GWEI

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0206%/8h= −22.6% APRnext payment −$1.03 per $10,000 · paid last 24h −0.029%

Price spread now: MEXC against Bitget+0.168%7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$1031.034% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.025%+$3 on $10k

Price spread, last 4 days (all we have)−0.141%−$14 · spread now +0.168%, 7d avg +0.069%

Together, before fees−0.115%−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.100% dearer against Bitget than usual: you sell high and buy low (spread +0.168% now, against its 7-day average of +0.069%): +$10 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 39 hours.

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 −$1.03 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GWEIUSDT	0.02376	0.0306	pay 0.0153% / 4h	3h 24m	$2.0M	$511K	20x
Short	MEXC GWEI_USDT	0.02380	0.0100	get 0.0050% / 4h	3h 24m	$130K	$93K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BitgetbpFee MEXCbpOrdersPrice spread, now +0.168%Rate

Funding earned: −$43.26
Price spread: +0.168% → +0.069%: $9.95
Slippage, 4 orders: −$87.38
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$136.69
Costs to cover: 1.034%
Break-even: never at this rate

Slippage from Bitget: live order book, 6 min ago; MEXC: live order book, 57 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 Bitget live order book, 6 min ago	4.22 bp	33.5 bp −$33	314.0 bp −$3,140	doesn't fit	doesn't fit
Sell MEXC live order book, 57 min ago	2.11 bp	20.0 bp −$20	107.4 bp −$1,074	402.2 bp −$40.2K	doesn't fit

GWEI on 11 exchanges

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
BloFin GWEI-USDT	+0.0096%	4h	0.02381	+0.210%	$124K	$48K	50x	as long as short
Binance GWEIUSDT	+0.0100%	4h	0.02381	+0.201%	$2.6M	$5.2M	50x	as long as short
Bybit GWEIUSDT	+0.0100%	4h	0.02379	+0.126%	$401K	$292K	25x	as long as short
Gate GWEI_USDT	+0.0100%	4h	0.02377	+0.059%	$412K	$599K	10x	as long as short
MEXC GWEI_USDTshort	+0.0100%	4h	0.02380	+0.168%	$130K	$93K	20x
KuCoin GWEIUSDTM	+0.0100%	4h	0.02381	+0.194%	$468K	$31K	20x	as long as short
Variational Omni GWEI	+0.0100%	4h	0.02383	+0.315%	$4K	$2K	—	as long as short
Extended GWEI-USD	+0.0104%	1h	0.02380	+0.180%	$6K	$224K	5x	as long as short
BingX GWEI-USDT	+0.0284%	4h	0.02379	+0.126%	—	$1.6M	—	as long as short
Bitget GWEIUSDTlong	+0.0306%	4h	0.02376	long leg	$2.0M	$511K	20x

Show all 11 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GWEIUSDT	+0.0445%	4h	0.02378	+0.084%	$21K	$30K	10x	as long as short