Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Gate−0.081%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1321.319% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.081%, 7d avg −0.039%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.042% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AUCTION_USDT | 3.6860 | 0.0100 | pay 0.0100% / 8h | 7m 22s | $102K | $66K | 50x |
| Short | MEXC AUCTION_USDT | 3.6830 | 0.0100 | get 0.0050% / 4h | 7m 22s | $445K | $147K | 20x |
Gate AUCTION_USDT
MEXC AUCTION_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
- $0
- Price spread: −0.081% → −0.039%
- −$4.22
- Slippage, 4 orders
- −$112.87
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$136.09
- Costs to cover
- 1.319%
- Break-even
- never at this rate
Slippage from Gate: live order book, 63 min ago; MEXC: live order book, 62 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, 63 min ago | 5.46 bp | 45.1 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 62 min ago | 1.37 bp | 13.8 bp −$14 | 47.8 bp −$478 | 99.9 bp −$9,989 | 235.7 bp −$117.9K |
AUCTION on 11 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_AUCTIONUSD | −0.0746% | 1h | 3.6829 | −0.085% | $8K | $251 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.6829 | −0.085% | $883 | $2K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.6854 | −0.016% | $2.4M | $1.5M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.6870 | +0.027% | $579K | $272K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.6810 | −0.136% | $772K | $679K | 20x | as long as short |
| Gate AUCTION_USDTlong | +0.0100% | 8h | 3.6860 | long leg | $102K | $66K | 50x | |
| MEXC AUCTION_USDTshort | +0.0100% | 4h | 3.6830 | −0.081% | $445K | $147K | 20x | |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.6850 | −0.027% | $371K | $114K | 20x | as long as short |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.6850 | −0.027% | $376K | $133K | 25x | as long as short |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.6850 | −0.027% | — | $7.7M | — | as long as short |
Kraken Futures PF_AUCTIONUSD
Aster AUCTIONUSDT
Binance AUCTIONUSDT
Bybit AUCTIONUSDT
OKX AUCTION-USDT-SWAP
KuCoin AUCTIONUSDTM
Bitget AUCTIONUSDT
BingX AUCTION-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.6755 | −0.286% | $170 | $38 | — | as long as short |
Variational Omni AUCTION