Funding you earn now, next payment 04:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.05 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against MEXC−0.018%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1181.177% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.213%−$21 · spread now −0.018%, 7d avg +0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.028% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GWEI_USDT | 0.02304 | 0.0250 | pay 0.0125% / 4h | 1h 07m | $107K | $87K | 20x |
| Short | Binance GWEIUSDT | 0.02304 | 0.0241 | get 0.0120% / 4h | 1h 07m | $2.3M | $2.7M | 50x |
MEXC GWEI_USDT
Binance GWEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- −$1.89
- Price spread: −0.018% → +0.011%
- −$2.83
- Slippage, 4 orders
- −$103.69
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$122.42
- Costs to cover
- 1.177%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 27 min ago; Binance: live order book, 13 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 MEXC live order book, 27 min ago | 2.17 bp | 23.7 bp −$24 | 98.5 bp −$985 | 426.5 bp −$42.6K | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.17 bp | 39.3 bp −$39 | 161.8 bp −$1,618 | 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 | 0.02305 | +0.061% | $453K | $23K | 20x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02312 | +0.328% | $4K | $55 | — | as long as short |
| Bybit GWEIUSDT | +0.0221% | 4h | 0.02306 | +0.087% | $385K | $137K | 25x | as long as short |
| Bitget GWEIUSDT | +0.0236% | 4h | 0.02301 | −0.130% | $1.9M | $229K | 20x | as long as short |
| Binance GWEIUSDTshort | +0.0241% | 4h | 0.02304 | −0.018% | $2.3M | $2.7M | 50x | |
| Extended GWEI-USD | +0.0248% | 1h | 0.02304 | −0.020% | $6K | $128K | 5x | as long as short |
| MEXC GWEI_USDTlong | +0.0250% | 4h | 0.02304 | long leg | $107K | $87K | 20x | |
| BingX GWEI-USDT | +0.0276% | 4h | 0.02304 | 0.000% | — | $1.6M | — | as long as short |
| BloFin GWEI-USDT | +0.0306% | 4h | 0.02307 | +0.130% | $172K | $31K | 50x | as long as short |
| Gate GWEI_USDT | +0.1046% | 4h | 0.02304 | +0.017% | $388K | $427K | 10x | as long as short |
KuCoin GWEIUSDTM
Variational Omni GWEI
Bybit GWEIUSDT
Bitget GWEIUSDT
Extended GWEI-USD
BingX GWEI-USDT
BloFin GWEI-USDT
Gate GWEI_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1419% | 4h | 0.02305 | +0.062% | $19K | $18K | 10x | as long as short |
Aster GWEIUSDT