Funding arb · Price arb / Crypto
AGENCY
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01394 | −4.0000 | get 2.0000% / 4h | 1h 37m | $71K | $281K | 10x | Long Gate | |
| SHORT | 0.01411 | +0.0258 | get 0.0129% / 4h | 1h 37m | $34K | $201K | 20x | Short MEXC |
Price gap+1.198%
Funding gap+4.0258% /8h
Funding pays +$1,208 a day on $10k, but the gap is 3.582% under its 7d average: −$358 if it goes back, about 7 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$170+4.0258% /8h now · paid +1.698% over the last 6 hours (all we have)
Price−$358spread +1.198% now, avg +4.780% → −3.582% if it goes back
Costs−$2,31423.142% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+1.198%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hAGENCY on 2 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size484.4 / 683.1 bpAt $10k entering MEXC costs 683.1 bp, fee and slippage, 1.4× Gate’s.
- Note: Margin at max leverage$1,000 + $500Gate 10x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$1,207.74Long Gate: 6 payments, +$1,200.00; short MEXC: 6 payments, +$7.74.
- Watch: Gap narrower than usual+1.198% vs +4.780%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$34K vs $71K OIMEXC sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCGate Yes · MEXC YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+2.1337%/8h × 21 periods+$4,480.80
Price spread+1.198% → +4.780% (7d avg)−$358.20
Slippage, 4 orderslive order books−$2,295.15
Fee Gate bp × 2 orders−$15.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k+$1,808.45
Costs to cover23.142%Break-even4.2 days
Slippage: Gate: live order book, 29 min ago; MEXC: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate77.31484.4 bp−$484doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC75.86683.1 bp−$683doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.