Funding you earn now, next payment 00:00 UTC−0.0082%/8h= −9.0% APRnext payment −$0.41 per $10,000 · paid last 24h +0.014%
Price spread now: Binance against Gate+0.222%7-day average +0.128% · you sell dearer than you buy
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$212as in the Price arb table
costs, in and out, $10k−$2222.216% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)−0.161%−$16 · spread now +0.222%, 7d avg +0.128%
=The price spread pays, funding is against you. Binance is 0.094% dearer against Gate than usual: you sell high and buy low (spread +0.222% now, against its 7-day average of +0.128%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GWEI_USDT | 0.02302 | 0.0556 | pay 0.0278% / 4h | 49m 00s | $380K | $392K | 10x |
| Short | Binance GWEIUSDT | 0.02307 | 0.0474 | get 0.0237% / 4h | 49m 00s | $2.4M | $2.6M | 50x |
Gate GWEI_USDT
Binance GWEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$17.22
- Price spread: +0.222% → +0.128%
- $9.35
- Slippage, 4 orders
- −$196.62
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$229.48
- Costs to cover
- 2.216%
- Break-even
- never at this rate
Slippage from Gate: live order book, 26 min ago; Binance: live order book, 1 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 Gate live order book, 26 min ago | 11.84 bp | 83.2 bp −$83 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 2.17 bp | 26.1 bp −$26 | 142.5 bp −$1,425 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GWEIUSDTM | +0.0100% | 4h | 0.02301 | −0.052% | $454K | $17K | 20x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02309 | +0.318% | $4K | $55 | — | as long as short |
| MEXC GWEI_USDT | +0.0456% | 4h | 0.02308 | +0.265% | $104K | $85K | 20x | as long as short |
| Extended GWEI-USD | +0.0472% | 1h | 0.02307 | +0.238% | $4K | $142K | 5x | as long as short |
| Binance GWEIUSDTshort | +0.0474% | 4h | 0.02307 | +0.222% | $2.4M | $2.6M | 50x | |
| Bybit GWEIUSDT | +0.0490% | 4h | 0.02311 | +0.395% | $373K | $117K | 25x | as long as short |
| BloFin GWEI-USDT | +0.0498% | 4h | 0.02306 | +0.178% | $171K | $29K | 50x | as long as short |
| Gate GWEI_USDTlong | +0.0556% | 4h | 0.02302 | long leg | $380K | $392K | 10x | |
| BingX GWEI-USDT | +0.0794% | 4h | 0.02309 | +0.308% | — | $1.6M | — | as long as short |
| Bitget GWEIUSDT | +0.0854% | 4h | 0.02305 | +0.135% | $1.9M | $214K | 20x | as long as short |
KuCoin GWEIUSDTM
Variational Omni GWEI
MEXC GWEI_USDT
Extended GWEI-USD
Bybit GWEIUSDT
BloFin GWEI-USDT
BingX GWEI-USDT
Bitget GWEIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1503% | 4h | 0.02300 | −0.071% | $16K | $15K | 10x | as long as short |
Aster GWEIUSDT