Funding you earn now, next payment 04:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.27 per $10,000 · paid last 24h −0.026%
Price spread now: Bitget against BloFin−0.130%7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1481.476% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)−0.552%−$55 · spread now −0.130%, 7d avg −0.103%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.027% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.103%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GWEI-USDT | 0.02307 | 0.0306 | pay 0.0153% / 4h | 1h 09m | $172K | $31K | 50x |
| Short | Bitget GWEIUSDT | 0.02304 | 0.0252 | get 0.0126% / 4h | 1h 09m | $1.9M | $229K | 20x |
BloFin GWEI-USDT
Bitget GWEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- −$11.29
- Price spread: −0.130% → −0.103%
- −$2.72
- Slippage, 4 orders
- −$123.59
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$161.59
- Costs to cover
- 1.476%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 28 min ago; Bitget: live order book, 3 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 BloFin live order book, 28 min ago | 4.34 bp | 28.5 bp −$29 | 114.4 bp −$1,144 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 4.33 bp | 52.2 bp −$52 | 269.8 bp −$2,698 | 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 | 0.02303 | −0.186% | $452K | $23K | 20x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02312 | +0.197% | $4K | $55 | — | as long as short |
| Bybit GWEIUSDT | +0.0250% | 4h | 0.02310 | +0.130% | $386K | $137K | 25x | as long as short |
| Bitget GWEIUSDTshort | +0.0252% | 4h | 0.02304 | −0.130% | $1.9M | $229K | 20x | |
| Binance GWEIUSDT | +0.0262% | 4h | 0.02307 | 0.000% | $2.3M | $2.7M | 50x | as long as short |
| Extended GWEI-USD | +0.0264% | 1h | 0.02306 | −0.025% | $6K | $128K | 5x | as long as short |
| MEXC GWEI_USDT | +0.0266% | 4h | 0.02307 | 0.000% | $107K | $87K | 20x | as long as short |
| BloFin GWEI-USDTlong | +0.0306% | 4h | 0.02307 | long leg | $172K | $31K | 50x | |
| BingX GWEI-USDT | +0.0306% | 4h | 0.02309 | +0.087% | — | $1.6M | — | as long as short |
| Gate GWEI_USDT | +0.1082% | 4h | 0.02305 | −0.095% | $388K | $427K | 10x | as long as short |
KuCoin GWEIUSDTM
Variational Omni GWEI
Bybit GWEIUSDT
Binance GWEIUSDT
Extended GWEI-USD
MEXC GWEI_USDT
BingX GWEI-USDT
Gate GWEI_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1427% | 4h | 0.02306 | −0.043% | $19K | $18K | 10x | as long as short |
Aster GWEIUSDT