Funding you earn now, next payment 12:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.27 per $10,000 · paid last 24h +0.022%
Price spread now: BloFin against Gate+0.257%7-day average +0.137% · you sell dearer than you buy
Net, funding: paid 7d − costs−$280as in the Funding arb table
Net, price: spread back to 7d avg − costs−$267as in the Price arb table
costs, in and out, $10k−$2792.793% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)+0.325%+$33 · spread now +0.257%, 7d avg +0.137%
=The price spread pays, funding is against you. BloFin is 0.119% dearer against Gate than usual: you sell high and buy low (spread +0.257% now, against its 7-day average of +0.137%): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.2 days. At the pace of the last 7 days (−0.011% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GWEI_USDT | 0.02378 | 0.0446 | pay 0.0223% / 4h | 3h 32m | $408K | $591K | 10x |
| Short | BloFin GWEI-USDT | 0.02384 | 0.0391 | get 0.0196% / 4h | 3h 32m | $167K | $44K | 50x |
Gate GWEI_USDT
BloFin GWEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$11.54
- Price spread: +0.257% → +0.137%
- $11.95
- Slippage, 4 orders
- −$252.27
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$278.86
- Costs to cover
- 2.793%
- Break-even
- never at this rate
Slippage from Gate: live order book, 64 min ago; BloFin: live order book, 32 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 Gate live order book, 64 min ago | 6.36 bp | 62.4 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 32 min ago | 6.32 bp | 31.9 bp −$32 | 112.9 bp −$1,129 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GWEIUSDT | +0.0100% | 4h | 0.02377 | −0.038% | $401K | $283K | 25x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02383 | +0.219% | $5K | $1K | — | as long as short |
| MEXC GWEI_USDT | +0.0348% | 4h | 0.02381 | +0.130% | $126K | $93K | 20x | as long as short |
| Extended GWEI-USD | +0.0352% | 1h | 0.02381 | +0.112% | $4K | $221K | 5x | as long as short |
| Binance GWEIUSDT | +0.0353% | 4h | 0.02376 | −0.080% | $2.6M | $5.3M | 50x | as long as short |
| BloFin GWEI-USDTshort | +0.0391% | 4h | 0.02384 | +0.257% | $167K | $44K | 50x | |
| Gate GWEI_USDTlong | +0.0446% | 4h | 0.02378 | long leg | $408K | $591K | 10x | |
| KuCoin GWEIUSDTM | +0.0548% | 4h | 0.02377 | −0.050% | $469K | $35K | 20x | as long as short |
| BingX GWEI-USDT | +0.0792% | 4h | 0.02380 | +0.088% | — | $1.6M | — | as long as short |
| Bitget GWEIUSDT | +0.0894% | 4h | 0.02380 | +0.088% | $2.0M | $490K | 20x | as long as short |
Bybit GWEIUSDT
Variational Omni GWEI
MEXC GWEI_USDT
Extended GWEI-USD
Binance GWEIUSDT
KuCoin GWEIUSDTM
BingX GWEI-USDT
Bitget GWEIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1448% | 4h | 0.02375 | −0.116% | $19K | $32K | 10x | as long as short |
Aster GWEIUSDT