GWEI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0203%/8h= −22.2% APRnext payment −$1.01 per $10,000 · paid last 24h −0.010%

Price spread now: Binance against BingX−0.087%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$140as in the Funding arb table

Net, price: spread back to 7d avg − costs−$146as in the Price arb table

costs, in and out, $10k−$1381.379% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$2 on $10k

Price spread, last 7 days+0.133%+$13 · spread now −0.087%, 7d avg −0.010%

Together, before fees+0.108%+$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Binance is 0.077% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.010%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.025% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.01 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX GWEI-USDT	0.02308	0.0568	pay 0.0284% / 4h	1h 31m	—	$1.6M	—
Short	Binance GWEIUSDT	0.02306	0.0365	get 0.0183% / 4h	1h 31m	$2.3M	$2.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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

Position, each leg$Hold fordaysFee BingXbpFee BinancebpOrdersPrice spread, now −0.087%Rate

Funding earned: −$42.53
Price spread: −0.087% → −0.010%: −$7.69
Slippage, 4 orders: −$117.93
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$188.15
Costs to cover: 1.379%
Break-even: never at this rate

Slippage from BingX: live order book, 15 min ago; Binance: live order book, 4 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 BingX live order book, 15 min ago	6.50 bp	32.8 bp −$33	120.4 bp −$1,204	1006.4 bp −$100.6K	doesn't fit
Sell Binance live order book, 4 min ago	2.16 bp	41.4 bp −$41	179.1 bp −$1,791	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	0.02303	−0.230%	$452K	$23K	20x	as long as short
Variational Omni GWEI	+0.0100%	4h	0.02309	+0.024%	$4K	$55	—	as long as short
Binance GWEIUSDTshort	+0.0365%	4h	0.02306	−0.087%	$2.3M	$2.7M	50x
Extended GWEI-USD	+0.0376%	1h	0.02304	−0.159%	$5K	$125K	5x	as long as short
MEXC GWEI_USDT	+0.0376%	4h	0.02305	−0.130%	$107K	$86K	20x	as long as short
BloFin GWEI-USDT	+0.0384%	4h	0.02301	−0.303%	$173K	$31K	50x	as long as short
Bitget GWEIUSDT	+0.0398%	4h	0.02300	−0.347%	$1.9M	$229K	20x	as long as short
Bybit GWEIUSDT	+0.0566%	4h	0.02308	0.000%	$386K	$136K	25x	as long as short
BingX GWEI-USDTlong	+0.0568%	4h	0.02308	long leg	—	$1.6M	—
Gate GWEI_USDT	+0.1076%	4h	0.02304	−0.182%	$386K	$418K	10x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GWEIUSDT	+0.1416%	4h	0.02306	−0.087%	$19K	$18K	10x	as long as short