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−0.0013%/8hnext payment $0.07 per $10,000 · paid last 24h +0.007%
Price spread now: BingX against Binance−0.116%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1201.196% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.023%+$2 on $10k
Price spread, last 7 days+0.147%+$15 · spread now −0.116%, 7d avg +0.011%
Together, before fees+0.170%+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BingX is 0.127% cheaper against Binance than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.011%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GWEIUSDT0.022780.0621pay 0.0311% / 4h8m 18s$2.3M$2.5M50x
ShortBingX GWEI-USDT0.022750.0608get 0.0304% / 4h8m 18s$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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
−$2.8
Price spread: −0.116% → +0.011%
−$12.65
Slippage, 4 orders
−$99.59
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$135.04
Costs to cover
1.196%
Break-even
never at this rate
Slippage from Binance: live order book, 1 min ago; BingX: live order book, 16 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 Binance live order book, 1 min ago2.20 bp30.3 bp −$30214.8 bp −$2,148doesn't fitdoesn't fit
Sell BingX live order book, 16 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%4h0.02275−0.103%$452K$16K20xas long as short
Variational Omni GWEI+0.0100%4h0.02275−0.116%$4K$54as long as short
Bitget GWEIUSDT+0.0318%4h0.02275−0.116%$1.9M$200K20xas long as short
Gate GWEI_USDT+0.0440%4h0.02273−0.199%$374K$388K10xas long as short
Bybit GWEIUSDT+0.0556%4h0.02278+0.016%$369K$115K25xas long as short
BingX GWEI-USDTshort+0.0608%4h0.02275−0.116%$1.6M
MEXC GWEI_USDT+0.0620%4h0.02277−0.028%$104K$87K20xas long as short
Binance GWEIUSDTlong+0.0621%4h0.02278long leg$2.3M$2.5M50x
Extended GWEI-USD+0.0624%1h0.02277−0.012%$3K$142K5xas long as short
BloFin GWEI-USDT+0.0662%4h0.02274−0.160%$172K$28K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GWEIUSDT+0.1481%4h0.02273−0.225%$19K$8K10xas long as short