Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.003%
Price spread now: MEXC against BloFin+0.425%79s7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as 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−$810.811% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.652%−$65 · spread now +0.425%, 7d avg −0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.447% dearer against BloFin than usual: you sell high and buy low, +$45 on $10k if it goes back to its 7-day average of −0.022%. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GWEI-USDT | 0.02353 | 0.0101 | pay 0.0051% / 4h | 1h 23m | $164K | $41K | 50x |
| Short | MEXC GWEI_USDT | 0.02363 | 0.0100 | get 0.0050% / 4h | 1h 23m | $131K | $93K | 20x |
BloFin GWEI-USDT
MEXC GWEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- −$0.28
- Price spread: +0.425% → −0.022%
- $44.65
- Slippage, 4 orders
- −$65.09
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$36.72
- Costs to cover
- 0.811%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 51 min ago; MEXC: live order book, 56 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, 51 min ago | 2.14 bp | 13.7 bp −$14 | 106.0 bp −$1,060 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 56 min ago | 2.15 bp | 18.4 bp −$18 | 108.3 bp −$1,083 | 365.3 bp −$36.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GWEIUSDT | +0.0100% | 4h | 0.02360 | +0.297% | $2.5M | $5.3M | 50x | as long as short |
| Gate GWEI_USDT | +0.0100% | 4h | 0.02355 | +0.068% | $399K | $584K | 10x | as long as short |
| MEXC GWEI_USDTshort | +0.0100% | 4h | 0.02363 | +0.425% | $131K | $93K | 20x | |
| KuCoin GWEIUSDTM | +0.0100% | 4h | 0.02349 | −0.153% | $463K | $36K | 20x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02359 | +0.259% | $5K | $1K | — | as long as short |
| Bybit GWEIUSDT | +0.0101% | 4h | 0.02362 | +0.382% | $393K | $275K | 25x | as long as short |
| BloFin GWEI-USDTlong | +0.0101% | 4h | 0.02353 | long leg | $164K | $41K | 50x | |
| Extended GWEI-USD | +0.0104% | 1h | 0.02363 | +0.423% | $5K | $212K | 5x | as long as short |
| BingX GWEI-USDT | +0.0448% | 4h | 0.02362 | +0.382% | — | $1.6M | — | as long as short |
| Bitget GWEIUSDT | +0.0550% | 4h | 0.02361 | +0.340% | $1.9M | $478K | 20x | as long as short |
Binance GWEIUSDT
Gate GWEI_USDT
KuCoin GWEIUSDTM
Variational Omni GWEI
Bybit GWEIUSDT
Extended GWEI-USD
BingX GWEI-USDT
Bitget GWEIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.0766% | 4h | 0.02352 | −0.042% | $19K | $32K | 10x | as long as short |
Aster GWEIUSDT