Funding you earn now, next payment 00:00 UTC+0.0494%/8h= +54.1% APRnext payment +$2.47 per $10,000 · paid last 24h +0.035%
Price spread now: Gate against MEXC−0.285%7-day average −0.235% · you buy dearer than you sell
Net, funding: paid 7d − costs−$935as in the Funding arb table
Net, price: spread back to 7d avg − costs−$988as in the Price arb table
costs, in and out, $10k−$9839.833% of the position
Funding, last 7 days+0.485%+$48 on $10k
+Price spread, last 4 days (all we have)+0.075%+$7 · spread now −0.285%, 7d avg −0.235%
=Funding pays, the price is against you. Gate is 0.050% cheaper against MEXC than usual: you would sell low and buy high (spread −0.285% now, against its 7-day average of −0.235%). If the spread goes back, that is −$5 on $10k: about 8 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.485% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC AIO_USDT | 0.03863 | 0.0100 | pay 0.0050% / 4h | 29m 31s | $227K | $122K | 50x |
| Short | Gate AIO_USDT | 0.03852 | 0.0594 | get 0.0297% / 4h | 29m 31s | $449K | $151K | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $103.74
- Price spread: −0.285% → −0.235%
- −$4.95
- Slippage, 4 orders
- −$964.28
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$884.5
- Costs to cover
- 9.833%
- Break-even
- 66.7 days
Slippage from MEXC: live order book, 30 min ago; Gate: live order book, 46 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, 30 min ago | 3.87 bp | 21.5 bp −$22 | 91.0 bp −$910 | 263.3 bp −$26.3K | doesn't fit |
| Sell Gate live order book, 46 min ago | 7.80 bp | 403.8 bp −$404 | doesn't fit | doesn't fit | doesn't fit |
AIO on 8 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 AIOUSDT | +0.0100% | 4h | 0.03862 | −0.014% | $3.1M | $2.1M | 50x | as long as short |
| Bybit AIOUSDT | +0.0100% | 4h | 0.03855 | −0.207% | $570K | $68K | 5x | as long as short |
| MEXC AIO_USDTlong | +0.0100% | 4h | 0.03863 | long leg | $227K | $122K | 50x | |
| KuCoin AIOUSDTM | +0.0100% | 4h | 0.03858 | −0.129% | $790K | $58K | 30x | as long as short |
| Bitget AIOUSDT | +0.0100% | 4h | 0.03856 | −0.181% | $1.2M | $397K | 50x | as long as short |
| BingX AIO-USDT | +0.0100% | 4h | 0.03862 | −0.026% | — | $6.6M | — | as long as short |
| Aster AIOUSDT | +0.0150% | 4h | 0.03861 | −0.045% | $21K | $19K | 5x | as long as short |
| Gate AIO_USDTshort | +0.0594% | 4h | 0.03852 | −0.285% | $449K | $151K | 20x |
MEXC AIO_USDT
Gate AIO_USDT
Binance AIOUSDT
Bybit AIOUSDT
KuCoin AIOUSDTM
Bitget AIOUSDT
BingX AIO-USDT
Aster AIOUSDT