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

GWEI

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0196%/8h= +21.5% APRpaid last 24h 0.000%
Price spread now: BingX against Extended+0.020%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$218as in the Price arb table
costs, in and out, $10k−$2182.178% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.111%+$11 · spread now +0.020%, 7d avg +0.026%
Together, before fees+0.113%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.001% in total (about 0.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GWEI-USD0.022850.0416pay 0.0052% / 1h13m 27s$4K$142K5x
ShortBingX GWEI-USDT0.022850.0612get 0.0306% / 4h1h 13m$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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
$41.16
Price spread: +0.020% → +0.026%
−$0.63
Slippage, 4 orders
−$202.83
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$177.29
Costs to cover
2.178%
Break-even
37.2 days
Slippage from Extended: live order book, 2 min ago; BingX: live order book, 9 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 Extended live order book, 2 min ago12.30 bp33.9 bp −$34429.1 bp −$4,291doesn't fitdoesn't fit
Sell BingX live order book, 9 min ago6.57 bp30.2 bp −$3094.2 bp −$942674.3 bp −$67.4Kdoesn'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%4h0.02279−0.247%$451K$17K20xas long as short
Variational Omni GWEI+0.0100%4h0.02282−0.102%$4K$55as long as short
Bybit GWEIUSDT+0.0325%4h0.02286+0.064%$370K$115K25xas long as short
BloFin GWEI-USDT+0.0378%4h0.02283−0.068%$171K$28K50xas long as short
Binance GWEIUSDT+0.0409%4h0.02285+0.020%$2.3M$2.6M50xas long as short
MEXC GWEI_USDT+0.0412%4h0.02284−0.024%$103K$87K20xas long as short
Extended GWEI-USDlong+0.0416%1h0.02285long leg$4K$142K5x
Gate GWEI_USDT+0.0574%4h0.02279−0.252%$375K$393K10xas long as short
BingX GWEI-USDTshort+0.0612%4h0.02285+0.020%$1.6M
Bitget GWEIUSDT+0.0644%4h0.02280−0.199%$1.9M$209K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GWEIUSDT+0.1443%4h0.02278−0.292%$16K$15K10xas long as short