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

GWEI

all GWEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0047%/8h= −5.2% APRpaid last 24h −0.026%
Price spread now: Extended against BloFin+0.101%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$222as in the Price arb table
costs, in and out, $10k−$2362.357% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.023%+$2 on $10k
Price spread, last 4 days (all we have)−0.384%−$38 · spread now +0.101%, 7d avg −0.039%
Together, before fees−0.361%+ Points / potential airdropExtended: Active · farm board−$36 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.140% dearer against BloFin than usual: you sell high and buy low (spread +0.101% now, against its 7-day average of −0.039%): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GWEI-USDT0.023290.0191pay 0.0096% / 4h2h 20m$170K$40K50x
ShortExtended GWEI-USD0.023310.0144get 0.0018% / 1h20m 35s$4K$235K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
−$9.93
Price spread: +0.101% → −0.039%
$13.99
Slippage, 4 orders
−$218.65
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$231.6
Costs to cover
2.357%
Break-even
never at this rate
Slippage from BloFin: live order book, 60 min ago; Extended: live order book, 26 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 BloFin live order book, 60 min ago6.19 bp30.4 bp −$30133.5 bp −$1,335doesn't fitdoesn't fit
Sell Extended live order book, 26 min ago8.88 bp111.9 bp −$112doesn'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
Gate GWEI_USDT+0.0100%4h0.02323−0.249%$397K$564K10xas long as short
KuCoin GWEIUSDTM+0.0100%4h0.02318−0.489%$456K$35K20xas long as short
Variational Omni GWEI+0.0100%4h0.02327−0.103%$5K$1Kas long as short
Bybit GWEIUSDT+0.0101%4h0.02327−0.086%$388K$267K25xas long as short
Extended GWEI-USDshort+0.0144%1h0.02331+0.101%$4K$235K5x
MEXC GWEI_USDT+0.0144%4h0.02330+0.043%$130K$93K20xas long as short
Binance GWEIUSDT+0.0145%4h0.02326−0.129%$2.5M$5.3M50xas long as short
BloFin GWEI-USDTlong+0.0191%4h0.02329long leg$170K$40K50x
BingX GWEI-USDT+0.0202%4h0.02331+0.086%$1.6Mas long as short
Bitget GWEIUSDT+0.0232%4h0.02330+0.043%$1.9M$452K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GWEIUSDT+0.0725%4h0.02321−0.337%$20K$31K10xas long as short