Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h −0.014%
Price spread now: Gate against Binance−0.088%7-day average −0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costs−$218as in the Price arb table
costs, in and out, $10k−$2222.222% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.088%, 7d avg −0.127%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.040% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.127%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GWEIUSDT | 0.02285 | 0.0699 | pay 0.0349% / 4h | 2h 21m | $2.3M | $2.5M | 50x |
| Short | Gate GWEI_USDT | 0.02283 | 0.0698 | get 0.0349% / 4h | 2h 21m | $375K | $387K | 10x |
Binance GWEIUSDT
Gate GWEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$0.21
- Price spread: −0.088% → −0.127%
- $3.96
- Slippage, 4 orders
- −$197.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$218.47
- Costs to cover
- 2.222%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Gate: live order book, 63 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, 14 min ago | 2.20 bp | 30.4 bp −$30 | 209.2 bp −$2,092 | doesn't fit | doesn't fit |
| Sell Gate live order book, 63 min ago | 8.35 bp | 72.1 bp −$72 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GWEIUSDTM | +0.0100% | 4h | 0.02271 | −0.630% | $451K | $16K | 20x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02286 | +0.040% | $4K | $55 | — | as long as short |
| Bybit GWEIUSDT | +0.0556% | 4h | 0.02288 | +0.131% | $371K | $114K | 25x | as long as short |
| Bitget GWEIUSDT | +0.0584% | 4h | 0.02285 | 0.000% | $1.9M | $200K | 20x | as long as short |
| BingX GWEI-USDT | +0.0638% | 4h | 0.02284 | −0.044% | — | $1.6M | — | as long as short |
| BloFin GWEI-USDT | +0.0646% | 4h | 0.02284 | −0.044% | $170K | $28K | 50x | as long as short |
| MEXC GWEI_USDT | +0.0684% | 4h | 0.02286 | +0.044% | $101K | $87K | 20x | as long as short |
| Extended GWEI-USD | +0.0696% | 1h | 0.02285 | −0.012% | $3K | $142K | 5x | as long as short |
| Gate GWEI_USDTshort | +0.0698% | 4h | 0.02283 | −0.088% | $375K | $387K | 10x | |
| Binance GWEIUSDTlong | +0.0699% | 4h | 0.02285 | long leg | $2.3M | $2.5M | 50x |
KuCoin GWEIUSDTM
Variational Omni GWEI
Bybit GWEIUSDT
Bitget GWEIUSDT
BingX GWEI-USDT
BloFin GWEI-USDT
MEXC GWEI_USDT
Extended GWEI-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1713% | 4h | 0.02280 | −0.219% | $19K | $8K | 10x | as long as short |
Aster GWEIUSDT