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

GWEI

all GWEI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.017%
Price spread now: Bybit against KuCoin+0.170%7-day average +0.211% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,741as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,739as in the Price arb table
costs, in and out, $10k−$1,73517.348% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.066%−$7 on $10k
Price spread, last 4 days (all we have)−0.075%−$7 · spread now +0.170%, 7d avg +0.211%
Together, before fees−0.140%−$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.040% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.211%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GWEIUSDTM0.023470.0100pay 0.0050% / 4h1h 47m$462K$36K20x
ShortBybit GWEIUSDT0.023510.0101get 0.0051% / 4h1h 47m$391K$273K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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
$0.22
Price spread: +0.170% → +0.211%
−$4.01
Slippage, 4 orders
−$1,711.78
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$1,738.57
Costs to cover
17.348%
Break-even
55730.6 days
Slippage from KuCoin: live order book, 71 min ago; Bybit: live order book, 52 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 KuCoin live order book, 71 min ago31.63 bp813.5 bp −$814doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 52 min ago2.17 bp234.2 bp −$234doesn'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_USDT+0.0100%4h0.02343−0.183%$396K$575K10xas long as short
KuCoin GWEIUSDTMlong+0.0100%4h0.02347long leg$462K$36K20x
Variational Omni GWEI+0.0100%4h0.02347+0.005%$5K$1Kas long as short
Bybit GWEIUSDTshort+0.0101%4h0.02351+0.170%$391K$273K25x
Extended GWEI-USD+0.0168%1h0.02351+0.155%$4K$229K5xas long as short
MEXC GWEI_USDT+0.0168%4h0.02349+0.085%$130K$92K20xas long as short
Binance GWEIUSDT+0.0168%4h0.02350+0.128%$2.5M$5.3M50xas long as short
BloFin GWEI-USDT+0.0221%4h0.02345−0.085%$165K$41K50xas long as short
BingX GWEI-USDT+0.0506%4h0.02349+0.085%$1.6Mas long as short
Bitget GWEIUSDT+0.0524%4h0.02346−0.043%$1.9M$474K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GWEIUSDT+0.0782%4h0.02344−0.137%$19K$32K10xas long as short