GWEI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.1104%/8h= −120.9% APRnext payment −$5.52 per $10,000 · paid last 24h −0.046%

Price spread now: KuCoin against Gate0.000%7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,322as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,316as in the Price arb table

costs, in and out, $10k−$1,31913.192% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.026%−$3 on $10k

Price spread, last 4 days (all we have)+0.069%+$7 · spread now 0.000%, 7d avg −0.027%

Together, before fees+0.044%+$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.027% dearer against Gate than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.027%): +$3 on $10k if it goes back. Holding the pair costs −$33 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.026% in total) that is about 7.3 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.026% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.52 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate GWEI_USDT	0.02426	0.1382	pay 0.0691% / 4h	15m 59s	$414K	$476K	10x
Short	KuCoin GWEIUSDTM	0.02426	0.0278	get 0.0139% / 4h	15m 59s	$476K	$27K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$231.84
Price spread: 0.000% → −0.027%: $2.67
Slippage, 4 orders: −$1,292.16
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,548.33
Costs to cover: 13.192%
Break-even: never at this rate

Slippage from Gate: live order book, 40 min ago; KuCoin: live order book, 67 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, 40 min ago	5.88 bp	65.7 bp −$66	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 67 min ago	23.21 bp	373.6 bp −$374	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
Variational Omni GWEI	+0.0100%	4h	0.02429	+0.135%	$5K	$1K	—	as long as short
Bybit GWEIUSDT	+0.0101%	4h	0.02430	+0.173%	$408K	$203K	25x	as long as short
KuCoin GWEIUSDTMshort	+0.0278%	4h	0.02426	0.000%	$476K	$27K	20x
Bitget GWEIUSDT	+0.0306%	4h	0.02430	+0.173%	$2.0M	$376K	20x	as long as short
BingX GWEI-USDT	+0.0510%	4h	0.02434	+0.338%	—	$1.6M	—	as long as short
BloFin GWEI-USDT	+0.0511%	4h	0.02428	+0.091%	$190K	$37K	50x	as long as short
Extended GWEI-USD	+0.0528%	1h	0.02429	+0.120%	$4K	$130K	5x	as long as short
Binance GWEIUSDT	+0.0530%	4h	0.02432	+0.272%	$2.8M	$3.9M	50x	as long as short
MEXC GWEI_USDT	+0.0532%	4h	0.02429	+0.132%	$119K	$88K	20x	as long as short
Gate GWEI_USDTlong	+0.1382%	4h	0.02426	long leg	$414K	$476K	10x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GWEIUSDT	+0.1692%	4h	0.02425	−0.018%	$19K	$26K	10x	as long as short