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

GWEI

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h −0.018%
Price spread now: Gate against Extended−0.224%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$314as in the Funding arb table
Net, price: spread back to 7d avg − costs−$322as in the Price arb table
costs, in and out, $10k−$3093.092% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 4 days (all we have)+0.198%+$20 · spread now −0.224%, 7d avg −0.096%
Together, before fees+0.151%+ Points / potential airdropExtended: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.128% cheaper against Extended than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.096%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GWEI-USD0.023040.0488pay 0.0061% / 1h26m 58s$4K$142K5x
ShortGate GWEI_USDT0.022980.0452get 0.0226% / 4h26m 58s$379K$402K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$7.56
Price spread: −0.224% → −0.096%
−$12.81
Slippage, 4 orders
−$289.2
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$329.58
Costs to cover
3.092%
Break-even
never at this rate
Slippage from Extended: live order book, 49 min ago; Gate: live order book, 48 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, 49 min ago12.30 bp33.9 bp −$34429.1 bp −$4,291doesn't fitdoesn't fit
Sell Gate live order book, 48 min ago11.84 bp71.7 bp −$72doesn'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%4h0.02303−0.024%$464K$19K20xas long as short
Variational Omni GWEI+0.0100%4h0.02306+0.116%$4K$55as long as short
Bybit GWEIUSDT+0.0300%4h0.02304+0.019%$378K$121K25xas long as short
Gate GWEI_USDTshort+0.0452%4h0.02298−0.224%$379K$402K10x
BloFin GWEI-USDT+0.0467%4h0.02304+0.019%$172K$29K50xas long as short
Extended GWEI-USDlong+0.0488%1h0.02304long leg$4K$142K5x
MEXC GWEI_USDT+0.0490%4h0.02303−0.024%$104K$86K20xas long as short
Binance GWEIUSDT+0.0491%4h0.02304+0.019%$2.4M$2.6M50xas long as short
BingX GWEI-USDT+0.0740%4h0.02303−0.024%$1.6Mas long as short
Bitget GWEIUSDT+0.0764%4h0.02297−0.285%$1.9M$218K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GWEIUSDT+0.1503%4h0.02302−0.055%$18K$17K10xas long as short