Funding you earn now, next payment 04:00 UTC+0.0130%/8h= +14.2% APRnext payment +$0.65 per $10,000 · paid last 24h −0.026%
Price spread now: Bitget against MEXC−0.129%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1121.124% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.129%, 7d avg −0.066%
=Funding pays, the price is against you. Bitget is 0.063% cheaper against MEXC than usual: you would sell low and buy high (spread −0.129% now, against its 7-day average of −0.066%). If the spread goes back, that is −$6 on $10k: about 39 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GWEI_USDT | 0.02317 | 0.0590 | pay 0.0295% / 4h | 3h 35m | $106K | $86K | 20x |
| Short | Bitget GWEIUSDT | 0.02314 | 0.0720 | get 0.0360% / 4h | 3h 35m | $1.9M | $219K | 20x |
MEXC GWEI_USDT
Bitget GWEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $27.3
- Price spread: −0.129% → −0.066%
- −$6.3
- Slippage, 4 orders
- −$96.41
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$91.41
- Costs to cover
- 1.124%
- Break-even
- 30.4 days
Slippage from MEXC: live order book, 9 min ago; Bitget: 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 MEXC live order book, 9 min ago | 2.15 bp | 21.4 bp −$21 | 109.5 bp −$1,095 | 478.7 bp −$47.9K | doesn't fit |
| Sell Bitget live order book, 1 min ago | 4.32 bp | 34.4 bp −$34 | 171.3 bp −$1,713 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GWEIUSDT | +0.0100% | 4h | 0.02319 | +0.086% | $381K | $126K | 25x | as long as short |
| Gate GWEI_USDT | +0.0100% | 4h | 0.02313 | −0.177% | $388K | $402K | 10x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02318 | +0.049% | $4K | $55 | — | as long as short |
| KuCoin GWEIUSDTM | +0.0342% | 4h | 0.02316 | −0.056% | $465K | $20K | 20x | as long as short |
| BloFin GWEI-USDT | +0.0566% | 4h | 0.02319 | +0.086% | $173K | $30K | 50x | as long as short |
| Binance GWEIUSDT | +0.0588% | 4h | 0.02318 | +0.037% | $2.4M | $2.7M | 50x | as long as short |
| MEXC GWEI_USDTlong | +0.0590% | 4h | 0.02317 | long leg | $106K | $86K | 20x | |
| Extended GWEI-USD | +0.0592% | 1h | 0.02317 | +0.019% | $7K | $145K | 5x | as long as short |
| Bitget GWEIUSDTshort | +0.0720% | 4h | 0.02314 | −0.129% | $1.9M | $219K | 20x | |
| BingX GWEI-USDT | +0.0724% | 4h | 0.02316 | −0.043% | — | $1.6M | — | as long as short |
Bybit GWEIUSDT
Gate GWEI_USDT
Variational Omni GWEI
KuCoin GWEIUSDTM
BloFin GWEI-USDT
Binance GWEIUSDT
Extended GWEI-USD
BingX GWEI-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1565% | 4h | 0.02317 | −0.006% | $18K | $17K | 10x | as long as short |
Aster GWEIUSDT