Funding you earn now, next payment 00:00 UTC+0.0700%/8h= +76.6% APRnext payment +$3.50 per $10,000 · paid last 24h +0.176%
Price spread now: MEXC against Gate+0.049%7-day average +0.183% · you sell dearer than you buy
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$229as in the Price arb table
costs, in and out, $10k−$2162.157% of the position
Funding, last 7 days+0.349%+$35 on $10k
+Price spread, last 7 days+0.112%+$11 · spread now +0.049%, 7d avg +0.183%
=Funding pays, the price is against you. MEXC is 0.134% cheaper against Gate than usual: you would sell low and buy high (spread +0.049% now, against its 7-day average of +0.183%). If the spread goes back, that is −$13 on $10k: about 15 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.349% in total) that is about 2.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.349% in total (about 18.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.50 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 B_USDT | 0.2038 | 0.0100 | pay 0.0050% / 4h | 31m 53s | $3.5M | $596K | 20x |
| Short | MEXC B_USDT | 0.2039 | 0.0800 | get 0.0400% / 4h | 31m 53s | $981K | $350K | 100x |
Gate B_USDT
MEXC B_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
- $147
- Price spread: +0.049% → +0.183%
- −$13.4
- Slippage, 4 orders
- −$196.71
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$82.12
- Costs to cover
- 2.157%
- Break-even
- 10.9 days
Slippage from Gate: live order book, 1 min ago; MEXC: live order book, 43 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 | 9.79 bp | 136.0 bp −$136 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 43 min ago | 2.47 bp | 6.6 bp −$7 | 45.1 bp −$451 | 214.0 bp −$21.4K | doesn't fit |
B 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate B_USDTlong | +0.0100% | 4h | 0.2038 | long leg | $3.5M | $596K | 20x | |
| KuCoin BUSDTM | +0.0312% | 4h | 0.2039 | +0.039% | $1.9M | $71K | 10x | as long as short |
| Bybit BUSDT | +0.0614% | 4h | 0.2037 | −0.029% | $1.8M | $980K | 13x | as long as short |
| Extended B-USD | +0.0792% | 1h | 0.2041 | +0.139% | $15K | $117K | 5x | as long as short |
| Binance BUSDT | +0.0796% | 4h | 0.2039 | +0.049% | $11.8M | $2.0M | 20x | as long as short |
| MEXC B_USDTshort | +0.0800% | 4h | 0.2039 | +0.049% | $981K | $350K | 100x | |
| BloFin B-USDT | +0.0800% | 4h | 0.2041 | +0.147% | $596K | $39K | 20x | as long as short |
| edgeX BUSDC | +0.0839% | 4h | 0.2034 | −0.182% | $3K | $391K | 5x | as long as short |
| BingX B-USDT | +0.1172% | 4h | 0.2038 | 0.000% | — | $1.2M | — | as long as short |
| Bitget BUSDT | +0.1212% | 4h | 0.2041 | +0.147% | $2.8M | $239K | 10x | as long as short |
KuCoin BUSDTM
Bybit BUSDT
Extended B-USD
Binance BUSDT
BloFin B-USDT
edgeX BUSDC
BingX B-USDT
Bitget BUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1430% | 4h | 0.2042 | +0.188% | $1.9M | $211K | 5x | as long as short |
Aster BUSDT