Funding you earn now, next payment 02:00 UTC−0.0349%/8h= −38.2% APRpaid last 24h +0.060%
Price spread now: Extended against Bybit−0.029%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$711as in the Funding arb table
Net, price: spread back to 7d avg − costs−$717as in the Price arb table
costs, in and out, $10k−$7247.240% of the position
Funding, last 7 days+0.127%+$13 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now −0.029%, 7d avg −0.095%
=Together, before fees+0.074%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.066% dearer against Bybit than usual: you sell high and buy low (spread −0.029% now, against its 7-day average of −0.095%): +$7 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 15 hours. Mind the row above: over the last 7 days funding on this pair paid +0.127%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.127% in total (about 6.6% a year). A funding rate is set anew for every payment. 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 | Bybit GWEIUSDT | 0.02333 | 0.0877 | pay 0.0438% / 4h | 2h 05m | $386K | $132K | 25x |
| Short | Extended GWEI-USD | 0.02332 | 0.0528 | get 0.0066% / 1h | 5m 20s | $4K | $121K | 5x |
Bybit GWEIUSDT
Extended GWEI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$73.21
- Price spread: −0.029% → −0.095%
- $6.64
- Slippage, 4 orders
- −$708.03
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$790.59
- Costs to cover
- 7.240%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 54 min ago; Extended: live order book, 60 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, 54 min ago | 2.15 bp | 372.9 bp −$373 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 60 min ago | 9.02 bp | 96.2 bp −$96 | doesn't fit | doesn't fit | doesn't fit |
GWEI on 10 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 | 0.02323 | −0.411% | $455K | $22K | 20x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02333 | +0.004% | $4K | $55 | — | as long as short |
| MEXC GWEI_USDT | +0.0524% | 4h | 0.02332 | −0.043% | $108K | $88K | 20x | as long as short |
| Binance GWEIUSDT | +0.0526% | 4h | 0.02333 | −0.005% | $2.4M | $2.6M | 50x | as long as short |
| Extended GWEI-USDshort | +0.0528% | 1h | 0.02332 | −0.029% | $4K | $121K | 5x | |
| Bitget GWEIUSDT | +0.0640% | 4h | 0.02328 | −0.214% | $1.9M | $221K | 20x | as long as short |
| BingX GWEI-USDT | +0.0804% | 4h | 0.02329 | −0.171% | — | $1.7M | — | as long as short |
| Bybit GWEIUSDTlong | +0.0877% | 4h | 0.02333 | long leg | $386K | $132K | 25x | |
| Gate GWEI_USDT | +0.0920% | 4h | 0.02329 | −0.189% | $390K | $422K | 10x | as long as short |
| Aster GWEIUSDT | +0.1472% | 4h | 0.02327 | −0.258% | $18K | $17K | 10x | as long as short |
KuCoin GWEIUSDTM
Variational Omni GWEI
MEXC GWEI_USDT
Binance GWEIUSDT
Bitget GWEIUSDT
BingX GWEI-USDT
Gate GWEI_USDT
Aster GWEIUSDT