Funding you earn now, next payment 04:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.09 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Binance0.000%51s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1291.286% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)+0.466%+$47 · spread now 0.000%, 7d avg +0.007%
=The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GWEIUSDT | 0.02428 | 0.0530 | pay 0.0265% / 4h | 16m 19s | $2.8M | $3.9M | 50x |
| Short | BloFin GWEI-USDT | 0.02428 | 0.0511 | get 0.0255% / 4h | 16m 19s | $190K | $37K | 50x |
Binance GWEIUSDT
BloFin GWEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.96
- Price spread: 0.000% → +0.007%
- −$0.67
- Slippage, 4 orders
- −$106.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$133.18
- Costs to cover
- 1.286%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; BloFin: live order book, 14 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 Binance live order book, 5 min ago | 2.04 bp | 38.5 bp −$38 | 189.9 bp −$1,899 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 14 min ago | 6.26 bp | 29.4 bp −$29 | 84.7 bp −$847 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GWEI | +0.0100% | 4h | 0.02473 | +1.855% | $5K | $1K | — | as long as short |
| Bybit GWEIUSDT | +0.0101% | 4h | 0.02427 | −0.041% | $407K | $203K | 25x | as long as short |
| KuCoin GWEIUSDTM | +0.0278% | 4h | 0.02426 | −0.091% | $476K | $27K | 20x | as long as short |
| Bitget GWEIUSDT | +0.0306% | 4h | 0.02426 | −0.082% | $2.0M | $376K | 20x | as long as short |
| BingX GWEI-USDT | +0.0510% | 4h | 0.02428 | 0.000% | — | $1.6M | — | as long as short |
| BloFin GWEI-USDTshort | +0.0511% | 4h | 0.02428 | 0.000% | $190K | $37K | 50x | |
| Extended GWEI-USD | +0.0528% | 1h | 0.02429 | +0.044% | $4K | $130K | 5x | as long as short |
| Binance GWEIUSDTlong | +0.0530% | 4h | 0.02428 | long leg | $2.8M | $3.9M | 50x | |
| MEXC GWEI_USDT | +0.0532% | 4h | 0.02429 | +0.041% | $119K | $88K | 20x | as long as short |
| Gate GWEI_USDT | +0.1382% | 4h | 0.02422 | −0.251% | $410K | $474K | 10x | as long as short |
Variational Omni GWEI
Bybit GWEIUSDT
KuCoin GWEIUSDTM
Bitget GWEIUSDT
BingX GWEI-USDT
Extended GWEI-USD
MEXC GWEI_USDT
Gate GWEI_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1692% | 4h | 0.02423 | −0.188% | $19K | $26K | 10x | as long as short |
Aster GWEIUSDT