4

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.052%

Price spread now: Gate against MEXC+0.037%7-day average −0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$929as in the Funding arb table

Net, price: spread back to 7d avg − costs−$947as in the Price arb table

costs, in and out, $10k−$9549.539% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.252%+$25 on $10k

Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.037%, 7d avg −0.034%

Together, before fees+0.272%+$27 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.071% dearer against MEXC than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC 4_USDT	0.02176	0.0650	pay 0.0325% / 4h	9m 27s	$1.9M	$852K	100x
Short	Gate 4_USDT	0.02177	0.0688	get 0.0344% / 4h	9m 27s	$591K	$239K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee MEXCbpFee GatebpOrdersPrice spread, now +0.037%Rate

Funding earned: $7.98
Price spread: +0.037% → −0.034%: $7.06
Slippage, 4 orders: −$934.94
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$938.9
Costs to cover: 9.539%
Break-even: 830.6 days

Slippage from MEXC: live order book, 1 min ago; Gate: live order book, 2 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, 1 min ago	4.59 bp	16.0 bp −$16	101.7 bp −$1,017	266.7 bp −$26.7K	doesn't fit
Sell Gate live order book, 2 min ago	6.43 bp	536.6 bp −$537	doesn't fit	doesn't fit	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	0.02169	−0.302%	$53K	$5K	—	as long as short
SunX 4-USDT	+0.0100%	4h	0.02170	−0.276%	$2K	$1.1M	20x	as long as short
Aster 4USDT	+0.0457%	4h	0.02175	−0.032%	$249K	$95K	5x	as long as short
KuCoin 4USDTM	+0.0620%	4h	0.02174	−0.092%	$954K	$12.9M	20x	as long as short
Binance 4USDT	+0.0642%	4h	0.02178	+0.097%	$8.4M	$11.2M	20x	as long as short
MEXC 4_USDTlong	+0.0650%	4h	0.02176	long leg	$1.9M	$852K	100x
Gate 4_USDTshort	+0.0688%	4h	0.02177	+0.037%	$591K	$239K	20x
BingX 4-USDT	+0.0786%	4h	0.02178	+0.083%	—	$1.4M	—	as long as short
Bybit 4USDT	+0.0804%	4h	0.02174	−0.078%	$2.9M	$1.7M	5x	as long as short