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

GWEI

all GWEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0158%/8hnext payment +$0.79 per $10,000 · paid last 24h +0.034%
Price spread now: BingX against Gate+0.150%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costs−$227as in the Price arb table
costs, in and out, $10k−$2292.295% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.042%+$4 on $10k
Price spread, last 3 days (all we have)+0.002%$0 · spread now +0.150%, 7d avg +0.122%
Together, before fees+0.044%+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BingX is 0.028% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.122%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GWEI_USDT0.022710.0432pay 0.0216% / 4h6m 05s$373K$388K10x
ShortBingX GWEI-USDT0.022740.0590get 0.0295% / 4h6m 05s$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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
$33.18
Price spread: +0.150% → +0.122%
$2.77
Slippage, 4 orders
−$204.5
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$193.55
Costs to cover
2.295%
Break-even
47.8 days
Slippage from Gate: live order book, 23 min ago; BingX: live order book, 19 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 Gate live order book, 23 min ago3.08 bp95.6 bp −$96doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 19 min ago6.58 bp30.3 bp −$3096.4 bp −$964653.2 bp −$65.3K1053.6 bp −$526.8K

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%4h0.02274+0.141%$451K$16K20xas long as short
Variational Omni GWEI+0.0100%4h0.02275+0.193%$4K$54as long as short
Bitget GWEIUSDT+0.0320%4h0.02274+0.150%$1.9M$200K20xas long as short
Gate GWEI_USDTlong+0.0432%4h0.02271long leg$373K$388K10x
Bybit GWEIUSDT+0.0530%4h0.02275+0.194%$368K$115K25xas long as short
BingX GWEI-USDTshort+0.0590%4h0.02274+0.150%$1.6M
BloFin GWEI-USDT+0.0593%4h0.02275+0.194%$172K$28K50xas long as short
MEXC GWEI_USDT+0.0628%4h0.02273+0.106%$104K$87K20xas long as short
Extended GWEI-USD+0.0632%1h0.02273+0.086%$3K$142K5xas long as short
Binance GWEIUSDT+0.0636%4h0.02273+0.106%$2.3M$2.5M50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GWEIUSDT+0.1489%4h0.02270−0.013%$19K$8K10xas long as short