Funding you earn now, next payment 04:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.31 per $10,000 · paid last 24h +0.010%
Price spread now: BingX against MEXC0.000%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$960.959% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)+0.091%+$9 · spread now 0.000%, 7d avg +0.006%
=The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GWEI_USDT | 0.02323 | 0.0580 | pay 0.0290% / 4h | 3h 27m | $106K | $87K | 20x |
| Short | BingX GWEI-USDT | 0.02323 | 0.0642 | get 0.0321% / 4h | 3h 27m | — | $1.6M | — |
MEXC GWEI_USDT
BingX GWEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $13.02
- Price spread: 0.000% → +0.006%
- −$0.55
- Slippage, 4 orders
- −$81.95
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$83.48
- Costs to cover
- 0.959%
- Break-even
- 51.9 days
Slippage from MEXC: live order book, 17 min ago; BingX: live order book, 4 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, 17 min ago | 2.15 bp | 21.4 bp −$21 | 109.5 bp −$1,095 | 478.7 bp −$47.9K | doesn't fit |
| Sell BingX live order book, 4 min ago | 6.47 bp | 23.3 bp −$23 | 87.1 bp −$871 | 599.3 bp −$59.9K | 1030.5 bp −$515.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GWEIUSDT | +0.0100% | 4h | 0.02325 | +0.086% | $382K | $126K | 25x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02320 | −0.123% | $4K | $55 | — | as long as short |
| Gate GWEI_USDT | +0.0274% | 4h | 0.02318 | −0.215% | $388K | $404K | 10x | as long as short |
| KuCoin GWEIUSDTM | +0.0302% | 4h | 0.02319 | −0.172% | $466K | $20K | 20x | as long as short |
| BloFin GWEI-USDT | +0.0574% | 4h | 0.02320 | −0.129% | $174K | $30K | 50x | as long as short |
| MEXC GWEI_USDTlong | +0.0580% | 4h | 0.02323 | long leg | $106K | $87K | 20x | |
| Binance GWEIUSDT | +0.0583% | 4h | 0.02324 | +0.046% | $2.4M | $2.7M | 50x | as long as short |
| Extended GWEI-USD | +0.0584% | 1h | 0.02322 | −0.023% | $7K | $145K | 5x | as long as short |
| BingX GWEI-USDTshort | +0.0642% | 4h | 0.02323 | 0.000% | — | $1.6M | — | |
| Bitget GWEIUSDT | +0.0680% | 4h | 0.02313 | −0.430% | $1.9M | $219K | 20x | as long as short |
Bybit GWEIUSDT
Variational Omni GWEI
Gate GWEI_USDT
KuCoin GWEIUSDTM
BloFin GWEI-USDT
Binance GWEIUSDT
Extended GWEI-USD
Bitget GWEIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1552% | 4h | 0.02321 | −0.089% | $18K | $17K | 10x | as long as short |
Aster GWEIUSDT