Funding you earn now, next payment 04:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.22 per $10,000 · paid last 24h +0.085%
Price spread now: BingX against Bybit−0.086%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$607as in the Funding arb table
Net, price: spread back to 7d avg − costs−$623as in the Price arb table
costs, in and out, $10k−$6216.214% of the position
Funding, last 7 days+0.141%+$14 on $10k
+Price spread, last 4 days (all we have)+0.101%+$10 · spread now −0.086%, 7d avg −0.069%
=The price spread sits at its 7-day average of −0.069%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.141%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GWEIUSDT | 0.02332 | 0.0898 | pay 0.0449% / 4h | 2h 00m | $387K | $124K | 25x |
| Short | BingX GWEI-USDT | 0.02330 | 0.0854 | get 0.0427% / 4h | 2h 00m | — | $1.6M | — |
Bybit GWEIUSDT
BingX GWEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- −$9.2
- Price spread: −0.086% → −0.069%
- −$1.68
- Slippage, 4 orders
- −$600.38
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$632.25
- Costs to cover
- 6.214%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 59 min ago; BingX: live order book, 2 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 Bybit live order book, 59 min ago | 2.15 bp | 372.9 bp −$373 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 6.42 bp | 27.3 bp −$27 | 95.9 bp −$959 | 607.2 bp −$60.7K | 1039.2 bp −$519.6K |
GWEI on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GWEIUSDTM | +0.0100% | 4h | 0.02325 | −0.304% | $455K | $22K | 20x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02335 | +0.111% | $4K | $55 | — | as long as short |
| MEXC GWEI_USDT | +0.0540% | 4h | 0.02330 | −0.086% | $108K | $88K | 20x | as long as short |
| Extended GWEI-USD | +0.0544% | 1h | 0.02329 | −0.112% | $4K | $121K | 5x | as long as short |
| Binance GWEIUSDT | +0.0546% | 4h | 0.02331 | −0.049% | $2.4M | $2.6M | 50x | as long as short |
| Bitget GWEIUSDT | +0.0642% | 4h | 0.02327 | −0.214% | $1.9M | $218K | 20x | as long as short |
| BingX GWEI-USDTshort | +0.0854% | 4h | 0.02330 | −0.086% | — | $1.6M | — | |
| Bybit GWEIUSDTlong | +0.0898% | 4h | 0.02332 | long leg | $387K | $124K | 25x | |
| Gate GWEI_USDT | +0.0972% | 4h | 0.02330 | −0.090% | $391K | $423K | 10x | as long as short |
| Aster GWEIUSDT | +0.1502% | 4h | 0.02329 | −0.116% | $18K | $17K | 10x | as long as short |
KuCoin GWEIUSDTM
Variational Omni GWEI
MEXC GWEI_USDT
Extended GWEI-USD
Binance GWEIUSDT
Bitget GWEIUSDT
Gate GWEI_USDT
Aster GWEIUSDT