GWEI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0243%/8h= +26.6% APRnext payment +$1.22 per $10,000 · paid last 24h −0.062%

Price spread now: Bybit against BloFin+0.175%7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$772as in the Funding arb table

Net, price: spread back to 7d avg − costs−$750as in the Price arb table

costs, in and out, $10k−$7637.633% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.089%−$9 on $10k

Price spread, last 3 days (all we have)−0.386%−$39 · spread now +0.175%, 7d avg +0.041%

Together, before fees−0.475%−$47 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bybit is 0.133% dearer against BloFin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.041%. Mind the row above: over the last 7 days funding on this pair cost −0.089%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.089% in total (about -4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.22 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	BloFin GWEI-USDT	0.02292	0.0656	pay 0.0328% / 4h	1h 43m	$171K	$29K	50x
Short	Bybit GWEIUSDT	0.02296	0.0899	get 0.0450% / 4h	1h 43m	$372K	$115K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now +0.175%Rate

Funding earned: $51.04
Price spread: +0.175% → +0.041%: $13.31
Slippage, 4 orders: −$740.29
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$698.94
Costs to cover: 7.633%
Break-even: 102.9 days

Slippage from BloFin: live order book, 31 min ago; Bybit: live order book, 32 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 BloFin live order book, 31 min ago	6.57 bp	28.6 bp −$29	139.1 bp −$1,391	doesn't fit	doesn't fit
Sell Bybit live order book, 32 min ago	4.38 bp	275.5 bp −$275	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
Variational Omni GWEI	+0.0100%	4h	0.02294	+0.100%	$4K	$55	—	as long as short
KuCoin GWEIUSDTM	+0.0154%	4h	0.02285	−0.297%	$452K	$17K	20x	as long as short
Bitget GWEIUSDT	+0.0612%	4h	0.02292	0.000%	$1.9M	$210K	20x	as long as short
MEXC GWEI_USDT	+0.0616%	4h	0.02292	0.000%	$101K	$85K	20x	as long as short
Binance GWEIUSDT	+0.0621%	4h	0.02293	+0.049%	$2.4M	$2.6M	50x	as long as short
Extended GWEI-USD	+0.0624%	1h	0.02293	+0.031%	$3K	$142K	5x	as long as short
BloFin GWEI-USDTlong	+0.0656%	4h	0.02292	long leg	$171K	$29K	50x
Gate GWEI_USDT	+0.0882%	4h	0.02290	−0.079%	$377K	$388K	10x	as long as short
Bybit GWEIUSDTshort	+0.0899%	4h	0.02296	+0.175%	$372K	$115K	25x
BingX GWEI-USDT	+0.0902%	4h	0.02294	+0.087%	—	$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	+0.1727%	4h	0.02295	+0.130%	$16K	$15K	10x	as long as short