Funding you earn now, next payment 08:00 UTC−0.0062%/8h= −6.8% APRnext payment −$0.31 per $10,000 · paid last 24h −0.042%
Price spread now: MEXC against Gate−0.129%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$845as in the Funding arb table
Net, price: spread back to 7d avg − costs−$834as in the Price arb table
costs, in and out, $10k−$8188.183% of the position
Funding, last 7 days−0.266%−$27 on $10k
+Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.129%, 7d avg +0.027%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.155% cheaper against Gate than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.027%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate 4_USDT | 0.02018 | 0.0512 | pay 0.0256% / 4h | 1h 43m | $538K | $312K | 20x |
| Short | MEXC 4_USDT | 0.02015 | 0.0450 | get 0.0225% / 4h | 1h 43m | $1.6M | $929K | 100x |
Gate 4_USDT
MEXC 4_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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: −0.129% → +0.027%
- −$15.55
- Slippage, 4 orders
- −$799.29
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$846.86
- Costs to cover
- 8.183%
- Break-even
- never at this rate
Slippage from Gate: live order book, 63 min ago; MEXC: live order book, 3 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 Gate live order book, 63 min ago | 5.73 bp | 417.0 bp −$417 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.49 bp | 14.3 bp −$14 | 107.1 bp −$1,071 | 261.3 bp −$26.1K | doesn't fit |
4 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 4 | +0.0100% | 4h | 0.02006 | −0.585% | $45K | $9K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02010 | −0.377% | $2K | $1.4M | 20x | as long as short |
| Aster 4USDT | +0.0298% | 4h | 0.02015 | −0.144% | $240K | $113K | 5x | as long as short |
| Bybit 4USDT | +0.0318% | 4h | 0.02011 | −0.322% | $2.6M | $2.0M | 5x | as long as short |
| BingX 4-USDT | +0.0426% | 4h | 0.02016 | −0.059% | — | $1.4M | — | as long as short |
| MEXC 4_USDTshort | +0.0450% | 4h | 0.02015 | −0.129% | $1.6M | $929K | 100x | |
| Binance 4USDT | +0.0451% | 4h | 0.02013 | −0.243% | $7.9M | $13.7M | 20x | as long as short |
| Gate 4_USDTlong | +0.0512% | 4h | 0.02018 | long leg | $538K | $312K | 20x | |
| KuCoin 4USDTM | +0.0758% | 4h | 0.02016 | −0.079% | $888K | $12.7M | 20x | as long as short |
Variational Omni 4
SunX 4-USDT
Aster 4USDT
Bybit 4USDT
BingX 4-USDT
Binance 4USDT
KuCoin 4USDTM