Settings8H · net · $10k
Funding arb · Price arb /

APR

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.522%−$52 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate APR_USDT0.14400.0100pay 0.0050% / 4h2h 21m$689K$194K25x
ShortMEXC APR_USDT0.14400.0100get 0.0050% / 4h2h 21m$371K$162K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 28 min ago13.12 bp277.0 bp −$277doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 24 min ago6.90 bp23.0 bp −$2382.9 bp −$829268.6 bp −$26.9K812.8 bp −$406.4K

APR on 12 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APRUSDT+0.0100%4h0.1440+0.028%$6.5M$4.7M50xas long as short
Bybit APRUSDT+0.0100%4h0.1439−0.021%$1.4M$585K20xas long as short
OKX APR-USDT-SWAP+0.0100%4h0.1440+0.028%$1.2M$2.3M20xas long as short
Gate APR_USDTlong+0.0100%4h0.1440long leg$689K$194K25x
MEXC APR_USDTshort+0.0100%4h0.1440+0.028%$371K$162K50x
Bitget APRUSDT+0.0100%4h0.1441+0.097%$3.9M$1.0M50xas long as short
BingX APR-USDT+0.0100%4h0.1440+0.028%$1.3Mas long as short
SunX APR-USDT+0.0100%4h0.1443+0.229%$1K$1.1M20xas long as short
HTX APR-USDT+0.0100%4h0.1446+0.445%$18K$36K20xas long as short
BloFin APR-USDT+0.0138%4h0.1439−0.042%$282K$112K50xas long as short
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster APRUSDT+0.0389%4h0.1439−0.075%$69K$73K5xas long as short
KuCoin APRUSDTM+0.0678%4h0.1438−0.139%$2.3M$329K50xas long as short