GWEI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0788%/8h= +86.3% APRnext payment +$3.94 per $10,000 · paid last 24h −0.046%

Price spread now: Bitget against Gate−0.119%7-day average +0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$291as in the Funding arb table

Net, price: spread back to 7d avg − costs−$301as in the Price arb table

costs, in and out, $10k−$2842.843% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.067%−$7 on $10k

Price spread, last 4 days (all we have)+0.164%+$16 · spread now −0.119%, 7d avg +0.047%

Together, before fees+0.097%+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.166% cheaper against Gate than usual: you would sell low and buy high (spread −0.119% now, against its 7-day average of +0.047%). If the spread goes back, that is −$17 on $10k: about 17 hours of funding at the current rate (+$24 a day). Mind the row above: over the last 7 days funding on this pair cost −0.067%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.067% in total (about -3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.94 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	0.02350	0.0100	pay 0.0050% / 4h	24m 22s	$401K	$600K	10x
Short	Bitget GWEIUSDT	0.02347	0.0888	get 0.0444% / 4h	24m 22s	$1.9M	$489K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.119%Rate

Funding earned: $165.48
Price spread: −0.119% → +0.047%: −$16.64
Slippage, 4 orders: −$257.31
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$135.47
Costs to cover: 2.843%
Break-even: 12.7 days

Slippage from Gate: live order book, 12 min ago; Bitget: live order book, 3 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, 12 min ago	6.36 bp	62.4 bp −$62	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	6.36 bp	25.5 bp −$25	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
Gate GWEI_USDTlong	+0.0100%	4h	0.02350	long leg	$401K	$600K	10x
Variational Omni GWEI	+0.0100%	4h	0.02357	+0.309%	$5K	$1K	—	as long as short
Bybit GWEIUSDT	+0.0101%	4h	0.02350	+0.009%	$390K	$280K	25x	as long as short
Extended GWEI-USD	+0.0232%	1h	0.02347	−0.104%	$6K	$220K	5x	as long as short
MEXC GWEI_USDT	+0.0232%	4h	0.02349	−0.034%	$128K	$93K	20x	as long as short
Binance GWEIUSDT	+0.0234%	4h	0.02348	−0.077%	$2.5M	$5.4M	50x	as long as short
BloFin GWEI-USDT	+0.0263%	4h	0.02353	+0.136%	$164K	$42K	50x	as long as short
KuCoin GWEIUSDTM	+0.0274%	4h	0.02357	+0.302%	$465K	$36K	20x	as long as short
BingX GWEI-USDT	+0.0856%	4h	0.02354	+0.179%	—	$1.6M	—	as long as short
Bitget GWEIUSDTshort	+0.0888%	4h	0.02347	−0.119%	$1.9M	$489K	20x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GWEIUSDT	+0.1192%	4h	0.02353	+0.138%	$19K	$32K	10x	as long as short