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

GWEI

all GWEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.090%
Price spread now: Gate against KuCoin+0.198%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,346as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,337as in the Price arb table
costs, in and out, $10k−$1,35413.540% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.076%+$8 on $10k
Price spread, last 4 days (all we have)−0.227%−$23 · spread now +0.198%, 7d avg +0.025%
Together, before fees−0.152%−$15 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: Gate is 0.174% dearer against KuCoin than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GWEIUSDTM0.023180.0100pay 0.0050% / 4h2h 20m$455K$35K20x
ShortGate GWEI_USDT0.023220.0100get 0.0050% / 4h2h 20m$396K$564K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$0
Price spread: +0.198% → +0.025%
$17.38
Slippage, 4 orders
−$1,326.97
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$1,336.59
Costs to cover
13.540%
Break-even
never at this rate
Slippage from KuCoin: live order book, 38 min ago; Gate: live order book, 26 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 KuCoin live order book, 38 min ago31.63 bp813.5 bp −$814doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 26 min ago7.15 bp113.7 bp −$114doesn'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
Gate GWEI_USDTshort+0.0100%4h0.02322+0.198%$396K$564K10x
KuCoin GWEIUSDTMlong+0.0100%4h0.02318long leg$455K$35K20x
Variational Omni GWEI+0.0100%4h0.02327+0.388%$5K$1Kas long as short
Bybit GWEIUSDT+0.0101%4h0.02327+0.406%$388K$267K25xas long as short
Extended GWEI-USD+0.0144%1h0.02331+0.593%$4K$235K5xas long as short
MEXC GWEI_USDT+0.0144%4h0.02328+0.449%$130K$93K20xas long as short
Binance GWEIUSDT+0.0145%4h0.02326+0.362%$2.5M$5.3M50xas long as short
BloFin GWEI-USDT+0.0191%4h0.02329+0.492%$170K$40K50xas long as short
BingX GWEI-USDT+0.0202%4h0.02328+0.449%$1.6Mas long as short
Bitget GWEIUSDT+0.0232%4h0.02325+0.319%$1.9M$453K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GWEIUSDT+0.0725%4h0.02320+0.120%$20K$31K10xas long as short