GWEI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0320%/8h= +35.0% APRnext payment +$1.60 per $10,000 · paid last 24h −0.003%

Price spread now: Bybit against KuCoin+0.491%7-day average +0.212% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,920as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,886as in the Price arb table

costs, in and out, $10k−$1,91419.144% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.052%−$5 on $10k

Price spread, last 4 days (all we have)−0.301%−$30 · spread now +0.491%, 7d avg +0.212%

Together, before fees−0.353%−$35 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bybit is 0.279% dearer against KuCoin than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.212%. Mind the row above: over the last 7 days funding on this pair cost −0.052%, 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 -0.052% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.60 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	KuCoin GWEIUSDTM	0.02280	0.0100	pay 0.0050% / 4h	1h 08m	$451K	$17K	20x
Short	Bybit GWEIUSDT	0.02291	0.0420	get 0.0210% / 4h	1h 08m	$371K	$115K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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 KuCoinbpFee BybitbpOrdersPrice spread, now +0.491%Rate

Funding earned: $67.11
Price spread: +0.491% → +0.212%: $27.94
Slippage, 4 orders: −$1,891.39
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$1,819.33
Costs to cover: 19.144%
Break-even: 196.8 days

Slippage from KuCoin: live order book, 63 min ago; Bybit: live order book, 1 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 KuCoin live order book, 63 min ago	52.16 bp	813.8 bp −$814	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	2.18 bp	185.8 bp −$186	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 GWEIUSDTMlong	+0.0100%	4h	0.02280	long leg	$451K	$17K	20x
Variational Omni GWEI	+0.0100%	4h	0.02288	+0.368%	$4K	$55	—	as long as short
Extended GWEI-USD	+0.0400%	1h	0.02289	+0.382%	$4K	$142K	5x	as long as short
MEXC GWEI_USDT	+0.0400%	4h	0.02288	+0.360%	$103K	$87K	20x	as long as short
Binance GWEIUSDT	+0.0401%	4h	0.02289	+0.404%	$2.4M	$2.6M	50x	as long as short
Bybit GWEIUSDTshort	+0.0420%	4h	0.02291	+0.491%	$371K	$115K	25x
BloFin GWEI-USDT	+0.0457%	4h	0.02288	+0.360%	$171K	$29K	50x	as long as short
Gate GWEI_USDT	+0.0578%	4h	0.02283	+0.132%	$376K	$393K	10x	as long as short
BingX GWEI-USDT	+0.0606%	4h	0.02286	+0.272%	—	$1.6M	—	as long as short
Bitget GWEIUSDT	+0.0680%	4h	0.02283	+0.140%	$1.9M	$209K	20x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GWEIUSDT	+0.1431%	4h	0.02282	+0.096%	$16K	$15K	10x	as long as short