GWEI

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0295%/8h= +32.3% APRnext payment +$1.47 per $10,000 · paid last 24h +0.038%

Price spread now: BingX against BloFin−0.084%111s7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1171.173% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.059%+$6 on $10k

Price spread, last 4 days (all we have)−0.256%−$26 · spread now −0.084%, 7d avg −0.020%

Together, before fees−0.196%−$20 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.064% cheaper against BloFin than usual: you would sell low and buy high (spread −0.084% now, against its 7-day average of −0.020%). If the spread goes back, that is −$6 on $10k: about 17 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.059% in total) that is about 7.6 days. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.059% in total (about 3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.47 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	BloFin GWEI-USDT	0.02373	0.0046	pay 0.0023% / 4h	1h 51m	$171K	$46K	50x
Short	BingX GWEI-USDT	0.02371	0.0341	get 0.0171% / 4h	1h 51m	—	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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 BloFinbpFee BingXbpOrdersPrice spread, now −0.084%Rate

Funding earned: $61.94
Price spread: −0.084% → −0.020%: −$6.44
Slippage, 4 orders: −$95.29
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$61.79
Costs to cover: 1.173%
Break-even: 14.0 days

Slippage from BloFin: live order book, 53 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 53 min ago	6.32 bp	23.3 bp −$23	137.1 bp −$1,371	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	6.32 bp	28.9 bp −$29	100.2 bp −$1,002	693.3 bp −$69.3K	1094.3 bp −$547.1K

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-USDTlong	+0.0046%	4h	0.02373	long leg	$171K	$46K	50x
Binance GWEIUSDT	+0.0100%	4h	0.02374	+0.052%	$2.6M	$5.2M	50x	as long as short
Bybit GWEIUSDT	+0.0100%	4h	0.02374	+0.042%	$401K	$284K	25x	as long as short
Gate GWEI_USDT	+0.0100%	4h	0.02368	−0.232%	$408K	$590K	10x	as long as short
MEXC GWEI_USDT	+0.0100%	4h	0.02373	0.000%	$129K	$92K	20x	as long as short
KuCoin GWEIUSDTM	+0.0100%	4h	0.02372	−0.059%	$466K	$35K	20x	as long as short
Variational Omni GWEI	+0.0100%	4h	0.02374	+0.038%	$5K	$1K	—	as long as short
Extended GWEI-USD	+0.0104%	1h	0.02373	+0.017%	$5K	$220K	5x	as long as short
Bitget GWEIUSDT	+0.0280%	4h	0.02370	−0.126%	$2.0M	$496K	20x	as long as short
BingX GWEI-USDTshort	+0.0341%	4h	0.02371	−0.084%	—	$1.6M	—

Show all 11 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GWEIUSDT	+0.0835%	4h	0.02372	−0.042%	$19K	$28K	10x	as long as short