Funding you earn now, next payment 00:00 UTC+0.0126%/8h= +13.8% APRnext payment +$0.63 per $10,000 · paid last 24h +0.046%
Price spread now: Gate against Bybit−0.269%7-day average −0.192% · you buy dearer than you sell
Net, funding: paid 7d − costs−$846as in the Funding arb table
Net, price: spread back to 7d avg − costs−$861as in the Price arb table
costs, in and out, $10k−$8538.532% of the position
Funding, last 7 days+0.075%+$7 on $10k
+Price spread, last 4 days (all we have)+0.105%+$11 · spread now −0.269%, 7d avg −0.192%
=Funding pays, the price is against you. Gate is 0.077% cheaper against Bybit than usual: you would sell low and buy high (spread −0.269% now, against its 7-day average of −0.192%). If the spread goes back, that is −$8 on $10k: about 2.0 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.075% in total) that is about 7.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GWEIUSDT | 0.02305 | 0.0350 | pay 0.0175% / 4h | 33m 03s | $375K | $119K | 25x |
| Short | Gate GWEI_USDT | 0.02299 | 0.0476 | get 0.0238% / 4h | 33m 03s | $379K | $401K | 10x |
Bybit GWEIUSDT
Gate GWEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $26.37
- Price spread: −0.269% → −0.192%
- −$7.7
- Slippage, 4 orders
- −$827.16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$834.49
- Costs to cover
- 8.532%
- Break-even
- 228.5 days
Slippage from Bybit: live order book, 37 min ago; Gate: live order book, 42 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, 37 min ago | 2.18 bp | 512.4 bp −$512 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 42 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 | 0.02302 | −0.134% | $463K | $19K | 20x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02301 | −0.163% | $4K | $55 | — | as long as short |
| Bybit GWEIUSDTlong | +0.0350% | 4h | 0.02305 | long leg | $375K | $119K | 25x | |
| BloFin GWEI-USDT | +0.0463% | 4h | 0.02306 | +0.043% | $172K | $29K | 50x | as long as short |
| Gate GWEI_USDTshort | +0.0476% | 4h | 0.02299 | −0.269% | $379K | $401K | 10x | |
| Extended GWEI-USD | +0.0480% | 1h | 0.02303 | −0.080% | $4K | $142K | 5x | as long as short |
| MEXC GWEI_USDT | +0.0480% | 4h | 0.02303 | −0.087% | $104K | $86K | 20x | as long as short |
| Binance GWEIUSDT | +0.0480% | 4h | 0.02303 | −0.087% | $2.4M | $2.6M | 50x | as long as short |
| Bitget GWEIUSDT | +0.0806% | 4h | 0.02300 | −0.217% | $1.9M | $218K | 20x | as long as short |
| BingX GWEI-USDT | +0.0810% | 4h | 0.02302 | −0.130% | — | $1.6M | — | as long as short |
KuCoin GWEIUSDTM
Variational Omni GWEI
BloFin GWEI-USDT
Extended GWEI-USD
MEXC GWEI_USDT
Binance GWEIUSDT
Bitget GWEIUSDT
BingX GWEI-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1486% | 4h | 0.02303 | −0.086% | $17K | $17K | 10x | as long as short |
Aster GWEIUSDT