GWEI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0750%/8h= −82.1% APRnext payment −$3.75 per $10,000 · paid last 24h +0.021%

Price spread now: Binance against Gate+0.052%7-day average +0.126% · you sell dearer than you buy

Net, funding: paid 7d − costs−$211as in the Funding arb table

Net, price: spread back to 7d avg − costs−$222as in the Price arb table

costs, in and out, $10k−$2142.143% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 4 days (all we have)−0.265%−$26 · spread now +0.052%, 7d avg +0.126%

Together, before fees−0.232%−$23 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Binance is 0.074% cheaper against Gate than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.126%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.033% in total (about 1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.75 per $10,000. 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	Gate GWEI_USDT	0.02305	0.1042	pay 0.0521% / 4h	1h 18m	$387K	$424K	10x
Short	Binance GWEIUSDT	0.02306	0.0292	get 0.0146% / 4h	1h 18m	$2.3M	$2.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee BinancebpOrdersPrice spread, now +0.052%Rate

Funding earned: −$157.42
Price spread: +0.052% → +0.126%: −$7.39
Slippage, 4 orders: −$189.27
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$379.08
Costs to cover: 2.143%
Break-even: never at this rate

Slippage from Gate: live order book, 43 min ago; Binance: live order book, 2 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 Gate live order book, 43 min ago	5.37 bp	79.8 bp −$80	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	2.17 bp	39.3 bp −$39	161.8 bp −$1,618	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	0.02307	+0.091%	$453K	$23K	20x	as long as short
Variational Omni GWEI	+0.0100%	4h	0.02313	+0.359%	$4K	$55	—	as long as short
Binance GWEIUSDTshort	+0.0292%	4h	0.02306	+0.052%	$2.3M	$2.7M	50x
Extended GWEI-USD	+0.0296%	1h	0.02305	+0.024%	$5K	$123K	5x	as long as short
MEXC GWEI_USDT	+0.0300%	4h	0.02306	+0.052%	$107K	$86K	20x	as long as short
Bitget GWEIUSDT	+0.0318%	4h	0.02304	−0.035%	$1.9M	$229K	20x	as long as short
BloFin GWEI-USDT	+0.0329%	4h	0.02306	+0.052%	$173K	$31K	50x	as long as short
Bybit GWEIUSDT	+0.0362%	4h	0.02308	+0.139%	$385K	$137K	25x	as long as short
BingX GWEI-USDT	+0.0430%	4h	0.02307	+0.095%	—	$1.6M	—	as long as short
Gate GWEI_USDTlong	+0.1042%	4h	0.02305	long leg	$387K	$424K	10x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GWEIUSDT	+0.1414%	4h	0.02306	+0.052%	$19K	$18K	10x	as long as short