Funding you earn now, next payment 12:00 UTC+0.0037%/8h= +4.1% APRnext payment +$0.19 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against BloFin−0.042%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$850.848% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)−0.595%−$59 · spread now −0.042%, 7d avg −0.019%
=Funding pays, the price is against you. MEXC is 0.023% cheaper against BloFin than usual: you would sell low and buy high (spread −0.042% now, against its 7-day average of −0.019%). If the spread goes back, that is −$2 on $10k: about 2.1 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.016% in total) that is about 10 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GWEI-USDT | 0.02389 | 0.0449 | pay 0.0224% / 4h | 3h 03m | $168K | $45K | 50x |
| Short | MEXC GWEI_USDT | 0.02388 | 0.0486 | get 0.0243% / 4h | 3h 03m | $128K | $96K | 20x |
BloFin GWEI-USDT
MEXC GWEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- $7.84
- Price spread: −0.042% → −0.019%
- −$2.33
- Slippage, 4 orders
- −$68.83
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$79.32
- Costs to cover
- 0.848%
- Break-even
- 77.8 days
Slippage from BloFin: live order book, 61 min ago; MEXC: live order book, 1 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, 61 min ago | 6.32 bp | 22.0 bp −$22 | 123.3 bp −$1,233 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 2.09 bp | 12.1 bp −$12 | 98.9 bp −$989 | 445.2 bp −$44.5K | 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 | 0.02385 | −0.167% | $401K | $284K | 25x | as long as short |
| Gate GWEI_USDT | +0.0100% | 4h | 0.02382 | −0.285% | $412K | $610K | 10x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02390 | +0.025% | $5K | $1K | — | as long as short |
| BloFin GWEI-USDTlong | +0.0449% | 4h | 0.02389 | long leg | $168K | $45K | 50x | |
| KuCoin GWEIUSDTM | +0.0460% | 4h | 0.02387 | −0.092% | $472K | $35K | 20x | as long as short |
| Extended GWEI-USD | +0.0480% | 1h | 0.02388 | −0.058% | $6K | $225K | 5x | as long as short |
| Binance GWEIUSDT | +0.0482% | 4h | 0.02388 | −0.032% | $2.6M | $5.3M | 50x | as long as short |
| MEXC GWEI_USDTshort | +0.0486% | 4h | 0.02388 | −0.042% | $128K | $96K | 20x | |
| BingX GWEI-USDT | +0.0894% | 4h | 0.02386 | −0.126% | — | $1.6M | — | as long as short |
| Bitget GWEIUSDT | +0.0938% | 4h | 0.02386 | −0.126% | $2.0M | $495K | 20x | as long as short |
Bybit GWEIUSDT
Gate GWEI_USDT
Variational Omni GWEI
KuCoin GWEIUSDTM
Extended GWEI-USD
Binance GWEIUSDT
BingX GWEI-USDT
Bitget GWEIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1615% | 4h | 0.02385 | −0.167% | $19K | $28K | 10x | as long as short |
Aster GWEIUSDT