Funding you earn now, next payment 08:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.043%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1000.999% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.043%, 7d avg −0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.030% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GWEIUSDT | 0.02347 | 0.0177 | pay 0.0088% / 4h | 1h 50m | $2.5M | $5.3M | 50x |
| Short | MEXC GWEI_USDT | 0.02346 | 0.0184 | get 0.0092% / 4h | 1h 50m | $130K | $92K | 20x |
Binance GWEIUSDT
MEXC GWEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $1.48
- Price spread: −0.043% → −0.013%
- −$2.97
- Slippage, 4 orders
- −$85.92
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$101.41
- Costs to cover
- 0.999%
- Break-even
- 487.2 days
Slippage from Binance: live order book, 2 min ago; MEXC: live order book, 29 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, 2 min ago | 4.26 bp | 31.9 bp −$32 | 185.0 bp −$1,850 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 29 min ago | 2.15 bp | 18.4 bp −$18 | 108.3 bp −$1,083 | 365.3 bp −$36.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GWEI_USDT | +0.0100% | 4h | 0.02345 | −0.094% | $398K | $573K | 10x | as long as short |
| KuCoin GWEIUSDTM | +0.0100% | 4h | 0.02351 | +0.162% | $463K | $36K | 20x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02347 | +0.005% | $5K | $1K | — | as long as short |
| Bybit GWEIUSDT | +0.0101% | 4h | 0.02347 | 0.000% | $391K | $271K | 25x | as long as short |
| Binance GWEIUSDTlong | +0.0177% | 4h | 0.02347 | long leg | $2.5M | $5.3M | 50x | |
| Extended GWEI-USD | +0.0184% | 1h | 0.02346 | −0.026% | $4K | $238K | 5x | as long as short |
| MEXC GWEI_USDTshort | +0.0184% | 4h | 0.02346 | −0.043% | $130K | $92K | 20x | |
| BloFin GWEI-USDT | +0.0199% | 4h | 0.02344 | −0.128% | $167K | $41K | 50x | as long as short |
| BingX GWEI-USDT | +0.0526% | 4h | 0.02346 | −0.043% | — | $1.6M | — | as long as short |
| Bitget GWEIUSDT | +0.0538% | 4h | 0.02344 | −0.128% | $1.9M | $472K | 20x | as long as short |
Gate GWEI_USDT
KuCoin GWEIUSDTM
Variational Omni GWEI
Bybit GWEIUSDT
Extended GWEI-USD
BloFin GWEI-USDT
BingX GWEI-USDT
Bitget GWEIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.0784% | 4h | 0.02345 | −0.099% | $19K | $32K | 10x | as long as short |
Aster GWEIUSDT