Funding you earn now, next payment 00:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.17 per $10,000 · paid last 24h +0.010%
Price spread now: MEXC against Gate0.000%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1461.464% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now 0.000%, 7d avg +0.056%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.056% cheaper against Gate than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.056%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AR_USDT | 4.5680 | 0.0100 | pay 0.0100% / 8h | 1h 17m | $2.6M | $2.3M | 50x |
| Short | MEXC AR_USDT | 4.5680 | 0.0083 | get 0.0083% / 8h | 1h 17m | $6.8M | $4.6M | 100x |
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
- −$3.57
- Price spread: 0.000% → +0.056%
- −$5.64
- Slippage, 4 orders
- −$127.45
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$155.66
- Costs to cover
- 1.464%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; MEXC: live order book, 6 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, 1 min ago | 4.39 bp | 68.8 bp −$69 | 352.7 bp −$3,527 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 3.32 bp | 5.3 bp −$5 | 14.5 bp −$145 | 194.6 bp −$19.5K | doesn't fit |
AR on 17 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_ARUSD | −0.1894% | 1h | 4.5680 | −0.001% | $47K | $156K | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | L −0.0140% / S +0.0551% | 1h | 4.5718 | +0.083% | $587K | — | 50x | as long as short |
| Injective AR/USDC PERP | +0.0033% | 1h | 4.5720 | +0.088% | $3K | $339 | 5.5x | as long as short |
| OKX AR-USDT-SWAP | +0.0045% | 8h | 4.5660 | −0.044% | $2.3M | $20.8M | 20x | as long as short |
| Extended AR-USD | +0.0080% | 1h | 4.5697 | +0.037% | $37K | $237K | 10x | as long as short |
| MEXC AR_USDTshort | +0.0083% | 8h | 4.5680 | 0.000% | $6.8M | $4.6M | 100x | |
| Binance ARUSDT | +0.0084% | 8h | 4.5706 | +0.056% | $9.0M | $55.7M | 75x | as long as short |
| Hyperliquid AR | +0.0100% | 1h | 4.5792 | +0.245% | $3.9M | $4.8M | 5x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.5663 | −0.037% | $20K | $615K | 10x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.5691 | +0.024% | $4.7M | $8.9M | 75x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AR_USDTlong | +0.0100% | 8h | 4.5680 | long leg | $2.6M | $2.3M | 50x | |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.5690 | +0.022% | $1.4M | $1.1M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.5650 | −0.066% | $3.9M | $5.6M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.5660 | −0.044% | — | $2.9M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.5284 | −0.866% | $137K | $173K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.5300 | −0.832% | $57K | $748K | 50x | as long as short |
| BloFin AR-USDT | +0.0204% | 8h | 4.5660 | −0.044% | $424K | $683K | 20x | as long as short |
Gate AR_USDT
MEXC AR_USDT
Kraken Futures PF_ARUSD
GMX AR/USD [WBTC.b-USDC]
Injective AR/USDC PERP
OKX AR-USDT-SWAP
Extended AR-USD
Binance ARUSDT
Hyperliquid AR
Aster ARUSDT
Bybit ARUSDT
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT
BloFin AR-USDT