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

GWEI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0092%/8h= −10.1% APRpaid last 24h +0.037%
Price spread now: Gate against Extended−0.171%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$346as in the Funding arb table
Net, price: spread back to 7d avg − costs−$353as in the Price arb table
costs, in and out, $10k−$3463.457% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.145%+$15 · spread now −0.171%, 7d avg −0.095%
Together, before fees+0.144%+ Points / potential airdropExtended: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.076% cheaper against Extended than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.095%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GWEI-USD0.023350.0192pay 0.0024% / 1h14m 16s$4K$235K5x
ShortGate GWEI_USDT0.023310.0100get 0.0050% / 4h2h 14m$399K$567K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$19.32
Price spread: −0.171% → −0.095%
−$7.56
Slippage, 4 orders
−$325.73
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$372.61
Costs to cover
3.457%
Break-even
never at this rate
Slippage from Extended: live order book, 32 min ago; Gate: live order book, 32 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, 32 min ago8.88 bp65.8 bp −$66595.6 bp −$5,956doesn't fitdoesn't fit
Sell Gate live order book, 32 min ago7.15 bp113.7 bp −$114doesn'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_USDTshort+0.0100%4h0.02331−0.171%$399K$567K10x
KuCoin GWEIUSDTM+0.0100%4h0.02333−0.115%$459K$35K20xas long as short
Variational Omni GWEI+0.0100%4h0.02332−0.162%$5K$1Kas long as short
Bybit GWEIUSDT+0.0101%4h0.02334−0.060%$388K$267K25xas long as short
BloFin GWEI-USDT+0.0132%4h0.02332−0.145%$168K$40K50xas long as short
MEXC GWEI_USDT+0.0178%4h0.02335−0.017%$130K$93K20xas long as short
Binance GWEIUSDT+0.0188%4h0.02333−0.102%$2.5M$5.3M50xas long as short
Extended GWEI-USDlong+0.0192%1h0.02335long leg$4K$235K5x
BingX GWEI-USDT+0.0256%4h0.02337+0.069%$1.6Mas long as short
Bitget GWEIUSDT+0.0412%4h0.02337+0.069%$1.9M$459K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GWEIUSDT+0.0666%4h0.02335−0.038%$20K$32K10xas long as short