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

GWEI

all GWEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0144%/8h= −15.8% APRpaid last 24h +0.055%
Price spread now: Extended against KuCoin−0.015%7-day average +0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,208as in the Price arb table
costs, in and out, $10k−$1,19511.945% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.079%+$8 on $10k
Price spread, last 4 days (all we have)+0.025%+$3 · spread now −0.015%, 7d avg +0.124%
Together, before fees+0.105%+ Points / potential airdropExtended: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Extended is 0.138% cheaper against KuCoin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.124%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.079%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GWEIUSDTM0.023670.0360pay 0.0180% / 4h10m 37s$467K$36K20x
ShortExtended GWEI-USD0.023660.0216get 0.0027% / 1h10m 37s$6K$220K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. 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
−$30.24
Price spread: −0.015% → +0.124%
−$13.83
Slippage, 4 orders
−$1,177.53
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$1,238.6
Costs to cover
11.945%
Break-even
never at this rate
Slippage from KuCoin: live order book, 23 min ago; Extended: live order book, 26 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 KuCoin live order book, 23 min ago15.01 bp753.7 bp −$754doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 26 min ago9.33 bp97.2 bp −$97doesn'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
Gate GWEI_USDT+0.0100%4h0.02362−0.186%$403K$608K10xas long as short
Variational Omni GWEI+0.0100%4h0.02363−0.148%$5K$1Kas long as short
Bybit GWEIUSDT+0.0101%4h0.02366−0.030%$394K$282K25xas long as short
Extended GWEI-USDshort+0.0216%1h0.02366−0.015%$6K$220K5x
MEXC GWEI_USDT+0.0218%4h0.02367+0.013%$129K$94K20xas long as short
Binance GWEIUSDT+0.0220%4h0.02367+0.030%$2.5M$5.5M50xas long as short
BloFin GWEI-USDT+0.0240%4h0.02367+0.013%$164K$42K50xas long as short
KuCoin GWEIUSDTMlong+0.0360%4h0.02367long leg$467K$36K20x
BingX GWEI-USDT+0.0810%4h0.02365−0.072%$1.6Mas long as short
Bitget GWEIUSDT+0.0856%4h0.02363−0.156%$2.0M$492K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GWEIUSDT+0.1199%4h0.02362−0.199%$19K$32K10xas long as short