Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against MEXC+0.109%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as 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)−0.059%−$6 · spread now +0.109%, 7d avg +0.039%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.070% dearer against MEXC than usual: you sell high and buy low, +$7 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 | MEXC AUCTION_USDT | 3.6680 | 0.0100 | pay 0.0050% / 4h | 29m 01s | $443K | $146K | 20x |
| Short | Gate AUCTION_USDT | 3.6720 | 0.0100 | get 0.0100% / 8h | 29m 01s | $101K | $64K | 50x |
MEXC AUCTION_USDT
Gate AUCTION_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
- $0
- Price spread: +0.109% → +0.039%
- $6.99
- Slippage, 4 orders
- −$112.87
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$124.89
- Costs to cover
- 1.319%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 40 min ago; Gate: live order book, 41 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, 40 min ago | 1.37 bp | 11.9 bp −$12 | 50.2 bp −$502 | 100.6 bp −$10.1K | 203.2 bp −$101.6K |
| Sell Gate live order book, 41 min ago | 5.46 bp | 61.0 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0748% | 1h | 3.6715 | +0.095% | $8K | $263 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.6716 | +0.099% | $880 | $2K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.6690 | +0.027% | $2.4M | $1.5M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.6750 | +0.191% | $576K | $267K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.6690 | +0.027% | $768K | $673K | 20x | as long as short |
| Gate AUCTION_USDTshort | +0.0100% | 8h | 3.6720 | +0.109% | $101K | $64K | 50x | |
| MEXC AUCTION_USDTlong | +0.0100% | 4h | 3.6680 | long leg | $443K | $146K | 20x | |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.6730 | +0.136% | $370K | $115K | 20x | as long as short |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.6740 | +0.164% | $374K | $132K | 25x | as long as short |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.6730 | +0.136% | — | $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 | 3.6776 | +0.261% | $170 | $38 | — | as long as short |
Variational Omni AUCTION