GWEI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0194%/8h= +21.3% APRnext payment +$0.97 per $10,000 · paid last 24h −0.016%

Price spread now: Gate against BloFin−0.136%48s7-day average −0.153% · you buy dearer than you sell

Net, funding: paid 7d − costs−$219as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2182.175% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)−0.200%−$20 · spread now −0.136%, 7d avg −0.153%

Together, before fees−0.214%−$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.153%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

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 -0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.97 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	0.02283	0.0376	pay 0.0188% / 4h	1h 12m	$171K	$28K	50x
Short	Gate GWEI_USDT	0.02280	0.0570	get 0.0285% / 4h	1h 12m	$375K	$393K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.136%Rate

Funding earned: $40.8
Price spread: −0.136% → −0.153%: $1.69
Slippage, 4 orders: −$190.52
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$175.03
Costs to cover: 2.175%
Break-even: 37.0 days

Slippage from BloFin: live order book, 62 min ago; Gate: live order book, 3 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, 62 min ago	6.57 bp	28.6 bp −$29	139.1 bp −$1,391	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	11.84 bp	71.7 bp −$72	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
KuCoin GWEIUSDTM	+0.0100%	4h	0.02279	−0.184%	$451K	$17K	20x	as long as short
Variational Omni GWEI	+0.0100%	4h	0.02282	−0.034%	$4K	$55	—	as long as short
Bybit GWEIUSDT	+0.0334%	4h	0.02287	+0.175%	$370K	$115K	25x	as long as short
BloFin GWEI-USDTlong	+0.0376%	4h	0.02283	long leg	$171K	$28K	50x
Binance GWEIUSDT	+0.0405%	4h	0.02286	+0.113%	$2.3M	$2.6M	50x	as long as short
Extended GWEI-USD	+0.0408%	1h	0.02285	+0.098%	$4K	$142K	5x	as long as short
MEXC GWEI_USDT	+0.0408%	4h	0.02285	+0.088%	$103K	$87K	20x	as long as short
Gate GWEI_USDTshort	+0.0570%	4h	0.02280	−0.136%	$375K	$393K	10x
BingX GWEI-USDT	+0.0607%	4h	0.02284	+0.044%	—	$1.6M	—	as long as short
Bitget GWEIUSDT	+0.0650%	4h	0.02280	−0.131%	$1.9M	$209K	20x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GWEIUSDT	+0.1440%	4h	0.02278	−0.229%	$16K	$15K	10x	as long as short