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

GWEI

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.062%
Price spread now: Extended against Bybit+0.187%7-day average −0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$626as in the Funding arb table
Net, price: spread back to 7d avg − costs−$611as in the Price arb table
costs, in and out, $10k−$6396.391% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.133%+$13 on $10k
Price spread, last 4 days (all we have)−0.434%−$43 · spread now +0.187%, 7d avg −0.096%
Together, before fees−0.301%+ Points / potential airdropExtended: Active · farm board−$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.283% dearer against Bybit than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.096%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit GWEIUSDT0.023540.0207pay 0.0103% / 4h1h 05m$396K$168K25x
ShortExtended GWEI-USD0.023580.0240get 0.0030% / 1h5m 56s$6K$128K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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
$6.94
Price spread: +0.187% → −0.096%
$28.26
Slippage, 4 orders
−$623.12
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$603.92
Costs to cover
6.391%
Break-even
615.9 days
Slippage from Bybit: live order book, 49 min ago; Extended: live order book, 55 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 Bybit live order book, 49 min ago2.16 bp281.2 bp −$281doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 55 min ago9.24 bp112.0 bp −$112doesn'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
KuCoin GWEIUSDTM+0.0100%4h0.02355+0.064%$464K$23K20xas long as short
Variational Omni GWEI+0.0100%4h0.02376+0.936%$4K$55as long as short
Bybit GWEIUSDTlong+0.0207%4h0.02354long leg$396K$168K25x
Bitget GWEIUSDT+0.0228%4h0.02350−0.170%$1.9M$265K20xas long as short
Extended GWEI-USDshort+0.0240%1h0.02358+0.187%$6K$128K5x
MEXC GWEI_USDT+0.0240%4h0.02357+0.127%$109K$87K20xas long as short
Binance GWEIUSDT+0.0241%4h0.02350−0.170%$2.4M$3.0M50xas long as short
BingX GWEI-USDT+0.0276%4h0.02355+0.042%$1.6Mas long as short
BloFin GWEI-USDT+0.0279%4h0.02307−1.997%$172K$31K50xas long as short
Gate GWEI_USDT+0.1028%4h0.02351−0.119%$397K$434K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GWEIUSDT+0.1410%4h0.02351−0.123%$19K$21K10xas long as short