Funding you earn now, next payment 04:00 UTC+0.0203%/8h= +22.2% APRpaid last 24h 0.000%
Price spread now: Gate against MEXC−0.084%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+0.011%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Gate is 0.084% cheaper against MEXC than usual: you would sell low and buy high (spread −0.084% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 33 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.011% in total) that is about 53 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.011% in total (about 0.6% 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 | MEXC ALPINE_USDT | 0.3583 | 0.0504 | pay 0.0252% / 4h | 1h 22m | $181K | $103K | 50x |
| Short | Gate ALPINE_USDT | 0.3580 | 0.0707 | get 0.0707% / 8h | 5h 22m | $69K | $20K | 25x |
MEXC ALPINE_USDT
Gate ALPINE_USDTFunding 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
- $42.63
- Price spread: −0.084% → 0.000%
- −$8.37
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $15.26
- Costs to cover
- 0.190%
- Break-even
- 4.5 days
Slippage unknown: MEXC: live order book, 13 min ago; Gate: no order-book sample. 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 MEXC live order book, 13 min ago | 2.80 bp | 22.0 bp −$22 | 75.4 bp −$754 | 100.7 bp −$10.1K | 303.3 bp −$151.7K |
| Sell Gate no order-book sample | — | — | — | — | — |
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.
ALPINE 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALPINEUSDT | +0.0100% | 4h | 0.3580 | −0.084% | $158K | $29K | 25x | as long as short |
| Variational Omni ALPINE | +0.0100% | 4h | 0.3570 | −0.355% | $5K | $1 | — | as long as short |
| BingX ALPINE-USDT | +0.0480% | 4h | 0.3583 | 0.000% | — | $1.2M | — | as long as short |
| MEXC ALPINE_USDTlong | +0.0504% | 4h | 0.3583 | long leg | $181K | $103K | 50x | |
| Binance ALPINEUSDT | +0.0513% | 4h | 0.3583 | +0.009% | $1.6M | $768K | 10x | as long as short |
| Gate ALPINE_USDTshort | +0.0707% | 8h | 0.3580 | −0.084% | $69K | $20K | 25x | |
| KuCoin ALPINEUSDTM | +0.0916% | 4h | 0.3580 | −0.084% | $233K | $548K | 10x | as long as short |
Bybit ALPINEUSDT
Variational Omni ALPINE
BingX ALPINE-USDT
Binance ALPINEUSDT
KuCoin ALPINEUSDTM