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

GWEI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.013%
Price spread now: Extended against MEXC−0.069%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1891.889% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.069%, 7d avg −0.021%
Together, before fees−0.026%+ Points / potential airdropExtended: Active · farm board−$3 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: Extended is 0.048% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC GWEI_USDT0.024310.0528pay 0.0264% / 4h15m 32s$120K$88K20x
ShortExtended GWEI-USD0.024290.0528get 0.0066% / 1h15m 32s$4K$130K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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
Price spread: −0.069% → −0.021%
−$4.84
Slippage, 4 orders
−$179.88
Fee MEXC: 2 bp × 2 orders
−$4
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$193.72
Costs to cover
1.889%
Break-even
never at this rate
Slippage from MEXC: live order book, 14 min ago; Extended: live order book, 40 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 MEXC live order book, 14 min ago2.07 bp17.6 bp −$18120.9 bp −$1,209492.3 bp −$49.2Kdoesn't fit
Sell Extended live order book, 40 min ago12.24 bp113.5 bp −$114doesn'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
Variational Omni GWEI+0.0100%4h0.02429−0.079%$5K$1Kas long as short
Bybit GWEIUSDT+0.0101%4h0.02430−0.041%$407K$203K25xas long as short
KuCoin GWEIUSDTM+0.0278%4h0.02426−0.214%$476K$27K20xas long as short
Bitget GWEIUSDT+0.0312%4h0.02427−0.165%$2.0M$376K20xas long as short
BingX GWEI-USDT+0.0510%4h0.02429−0.082%$1.6Mas long as short
BloFin GWEI-USDT+0.0511%4h0.02428−0.123%$190K$37K50xas long as short
Extended GWEI-USDshort+0.0528%1h0.02429−0.069%$4K$130K5x
MEXC GWEI_USDTlong+0.0528%4h0.02431long leg$120K$88K20x
Binance GWEIUSDT+0.0530%4h0.02430−0.041%$2.8M$3.9M50xas long as short
Gate GWEI_USDT+0.1388%4h0.02426−0.210%$414K$478K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GWEIUSDT+0.1689%4h0.02429−0.098%$19K$26K10xas long as short