | 20x |
Bitget GWEIUSDT
MEXC GWEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$36.54
- Price spread: +0.217% → +0.067%
- $15.03
- Slippage, 4 orders
- −$93.51
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$131.02
- Costs to cover
- 1.095%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, 51 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, 5 min ago | 2.17 bp | 40.6 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 51 min ago | 2.18 bp | 16.3 bp −$16 | 93.3 bp −$933 | 464.2 bp −$46.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GWEI | +0.0100% | 4h | 0.02306 | +0.094% | $4K | $55 | — | as long as short |
| Bybit GWEIUSDT | +0.0266% | 4h | 0.02312 | +0.347% | $382K | $122K | 25x | as long as short |
| KuCoin GWEIUSDTM | +0.0292% | 4h | 0.02307 | +0.126% | $464K | $20K | 20x | as long as short |
| Gate GWEI_USDT | +0.0396% | 4h | 0.02305 | +0.026% | $380K | $406K | 10x | as long as short |
| MEXC GWEI_USDTshort | +0.0494% | 4h | 0.02309 | +0.217% | $104K | $88K | 20x | |
| BloFin GWEI-USDT | +0.0498% | 4h | 0.02303 | −0.043% | $172K | $29K | 50x | as long as short |
| Extended GWEI-USD | +0.0504% | 1h | 0.02309 | +0.217% | $4K | $142K | 5x | as long as short |
| Binance GWEIUSDT | +0.0508% | 4h | 0.02310 | +0.247% | $2.4M | $2.6M | 50x | as long as short |
| BingX GWEI-USDT | +0.0626% | 4h | 0.02308 | +0.174% | — | $1.6M | — | as long as short |
| Bitget GWEIUSDTlong | +0.0668% | 4h | 0.02304 | long leg | $1.9M | $218K | 20x |
Variational Omni GWEI
Bybit GWEIUSDT
KuCoin GWEIUSDTM
Gate GWEI_USDT
BloFin GWEI-USDT
Extended GWEI-USD
Binance GWEIUSDT
BingX GWEI-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1507% | 4h | 0.02306 | +0.087% | $18K | $17K | 10x | as long as short |
Aster GWEIUSDT