Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +11.0% APRnext payment +$0.50 per $10,000 · paid last 24h −0.027%
Price spread now: Bitget against Binance−0.257%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1381.379% of the position
Funding, last 7 days−0.045%−$4 on $10k
+Price spread, last 7 days+0.180%+$18 · spread now −0.257%, 7d avg −0.086%
=Funding pays, the price is against you. Bitget is 0.171% cheaper against Binance than usual: you would sell low and buy high (spread −0.257% now, against its 7-day average of −0.086%). If the spread goes back, that is −$17 on $10k: about 5.7 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 | Binance GWEIUSDT | 0.02333 | 0.0642 | pay 0.0321% / 4h | 3h 10m | $2.4M | $2.6M | 50x |
| Short | Bitget GWEIUSDT | 0.02327 | 0.0742 | get 0.0371% / 4h | 3h 10m | $1.9M | $221K | 20x |
Binance GWEIUSDT
Bitget GWEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- $21.06
- Price spread: −0.257% → −0.086%
- −$17.11
- Slippage, 4 orders
- −$115.9
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$133.95
- Costs to cover
- 1.379%
- Break-even
- 51.5 days
Slippage from Binance: live order book, 10 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 Binance live order book, 10 min ago | 2.15 bp | 32.8 bp −$33 | 211.8 bp −$2,118 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 4.30 bp | 39.4 bp −$39 | 186.2 bp −$1,862 | 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 | 0.02335 | +0.086% | $383K | $126K | 25x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02333 | +0.005% | $4K | $55 | — | as long as short |
| KuCoin GWEIUSDTM | +0.0226% | 4h | 0.02328 | −0.227% | $466K | $20K | 20x | as long as short |
| MEXC GWEI_USDT | +0.0636% | 4h | 0.02333 | 0.000% | $106K | $88K | 20x | as long as short |
| Extended GWEI-USD | +0.0640% | 1h | 0.02333 | +0.008% | $5K | $126K | 5x | as long as short |
| Binance GWEIUSDTlong | +0.0642% | 4h | 0.02333 | long leg | $2.4M | $2.6M | 50x | |
| BloFin GWEI-USDT | +0.0687% | 4h | 0.02332 | −0.043% | $173K | $30K | 50x | as long as short |
| BingX GWEI-USDT | +0.0690% | 4h | 0.02333 | 0.000% | — | $1.6M | — | as long as short |
| Bitget GWEIUSDTshort | +0.0742% | 4h | 0.02327 | −0.257% | $1.9M | $221K | 20x | |
| Gate GWEI_USDT | +0.0804% | 4h | 0.02331 | −0.090% | $391K | $410K | 10x | as long as short |
Bybit GWEIUSDT
Variational Omni GWEI
KuCoin GWEIUSDTM
MEXC GWEI_USDT
Extended GWEI-USD
BloFin GWEI-USDT
BingX GWEI-USDT
Gate GWEI_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1612% | 4h | 0.02325 | −0.325% | $18K | $17K | 10x | as long as short |
Aster GWEIUSDT