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

GWEI

all GWEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0039%/8h= +4.3% APRpaid last 24h +0.014%
Price spread now: BloFin against Extended−2.179%74s7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$238as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2352.351% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 4 days (all we have)+2.757%+$276 · spread now −2.179%, 7d avg +0.053%
Together, before fees+2.724%+ Points / potential airdropExtended: Active · farm board+$272 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 2.232% cheaper against Extended than usual: you would sell low and buy high (spread −2.179% now, against its 7-day average of +0.053%). If the spread goes back, that is −$223 on $10k: about 6 months of funding at the current rate (+$1 a day). The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GWEI-USD0.023580.0240pay 0.0030% / 1h5m 55s$6K$128K5x
ShortBloFin GWEI-USDT0.023070.0279get 0.0140% / 4h1h 05m$172K$31K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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
$8.27
Price spread: −2.179% → +0.053%
−$223.22
Slippage, 4 orders
−$218.1
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$450.06
Costs to cover
2.351%
Break-even
387.8 days
Slippage from Extended: live order book, 55 min ago; BloFin: live order book, 31 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 Extended live order book, 55 min ago9.24 bp62.6 bp −$63482.4 bp −$4,824doesn't fitdoesn't fit
Sell BloFin live order book, 31 min ago4.34 bp32.0 bp −$32116.1 bp −$1,161doesn'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
KuCoin GWEIUSDTM+0.0100%4h0.02355−0.123%$464K$23K20xas long as short
Variational Omni GWEI+0.0100%4h0.02376+0.748%$4K$55as long as short
Bybit GWEIUSDT+0.0207%4h0.02354−0.186%$396K$168K25xas long as short
Bitget GWEIUSDT+0.0228%4h0.02350−0.356%$1.9M$265K20xas long as short
Extended GWEI-USDlong+0.0240%1h0.02358long leg$6K$128K5x
MEXC GWEI_USDT+0.0240%4h0.02357−0.059%$109K$87K20xas long as short
Binance GWEIUSDT+0.0241%4h0.02350−0.356%$2.4M$3.0M50xas long as short
BingX GWEI-USDT+0.0276%4h0.02355−0.144%$1.6Mas long as short
BloFin GWEI-USDTshort+0.0279%4h0.02307−2.179%$172K$31K50x
Gate GWEI_USDT+0.1028%4h0.02351−0.305%$397K$434K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GWEIUSDT+0.1410%4h0.02351−0.310%$19K$21K10xas long as short