Funding you earn now, next payment 04:00 UTC+0.0106%/8h= +11.6% APRnext payment +$0.53 per $10,000 · paid last 24h −0.026%
Price spread now: Bitget against MEXC−0.216%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1111.115% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)+0.188%+$19 · spread now −0.216%, 7d avg −0.066%
=Funding pays, the price is against you. Bitget is 0.149% cheaper against MEXC than usual: you would sell low and buy high (spread −0.216% now, against its 7-day average of −0.066%). If the spread goes back, that is −$15 on $10k: about 4.7 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GWEI_USDT | 0.02318 | 0.0580 | pay 0.0290% / 4h | 3h 31m | $106K | $87K | 20x |
| Short | Bitget GWEIUSDT | 0.02313 | 0.0686 | get 0.0343% / 4h | 3h 31m | $1.9M | $219K | 20x |
MEXC GWEI_USDT
Bitget GWEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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
- $22.26
- Price spread: −0.216% → −0.066%
- −$14.93
- Slippage, 4 orders
- −$95.48
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$104.15
- Costs to cover
- 1.115%
- Break-even
- 39.8 days
Slippage from MEXC: live order book, 14 min ago; Bitget: live order book, 1 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 MEXC live order book, 14 min ago | 2.15 bp | 21.4 bp −$21 | 109.5 bp −$1,095 | 478.7 bp −$47.9K | doesn't fit |
| Sell Bitget live order book, 1 min ago | 4.32 bp | 34.8 bp −$35 | 181.7 bp −$1,817 | 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 | 0.02320 | +0.086% | $381K | $126K | 25x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02320 | +0.092% | $4K | $55 | — | as long as short |
| Gate GWEI_USDT | +0.0146% | 4h | 0.02314 | −0.181% | $388K | $403K | 10x | as long as short |
| KuCoin GWEIUSDTM | +0.0318% | 4h | 0.02315 | −0.142% | $465K | $20K | 20x | as long as short |
| BloFin GWEI-USDT | +0.0561% | 4h | 0.02321 | +0.129% | $174K | $30K | 50x | as long as short |
| MEXC GWEI_USDTlong | +0.0580% | 4h | 0.02318 | long leg | $106K | $87K | 20x | |
| Binance GWEIUSDT | +0.0583% | 4h | 0.02319 | +0.034% | $2.4M | $2.7M | 50x | as long as short |
| Extended GWEI-USD | +0.0584% | 1h | 0.02318 | +0.021% | $7K | $145K | 5x | as long as short |
| BingX GWEI-USDT | +0.0674% | 4h | 0.02319 | +0.043% | — | $1.6M | — | as long as short |
| Bitget GWEIUSDTshort | +0.0686% | 4h | 0.02313 | −0.216% | $1.9M | $219K | 20x |
Bybit GWEIUSDT
Variational Omni GWEI
Gate GWEI_USDT
KuCoin GWEIUSDTM
BloFin GWEI-USDT
Binance GWEIUSDT
Extended GWEI-USD
BingX GWEI-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1558% | 4h | 0.02319 | +0.037% | $18K | $17K | 10x | as long as short |
Aster GWEIUSDT