Funding you earn now, next payment 08:00 UTC−0.0211%/8h= −23.1% APRnext payment −$2.11 per $10,000 · paid last 24h −0.029%
Price spread now: MEXC against Gate−0.088%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$400.396% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 7 days+0.055%+$5 · spread now −0.088%, 7d avg −0.003%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and MEXC is 0.085% cheaper against Gate than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.003%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.11 per $10,000. 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 | Gate ARB_USDT | 0.2261 | 0.0100 | pay 0.0100% / 8h | 7h 18m | $5.5M | $19.9M | 60x |
| Short | MEXC ARB_USDT | 0.2259 | −0.0111 | pay 0.0111% / 8h | 7h 18m | $38.8M | $59.3M | 200x |
Gate ARB_USDT
MEXC ARB_USDTFunding 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
- −$44.31
- Price spread: −0.088% → −0.003%
- −$8.54
- Slippage, 4 orders
- −$24.59
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$92.44
- Costs to cover
- 0.396%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 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, 5 min ago | 1.54 bp | 17.7 bp −$18 | 30.0 bp −$300 | 87.5 bp −$8,751 | doesn't fit |
| Sell MEXC live order book, 6 min ago | 0.22 bp | 1.0 bp −$1 | 17.7 bp −$177 | 47.2 bp −$4,721 | 78.8 bp −$39.4K |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1666% | 1h | 0.2269 | +0.349% | $41K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0201% | 8h | 0.2267 | +0.242% | $2.0M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0152% | 1h | 0.2259 | −0.102% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0137% | 1h | 0.2265 | +0.162% | $1.2M | $4.9M | 50x | as long as short |
| MEXC ARB_USDTshort | −0.0111% | 8h | 0.2259 | −0.088% | $38.8M | $59.3M | 200x | |
| OKX ARB-USDT-SWAP | −0.0110% | 8h | 0.2260 | −0.035% | $23.0M | $157.8M | 50x | as long as short |
| Bybit ARBUSDT | −0.0094% | 8h | 0.2259 | −0.093% | $58.8M | $126.9M | 50x | as long as short |
| SoDEX ARB-USD | −0.0063% | 1h | 0.2261 | −0.009% | $4K | $2.5M | 5x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0059% | 1h | 0.2261 | +0.018% | $25K | $34K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0048% | 8h | 0.2260 | −0.049% | $13K | $386K | 10x | as long as short |
Injective ARB/USDC PERP
Variational Omni ARB
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
Bybit ARBUSDT
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUAL
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2258 | −0.153% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2261 | −0.009% | $33K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0013% | 8h | 0.2261 | −0.021% | $66.7M | $310.7M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2260 | −0.056% | $362K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0044% | 8h | 0.2270 | +0.407% | $3.1M | $2.9M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2263 | +0.106% | $144K | $7K | 3x | as long as short |
| BingX ARB-USDT | +0.0081% | 8h | 0.2260 | −0.049% | — | $54.3M | — | as long as short |
| Bitget ARBUSDT | +0.0089% | 8h | 0.2261 | −0.004% | $21.7M | $35.8M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2258 | −0.115% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2263 | +0.080% | $41.0M | $47.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2257 | −0.190% | $702K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2257 | −0.174% | $45K | $184K | 10x | as long as short |
| Gate ARB_USDTlong | +0.0100% | 8h | 0.2261 | long leg | $5.5M | $19.9M | 60x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2261 | −0.027% | $19.7M | $15.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2269 | +0.355% | $41K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2268 | +0.308% | $483K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2267 | +0.261% | $122K | $295K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2260 | −0.031% | $65K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2262 | +0.040% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2276 | +0.655% | $299K | $981K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2272 | +0.482% | $5.2M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2266 | +0.217% | $521K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0288% / S −0.0175% | 1h | 0.2261 | 0.000% | $895K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2259 | −0.088% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2261 | −0.021% | $516K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0599% | 1h | 0.2263 | +0.097% | $1.0M | $2.8M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Aevo ARB-PERP
BingX ARB-USDT
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP