Settings8H · net · $10k
Funding arb · Price arb /

GWEI

all GWEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h −0.004%
Price spread now: Binance against Extended+0.009%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2292.292% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)+0.054%+$5 · spread now +0.009%, 7d avg +0.033%
Together, before fees+0.042%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.024% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GWEI-USD0.022720.0776pay 0.0097% / 1h49m 44s$3K$142K5x
ShortBinance GWEIUSDT0.022720.0777get 0.0389% / 4h2h 49m$2.3M$2.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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

Funding earned
$0.24
Price spread: +0.009% → +0.033%
−$2.36
Slippage, 4 orders
−$214.24
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$231.37
Costs to cover
2.292%
Break-even
6772.1 days
Slippage from Extended: live order book, 35 min ago; Binance: live order book, 15 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 35 min ago11.86 bp36.0 bp −$36427.6 bp −$4,276doesn't fitdoesn't fit
Sell Binance live order book, 15 min ago2.20 bp31.3 bp −$31166.5 bp −$1,665doesn't fitdoesn't fit

GWEI on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit GWEIUSDT+0.0100%4h0.02270−0.100%$367K$113K25xas long as short
KuCoin GWEIUSDTM+0.0100%4h0.02265−0.307%$450K$16K20xas long as short
Variational Omni GWEI+0.0100%4h0.02270−0.100%$4K$55as long as short
Gate GWEI_USDT+0.0408%4h0.02268−0.210%$373K$383K10xas long as short
Bitget GWEIUSDT+0.0514%4h0.02268−0.188%$1.9M$200K20xas long as short
BloFin GWEI-USDT+0.0753%4h0.02269−0.144%$170K$28K50xas long as short
Extended GWEI-USDlong+0.0776%1h0.02272long leg$3K$142K5x
BingX GWEI-USDT+0.0776%4h0.02270−0.100%$1.6Mas long as short
Binance GWEIUSDTshort+0.0777%4h0.02272+0.009%$2.3M$2.6M50x
MEXC GWEI_USDT+0.0790%4h0.02272−0.012%$100K$85K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GWEIUSDT+0.1682%4h0.02269−0.164%$19K$8K10xas long as short