Funding you earn now, next payment 08:00 UTC−0.0341%/8h= −37.3% APRpaid last 24h −0.069%
Price spread now: MEXC against Gate−0.069%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and MEXC is 0.069% cheaper against Gate than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.042% in total (about -2.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ALICE_USDT | 0.1459 | 0.0441 | pay 0.0441% / 8h | 1h 58m | $90K | $86K | 25x |
| Short | MEXC ALICE_USDT | 0.1458 | 0.0100 | get 0.0050% / 4h | 1h 58m | $557K | $117K | 50x |
Gate ALICE_USDT
MEXC ALICE_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
- −$71.61
- Price spread: −0.069% → 0.000%
- −$6.85
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$97.46
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; MEXC: live order book, 41 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 41 min ago | 3.48 bp | 13.4 bp −$13 | 37.9 bp −$379 | 489.1 bp −$48.9K | doesn't fit |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ALICE on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALICEUSD | −0.0108% | 1h | 0.1460 | +0.067% | $33K | $4K | 10x | as long as short |
| Aster ALICEUSDT | +0.0100% | 4h | 0.1458 | −0.042% | $9K | $537 | 5x | as long as short |
| Binance ALICEUSDT | +0.0100% | 4h | 0.1459 | −0.017% | $2.3M | $2.8M | 50x | as long as short |
| MEXC ALICE_USDTshort | +0.0100% | 4h | 0.1458 | −0.069% | $557K | $117K | 50x | |
| KuCoin ALICEUSDTM | +0.0100% | 4h | 0.1456 | −0.206% | $426K | $44K | 30x | as long as short |
| Bitget ALICEUSDT | +0.0100% | 4h | 0.1459 | 0.000% | $997K | $119K | 50x | as long as short |
| BingX ALICE-USDT | +0.0100% | 4h | 0.1459 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni ALICE | +0.0100% | 8h | 0.1456 | −0.200% | $479 | $477 | — | as long as short |
| BloFin ALICE-USDT | +0.0146% | 4h | 0.1459 | 0.000% | $158K | $19K | 50x | as long as short |
| Gate ALICE_USDTlong | +0.0441% | 8h | 0.1459 | long leg | $90K | $86K | 25x |
Kraken Futures PF_ALICEUSD
Aster ALICEUSDT
Binance ALICEUSDT
KuCoin ALICEUSDTM
Bitget ALICEUSDT
BingX ALICE-USDT
Variational Omni ALICE
BloFin ALICE-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALICEUSDT | +0.0468% | 8h | 0.1460 | +0.082% | $661K | $188K | 25x | as long as short |
Bybit ALICEUSDT