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

GWEI

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0099%/8h= +10.8% APRpaid last 24h +0.070%
Price spread now: Extended against Bybit−0.069%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$712as in the Funding arb table
Net, price: spread back to 7d avg − costs−$724as in the Price arb table
costs, in and out, $10k−$7277.265% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.143%+$14 on $10k
Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.069%, 7d avg −0.092%
Together, before fees+0.074%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.023% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.092%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit GWEIUSDT0.023100.0101pay 0.0051% / 4h2h 31m$385K$266K25x
ShortExtended GWEI-USD0.023080.0200get 0.0025% / 1h31m 31s$4K$238K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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
$20.78
Price spread: −0.069% → −0.092%
$2.32
Slippage, 4 orders
−$710.54
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$703.44
Costs to cover
7.265%
Break-even
243.9 days
Slippage from Bybit: live order book, 8 min ago; Extended: live order book, 15 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 Bybit live order book, 8 min ago2.17 bp314.6 bp −$315doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 15 min ago8.88 bp111.9 bp −$112doesn't fitdoesn't fitdoesn't fit

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
Gate GWEI_USDT+0.0100%4h0.02307−0.134%$391K$556K10xas long as short
KuCoin GWEIUSDTM+0.0100%4h0.02311+0.056%$454K$35K20xas long as short
Variational Omni GWEI+0.0100%4h0.02319+0.396%$5K$1Kas long as short
Bybit GWEIUSDTlong+0.0101%4h0.02310long leg$385K$266K25x
BloFin GWEI-USDT+0.0165%4h0.02312+0.087%$173K$40K50xas long as short
Binance GWEIUSDT+0.0193%4h0.02309−0.043%$2.5M$5.2M50xas long as short
Extended GWEI-USDshort+0.0200%1h0.02308−0.069%$4K$238K5x
MEXC GWEI_USDT+0.0202%4h0.023100.000%$131K$92K20xas long as short
Bitget GWEIUSDT+0.0208%4h0.02309−0.043%$1.9M$446K20xas long as short
BingX GWEI-USDT+0.0227%4h0.02308−0.087%$1.6Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GWEIUSDT+0.0792%4h0.02313+0.114%$20K$31K10xas long as short