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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GWEIUSDT | 0.02310 | 0.0101 | pay 0.0051% / 4h | 2h 31m | $385K | $266K | 25x |
| Short | Extended GWEI-USD | 0.02308 | 0.0200 | get 0.0025% / 1h | 31m 31s | $4K | $238K | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 8 min ago | 2.17 bp | 314.6 bp −$315 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 15 min ago | 8.88 bp | 111.9 bp −$112 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GWEI_USDT | +0.0100% | 4h | 0.02307 | −0.134% | $391K | $556K | 10x | as long as short |
| KuCoin GWEIUSDTM | +0.0100% | 4h | 0.02311 | +0.056% | $454K | $35K | 20x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02319 | +0.396% | $5K | $1K | — | as long as short |
| Bybit GWEIUSDTlong | +0.0101% | 4h | 0.02310 | long leg | $385K | $266K | 25x | |
| BloFin GWEI-USDT | +0.0165% | 4h | 0.02312 | +0.087% | $173K | $40K | 50x | as long as short |
| Binance GWEIUSDT | +0.0193% | 4h | 0.02309 | −0.043% | $2.5M | $5.2M | 50x | as long as short |
| Extended GWEI-USDshort | +0.0200% | 1h | 0.02308 | −0.069% | $4K | $238K | 5x | |
| MEXC GWEI_USDT | +0.0202% | 4h | 0.02310 | 0.000% | $131K | $92K | 20x | as long as short |
| Bitget GWEIUSDT | +0.0208% | 4h | 0.02309 | −0.043% | $1.9M | $446K | 20x | as long as short |
| BingX GWEI-USDT | +0.0227% | 4h | 0.02308 | −0.087% | — | $1.6M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.0792% | 4h | 0.02313 | +0.114% | $20K | $31K | 10x | as long as short |
Bybit GWEIUSDT
Extended GWEI-USD
Gate GWEI_USDT
KuCoin GWEIUSDTM
Variational Omni GWEI
BloFin GWEI-USDT
Binance GWEIUSDT
MEXC GWEI_USDT
Bitget GWEIUSDT
BingX GWEI-USDT
Aster GWEIUSDT