Funding you earn now, next payment 12:00 UTC+0.0376%/8h= +41.2% APRnext payment +$1.88 per $10,000 · paid last 24h +0.105%
Price spread now: Gate against MEXC−0.027%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$513as in the Funding arb table
Net, price: spread back to 7d avg − costs−$563as in the Price arb table
costs, in and out, $10k−$5685.685% of the position
Funding, last 7 days+0.557%+$56 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now −0.027%, 7d avg −0.080%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Gate is 0.053% dearer against MEXC than usual: you sell high and buy low: +$5 more if the spread 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 | MEXC APR_USDT | 0.1466 | 0.0100 | pay 0.0050% / 4h | 3h 38m | $372K | $172K | 50x |
| Short | Gate APR_USDT | 0.1466 | 0.0476 | get 0.0238% / 4h | 3h 38m | $698K | $196K | 25x |
MEXC APR_USDT
Gate APR_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
- $78.96
- Price spread: −0.027% → −0.080%
- $5.27
- Slippage, 4 orders
- −$545.45
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$484.22
- Costs to cover
- 5.685%
- Break-even
- 49.9 days
Slippage from MEXC: live order book, 41 min ago; Gate: live order book, 57 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, 41 min ago | 3.40 bp | 18.0 bp −$18 | 80.1 bp −$801 | 263.0 bp −$26.3K | 825.6 bp −$412.8K |
| Sell Gate live order book, 57 min ago | 13.96 bp | 253.4 bp −$253 | doesn't fit | doesn't fit | doesn't fit |
APR on 12 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 APRUSDT | +0.0100% | 4h | 0.1466 | 0.000% | $6.6M | $5.2M | 50x | as long as short |
| Bybit APRUSDT | +0.0100% | 4h | 0.1467 | +0.068% | $1.4M | $651K | 20x | as long as short |
| MEXC APR_USDTlong | +0.0100% | 4h | 0.1466 | long leg | $372K | $172K | 50x | |
| SunX APR-USDT | +0.0100% | 4h | 0.1465 | −0.061% | $1K | $1.2M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1472 | +0.409% | $19K | $37K | 20x | as long as short |
| OKX APR-USDT-SWAP | +0.0102% | 4h | 0.1468 | +0.136% | $1.2M | $2.5M | 20x | as long as short |
| BloFin APR-USDT | +0.0143% | 4h | 0.1468 | +0.136% | $287K | $113K | 50x | as long as short |
| Bitget APRUSDT | +0.0272% | 4h | 0.1466 | +0.007% | $3.9M | $1.0M | 50x | as long as short |
| BingX APR-USDT | +0.0294% | 4h | 0.1466 | 0.000% | — | $1.4M | — | as long as short |
| Gate APR_USDTshort | +0.0476% | 4h | 0.1466 | −0.027% | $698K | $196K | 25x |
Binance APRUSDT
Bybit APRUSDT
SunX APR-USDT
HTX APR-USDT
OKX APR-USDT-SWAP
BloFin APR-USDT
Bitget APRUSDT
BingX APR-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APRUSDT | +0.0625% | 4h | 0.1467 | +0.038% | $70K | $75K | 5x | as long as short |
| KuCoin APRUSDTM | +0.0834% | 4h | 0.1465 | −0.075% | $2.3M | $344K | 50x | as long as short |
Aster APRUSDT
KuCoin APRUSDTM