Funding you earn now, next payment 08:00 UTC−0.0106%/8h= −11.6% APRnext payment −$0.53 per $10,000 · paid last 24h −0.007%
Price spread now: MEXC against Gate−0.081%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$328as in the Funding arb table
Net, price: spread back to 7d avg − costs−$335as in the Price arb table
costs, in and out, $10k−$3273.270% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.055%+$5 · spread now −0.081%, 7d avg +0.003%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.084% cheaper against Gate than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ACT_USDT | 0.01114 | 0.0206 | pay 0.0103% / 4h | 3h 32m | $159K | $93K | 25x |
| Short | MEXC ACT_USDT | 0.01113 | 0.0100 | get 0.0050% / 4h | 3h 32m | $6.5M | $114K | 20x |
Gate ACT_USDT
MEXC ACT_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
- −$22.26
- Price spread: −0.081% → +0.003%
- −$8.4
- Slippage, 4 orders
- −$307.98
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$357.64
- Costs to cover
- 3.270%
- Break-even
- never at this rate
Slippage from Gate: live order book, 13 min ago; MEXC: live order book, 5 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, 13 min ago | 9.00 bp | 107.9 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 3.59 bp | 28.7 bp −$29 | 56.4 bp −$564 | 112.7 bp −$11.3K | 353.2 bp −$176.6K |
ACT on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ACTUSDT | +0.0100% | 4h | 0.01111 | −0.296% | $2.1M | $2.3M | 10x | as long as short |
| MEXC ACT_USDTshort | +0.0100% | 4h | 0.01113 | −0.081% | $6.5M | $114K | 20x | |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01114 | 0.000% | $268K | $85K | 10x | as long as short |
| OKX ACT-USDT-SWAP | +0.0151% | 4h | 0.01113 | −0.099% | $797K | $1.4M | 10x | as long as short |
| Gate ACT_USDTlong | +0.0206% | 4h | 0.01114 | long leg | $159K | $93K | 25x | |
| BingX ACT-USDT | +0.0866% | 4h | 0.01114 | −0.036% | — | $1.3M | — | as long as short |
| Bybit ACTUSDT | +0.0972% | 4h | 0.01114 | −0.045% | $632K | $439K | 25x | as long as short |
Binance ACTUSDT
Bitget ACTUSDT
OKX ACT-USDT-SWAP
BingX ACT-USDT
Bybit ACTUSDT