Funding you earn now, next payment 04:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.21 per $10,000 · paid last 24h −0.031%
Price spread now: Gate against BingX−0.137%7-day average −0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$210as in the Price arb table
costs, in and out, $10k−$2092.086% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now −0.137%, 7d avg −0.123%
=The price spread sits at its 7-day average of −0.123%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.058%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GWEI-USDT | 0.02331 | 0.0706 | pay 0.0353% / 4h | 3h 06m | — | $1.6M | — |
| Short | Gate GWEI_USDT | 0.02328 | 0.0748 | get 0.0374% / 4h | 3h 06m | $390K | $410K | 10x |
BingX GWEI-USDT
Gate GWEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- $8.82
- Price spread: −0.137% → −0.123%
- −$1.46
- Slippage, 4 orders
- −$183.63
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$201.28
- Costs to cover
- 2.086%
- Break-even
- 166.7 days
Slippage from BingX: live order book, 11 min ago; Gate: live order book, 64 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 BingX live order book, 11 min ago | 4.30 bp | 27.6 bp −$28 | 112.7 bp −$1,127 | 971.2 bp −$97.1K | 1343.3 bp −$671.7K |
| Sell Gate live order book, 64 min ago | 9.57 bp | 71.7 bp −$72 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GWEIUSDT | +0.0100% | 4h | 0.02333 | +0.086% | $383K | $126K | 25x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02332 | +0.024% | $4K | $55 | — | as long as short |
| KuCoin GWEIUSDTM | +0.0204% | 4h | 0.02328 | −0.129% | $466K | $20K | 20x | as long as short |
| BloFin GWEI-USDT | +0.0625% | 4h | 0.02334 | +0.129% | $174K | $30K | 50x | as long as short |
| MEXC GWEI_USDT | +0.0654% | 4h | 0.02331 | 0.000% | $105K | $88K | 20x | as long as short |
| Binance GWEIUSDT | +0.0663% | 4h | 0.02331 | +0.005% | $2.4M | $2.6M | 50x | as long as short |
| Extended GWEI-USD | +0.0664% | 1h | 0.02329 | −0.067% | $5K | $126K | 5x | as long as short |
| BingX GWEI-USDTlong | +0.0706% | 4h | 0.02331 | long leg | — | $1.6M | — | |
| Bitget GWEIUSDT | +0.0734% | 4h | 0.02326 | −0.215% | $1.9M | $219K | 20x | as long as short |
| Gate GWEI_USDTshort | +0.0748% | 4h | 0.02328 | −0.137% | $390K | $410K | 10x |
Bybit GWEIUSDT
Variational Omni GWEI
KuCoin GWEIUSDTM
BloFin GWEI-USDT
MEXC GWEI_USDT
Binance GWEIUSDT
Extended GWEI-USD
Bitget GWEIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1623% | 4h | 0.02330 | −0.043% | $18K | $17K | 10x | as long as short |
Aster GWEIUSDT