Funding you earn now, next payment 00:00 UTC−0.0170%/8h= −18.6% APRnext payment −$0.85 per $10,000 · paid last 24h −0.043%
Price spread now: Bitget against BingX+0.263%7-day average −0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1401.405% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 7 days−0.396%−$40 · spread now +0.263%, 7d avg −0.097%
=The price spread pays, funding is against you. Bitget is 0.360% dearer against BingX than usual: you sell high and buy low (spread +0.263% now, against its 7-day average of −0.097%): +$36 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 7.1 days. At the pace of the last 7 days (−0.076% in total) that is about 33 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GWEI-USDT | 0.02280 | 0.0630 | pay 0.0315% / 4h | 2h 25m | — | $1.6M | — |
| Short | Bitget GWEIUSDT | 0.02286 | 0.0460 | get 0.0230% / 4h | 2h 25m | $1.9M | $200K | 20x |
BingX GWEI-USDT
Bitget GWEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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
- −$35.7
- Price spread: +0.263% → −0.097%
- $36.01
- Slippage, 4 orders
- −$118.49
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$140.18
- Costs to cover
- 1.405%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 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 BingX live order book, 11 min ago | 6.59 bp | 29.6 bp −$30 | 107.4 bp −$1,074 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 4.38 bp | 46.6 bp −$47 | 230.6 bp −$2,306 | 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 | 0.02285 | +0.219% | $371K | $114K | 25x | as long as short |
| KuCoin GWEIUSDTM | +0.0100% | 4h | 0.02269 | −0.465% | $451K | $16K | 20x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02280 | +0.017% | $4K | $55 | — | as long as short |
| Bitget GWEIUSDTshort | +0.0460% | 4h | 0.02286 | +0.263% | $1.9M | $200K | 20x | |
| Gate GWEI_USDT | +0.0476% | 4h | 0.02278 | −0.110% | $374K | $386K | 10x | as long as short |
| BingX GWEI-USDTlong | +0.0630% | 4h | 0.02280 | long leg | — | $1.6M | — | |
| Extended GWEI-USD | +0.0648% | 1h | 0.02287 | +0.326% | $3K | $142K | 5x | as long as short |
| MEXC GWEI_USDT | +0.0648% | 4h | 0.02287 | +0.307% | $101K | $86K | 20x | as long as short |
| Binance GWEIUSDT | +0.0650% | 4h | 0.02287 | +0.329% | $2.3M | $2.5M | 50x | as long as short |
| BloFin GWEI-USDT | +0.0684% | 4h | 0.02280 | 0.000% | $170K | $28K | 50x | as long as short |
Bybit GWEIUSDT
KuCoin GWEIUSDTM
Variational Omni GWEI
Gate GWEI_USDT
Extended GWEI-USD
MEXC GWEI_USDT
Binance GWEIUSDT
BloFin GWEI-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1635% | 4h | 0.02280 | 0.000% | $19K | $8K | 10x | as long as short |
Aster GWEIUSDT