Funding you earn now, next payment 00:00 UTC−0.0734%/8h= −80.4% APRnext payment −$3.67 per $10,000 · paid last 24h −0.176%
Price spread now: Gate against MEXC−0.198%7-day average −0.184% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1031.026% of the position
Funding, last 7 days−0.349%−$35 on $10k
+Price spread, last 7 days+0.067%+$7 · spread now −0.198%, 7d avg −0.184%
=The price spread sits at its 7-day average of −0.184%, so right now this pair is about funding alone: −$22 a day on $10k at the current rate.
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 −$3.67 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 | MEXC B_USDT | 0.2024 | 0.0834 | pay 0.0417% / 4h | 2h 58m | $996K | $337K | 100x |
| Short | Gate B_USDT | 0.2020 | 0.0100 | get 0.0050% / 4h | 2h 58m | $3.4M | $580K | 20x |
MEXC B_USDT
Gate B_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
- −$154.14
- Price spread: −0.198% → −0.184%
- −$1.39
- Slippage, 4 orders
- −$83.59
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$258.12
- Costs to cover
- 1.026%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 26 min ago; Gate: live order book, 5 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, 26 min ago | 2.48 bp | 4.5 bp −$4 | 39.7 bp −$397 | 236.7 bp −$23.7K | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.47 bp | 46.0 bp −$46 | doesn't fit | doesn't fit | 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_USDTshort | +0.0100% | 4h | 0.2020 | −0.198% | $3.4M | $580K | 20x | |
| KuCoin BUSDTM | +0.0100% | 4h | 0.2022 | −0.084% | $1.9M | $71K | 10x | as long as short |
| Bybit BUSDT | +0.0697% | 4h | 0.2021 | −0.133% | $1.8M | $928K | 13x | as long as short |
| Bitget BUSDT | +0.0786% | 4h | 0.2024 | 0.000% | $2.7M | $232K | 10x | as long as short |
| edgeX BUSDC | +0.0832% | 4h | 0.2025 | +0.026% | $3K | $392K | 5x | as long as short |
| Extended B-USD | +0.0832% | 1h | 0.2024 | −0.012% | $15K | $117K | 5x | as long as short |
| MEXC B_USDTlong | +0.0834% | 4h | 0.2024 | long leg | $996K | $337K | 100x | |
| Binance BUSDT | +0.0834% | 4h | 0.2024 | −0.010% | $11.7M | $2.0M | 20x | as long as short |
| BloFin B-USDT | +0.0863% | 4h | 0.2023 | −0.049% | $596K | $39K | 20x | as long as short |
| BingX B-USDT | +0.0868% | 4h | 0.2022 | −0.099% | — | $1.2M | — | as long as short |
KuCoin BUSDTM
Bybit BUSDT
Bitget BUSDT
edgeX BUSDC
Extended B-USD
Binance BUSDT
BloFin B-USDT
BingX B-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1380% | 4h | 0.2026 | +0.082% | $1.9M | $197K | 5x | as long as short |
Aster BUSDT