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

GWEI

all GWEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0110%/8h= +12.0% APRpaid last 24h +0.018%
Price spread now: Extended against Gate+0.189%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$292as in the Funding arb table
Net, price: spread back to 7d avg − costs−$288as in the Price arb table
costs, in and out, $10k−$2972.969% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 4 days (all we have)−0.163%−$16 · spread now +0.189%, 7d avg +0.096%
Together, before fees−0.115%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.093% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.096%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GWEI_USDT0.022980.0386pay 0.0193% / 4h9m 26s$379K$406K10x
ShortExtended GWEI-USD0.023030.0496get 0.0062% / 1h9m 26s$4K$142K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$23.1
Price spread: +0.189% → +0.096%
$9.28
Slippage, 4 orders
−$276.92
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$264.55
Costs to cover
2.969%
Break-even
87.2 days
Slippage from Gate: live order book, 1 min ago; Extended: live order book, 1 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 Gate live order book, 1 min ago9.57 bp81.8 bp −$82doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 1 min ago9.14 bp112.5 bp −$112doesn't fitdoesn'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
Variational Omni GWEI+0.0100%4h0.02306+0.342%$4K$55as long as short
Bybit GWEIUSDT+0.0232%4h0.02306+0.335%$379K$121K25xas long as short
KuCoin GWEIUSDTM+0.0272%4h0.02302+0.170%$463K$20K20xas long as short
Gate GWEI_USDTlong+0.0386%4h0.02298long leg$379K$406K10x
BloFin GWEI-USDT+0.0466%4h0.02302+0.161%$172K$29K50xas long as short
Extended GWEI-USDshort+0.0496%1h0.02303+0.189%$4K$142K5x
MEXC GWEI_USDT+0.0496%4h0.02303+0.204%$104K$87K20xas long as short
Binance GWEIUSDT+0.0497%4h0.02304+0.241%$2.4M$2.6M50xas long as short
BingX GWEI-USDT+0.0636%4h0.02304+0.248%$1.6Mas long as short
Bitget GWEIUSDT+0.0658%4h0.02300+0.074%$1.9M$218K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GWEIUSDT+0.1504%4h0.02303+0.216%$18K$17K10xas long as short