Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.105%
Price spread now: MEXC against Gate+0.028%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$576as in the Funding arb table
Net, price: spread back to 7d avg − costs−$526as in the Price arb table
costs, in and out, $10k−$5215.207% of the position
Funding, last 7 days−0.557%−$56 on $10k
+Price spread, last 4 days (all we have)+0.035%+$3 · spread now +0.028%, 7d avg +0.080%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.052% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.080%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate APR_USDT | 0.1440 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $689K | $194K | 25x |
| Short | MEXC APR_USDT | 0.1440 | 0.0100 | get 0.0050% / 4h | 2h 21m | $371K | $162K | 50x |
Funding 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
- $0
- Price spread: +0.028% → +0.080%
- −$5.23
- Slippage, 4 orders
- −$497.71
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$525.94
- Costs to cover
- 5.207%
- Break-even
- never at this rate
Slippage from Gate: live order book, 28 min ago; MEXC: live order book, 24 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, 28 min ago | 13.12 bp | 277.0 bp −$277 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 24 min ago | 6.90 bp | 23.0 bp −$23 | 82.9 bp −$829 | 268.6 bp −$26.9K | 812.8 bp −$406.4K |
APR on 12 exchanges
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 APRUSDT | +0.0100% | 4h | 0.1440 | +0.028% | $6.5M | $4.7M | 50x | as long as short |
| Bybit APRUSDT | +0.0100% | 4h | 0.1439 | −0.021% | $1.4M | $585K | 20x | as long as short |
| OKX APR-USDT-SWAP | +0.0100% | 4h | 0.1440 | +0.028% | $1.2M | $2.3M | 20x | as long as short |
| Gate APR_USDTlong | +0.0100% | 4h | 0.1440 | long leg | $689K | $194K | 25x | |
| MEXC APR_USDTshort | +0.0100% | 4h | 0.1440 | +0.028% | $371K | $162K | 50x | |
| Bitget APRUSDT | +0.0100% | 4h | 0.1441 | +0.097% | $3.9M | $1.0M | 50x | as long as short |
| BingX APR-USDT | +0.0100% | 4h | 0.1440 | +0.028% | — | $1.3M | — | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1443 | +0.229% | $1K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1446 | +0.445% | $18K | $36K | 20x | as long as short |
| BloFin APR-USDT | +0.0138% | 4h | 0.1439 | −0.042% | $282K | $112K | 50x | as long as short |
Show all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APRUSDT | +0.0389% | 4h | 0.1439 | −0.075% | $69K | $73K | 5x | as long as short |
| KuCoin APRUSDTM | +0.0678% | 4h | 0.1438 | −0.139% | $2.3M | $329K | 50x | as long as short |
Gate APR_USDT
MEXC APR_USDT
Binance APRUSDT
Bybit APRUSDT
OKX APR-USDT-SWAP
Bitget APRUSDT
BingX APR-USDT
SunX APR-USDT
HTX APR-USDT
BloFin APR-USDT
Aster APRUSDT
KuCoin APRUSDTM