Funding you earn now, next payment 00:00 UTC+0.0182%/8h= +19.9% APRnext payment +$0.91 per $10,000 · paid last 24h −0.014%
Price spread now: Gate against Binance−0.202%7-day average −0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$222as in the Price arb table
costs, in and out, $10k−$2152.148% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)+0.153%+$15 · spread now −0.202%, 7d avg −0.127%
=Funding pays, the price is against you. Gate is 0.075% cheaper against Binance than usual: you would sell low and buy high (spread −0.202% now, against its 7-day average of −0.127%). If the spread goes back, that is −$8 on $10k: about 33 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GWEIUSDT | 0.02277 | 0.0502 | pay 0.0251% / 4h | 1h 25m | $2.3M | $2.6M | 50x |
| Short | Gate GWEI_USDT | 0.02273 | 0.0684 | get 0.0342% / 4h | 1h 25m | $375K | $391K | 10x |
Binance GWEIUSDT
Gate GWEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $38.26
- Price spread: −0.202% → −0.127%
- −$7.52
- Slippage, 4 orders
- −$189.77
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$184.03
- Costs to cover
- 2.148%
- Break-even
- 40.7 days
Slippage from Binance: live order book, 10 min ago; Gate: live order book, 55 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, 10 min ago | 2.19 bp | 37.7 bp −$38 | 210.3 bp −$2,103 | doesn't fit | doesn't fit |
| Sell Gate live order book, 55 min ago | 5.70 bp | 64.4 bp −$64 | 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 GWEIUSDTM | +0.0100% | 4h | 0.02277 | −0.044% | $450K | $17K | 20x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02280 | +0.119% | $4K | $55 | — | as long as short |
| Bybit GWEIUSDT | +0.0483% | 4h | 0.02281 | +0.154% | $370K | $115K | 25x | as long as short |
| BloFin GWEI-USDT | +0.0493% | 4h | 0.02285 | +0.330% | $172K | $28K | 50x | as long as short |
| MEXC GWEI_USDT | +0.0500% | 4h | 0.02277 | −0.022% | $103K | $86K | 20x | as long as short |
| Binance GWEIUSDTlong | +0.0502% | 4h | 0.02277 | long leg | $2.3M | $2.6M | 50x | |
| Extended GWEI-USD | +0.0504% | 1h | 0.02277 | −0.019% | $4K | $142K | 5x | as long as short |
| BingX GWEI-USDT | +0.0590% | 4h | 0.02276 | −0.066% | — | $1.6M | — | as long as short |
| Bitget GWEIUSDT | +0.0640% | 4h | 0.02275 | −0.110% | $1.9M | $210K | 20x | as long as short |
| Gate GWEI_USDTshort | +0.0684% | 4h | 0.02273 | −0.202% | $375K | $391K | 10x |
KuCoin GWEIUSDTM
Variational Omni GWEI
Bybit GWEIUSDT
BloFin GWEI-USDT
MEXC GWEI_USDT
Extended GWEI-USD
BingX GWEI-USDT
Bitget GWEIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1546% | 4h | 0.02275 | −0.128% | $15K | $15K | 10x | as long as short |
Aster GWEIUSDT