Settings8H · net · $10k
Funding arb · Price arb /

GWEI

all GWEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0133%/8h= −14.6% APRnext payment $0.67 per $10,000 · paid last 24h +0.043%
Price spread now: BingX against Bitget+0.130%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1281.281% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.076%+$8 on $10k
Price spread, last 7 days−0.052%−$5 · spread now +0.130%, 7d avg +0.096%
Together, before fees+0.024%+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.034% dearer against Bitget than usual: you sell high and buy low (spread +0.130% now, against its 7-day average of +0.096%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 20 hours. Mind the row above: over the last 7 days funding on this pair paid +0.076%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GWEIUSDT0.023140.0846pay 0.0423% / 4h3h 57m$1.9M$219K20x
ShortBingX GWEI-USDT0.023170.0713get 0.0356% / 4h3h 57m$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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

Funding earned
−$27.97
Price spread: +0.130% → +0.096%
$3.39
Slippage, 4 orders
−$106.08
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$152.66
Costs to cover
1.281%
Break-even
never at this rate
Slippage from Bitget: live order book, 9 min ago; BingX: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 9 min ago2.17 bp40.9 bp −$41290.3 bp −$2,903doesn't fitdoesn't fit
Sell BingX live order book, 9 min ago6.49 bp26.6 bp −$2791.2 bp −$912597.5 bp −$59.7K1019.7 bp −$509.8K

GWEI on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit GWEIUSDT+0.0100%4h0.02318+0.173%$383K$123K25xas long as short
Variational Omni GWEI+0.0100%4h0.02320+0.267%$4K$55as long as short
KuCoin GWEIUSDTM+0.0416%4h0.02312−0.099%$465K$20K20xas long as short
MEXC GWEI_USDT+0.0588%4h0.02317+0.130%$106K$85K20xas long as short
Extended GWEI-USD+0.0592%1h0.02317+0.145%$4K$142K5xas long as short
Binance GWEIUSDT+0.0593%4h0.02317+0.130%$2.4M$2.7M50xas long as short
BloFin GWEI-USDT+0.0632%4h0.02312−0.086%$172K$29K50xas long as short
BingX GWEI-USDTshort+0.0713%4h0.02317+0.130%$1.6M
Bitget GWEIUSDTlong+0.0846%4h0.02314long leg$1.9M$219K20x
Gate GWEI_USDT+0.0928%4h0.02313−0.030%$381K$389K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GWEIUSDT+0.1602%4h0.02308−0.257%$18K$17K10xas long as short