Funding you earn now, next payment 00:00 UTC−0.0134%/8h= −14.6% APRnext payment −$0.67 per $10,000 · paid last 24h +0.023%
Price spread now: Bitget against Bybit+0.175%7-day average −0.142% · you sell dearer than you buy
Net, funding: paid 7d − costs−$782as in the Funding arb table
Net, price: spread back to 7d avg − costs−$755as in the Price arb table
costs, in and out, $10k−$7867.863% of the position
Funding, last 7 days+0.045%+$5 on $10k
+Price spread, last 4 days (all we have)−0.244%−$24 · spread now +0.175%, 7d avg −0.142%
=The price spread pays, funding is against you. Bitget is 0.316% dearer against Bybit than usual: you sell high and buy low (spread +0.175% now, against its 7-day average of −0.142%): +$32 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 7.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GWEIUSDT | 0.02289 | 0.0668 | pay 0.0334% / 4h | 1h 55m | $371K | $115K | 25x |
| Short | Bitget GWEIUSDT | 0.02293 | 0.0534 | get 0.0267% / 4h | 1h 55m | $1.9M | $211K | 20x |
Bybit GWEIUSDT
Bitget GWEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$28.06
- Price spread: +0.175% → −0.142%
- $31.63
- Slippage, 4 orders
- −$763.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$782.78
- Costs to cover
- 7.863%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 19 min ago; Bitget: 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 Bybit live order book, 19 min ago | 4.38 bp | 425.2 bp −$425 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.19 bp | 34.3 bp −$34 | 204.9 bp −$2,049 | 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 | 0.02281 | −0.331% | $4K | $55 | — | as long as short |
| KuCoin GWEIUSDTM | +0.0186% | 4h | 0.02280 | −0.393% | $451K | $17K | 20x | as long as short |
| Bitget GWEIUSDTshort | +0.0534% | 4h | 0.02293 | +0.175% | $1.9M | $211K | 20x | |
| MEXC GWEI_USDT | +0.0606% | 4h | 0.02292 | +0.131% | $101K | $84K | 20x | as long as short |
| Binance GWEIUSDT | +0.0607% | 4h | 0.02292 | +0.131% | $2.4M | $2.6M | 50x | as long as short |
| Extended GWEI-USD | +0.0608% | 1h | 0.02293 | +0.155% | $3K | $142K | 5x | as long as short |
| BloFin GWEI-USDT | +0.0645% | 4h | 0.02282 | −0.306% | $172K | $28K | 50x | as long as short |
| BingX GWEI-USDT | +0.0658% | 4h | 0.02284 | −0.218% | — | $1.6M | — | as long as short |
| Bybit GWEIUSDTlong | +0.0668% | 4h | 0.02289 | long leg | $371K | $115K | 25x | |
| Gate GWEI_USDT | +0.0782% | 4h | 0.02282 | −0.297% | $376K | $385K | 10x | as long as short |
Variational Omni GWEI
KuCoin GWEIUSDTM
MEXC GWEI_USDT
Binance GWEIUSDT
Extended GWEI-USD
BloFin GWEI-USDT
BingX GWEI-USDT
Gate GWEI_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1667% | 4h | 0.02288 | −0.057% | $17K | $14K | 10x | as long as short |
Aster GWEIUSDT