Funding you earn now, next payment 00:00 UTC−0.2020%/8h= −221.2% APRnext payment −$10.10 per $10,000 · paid last 24h −0.139%
Price spread now: MEXC against Gate−0.061%7-day average +0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1411.412% of the position
Funding, last 7 days+0.110%+$11 on $10k
+Price spread, last 4 days (all we have)+0.410%+$41 · spread now −0.061%, 7d avg +0.108%
=Both sides work against this trade now: funding costs −$61 a day on $10k at the current rate, and MEXC is 0.170% cheaper against Gate than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.108%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.110%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.110% in total (about 5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$10.10 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 B2_USDT | 0.4910 | 0.2994 | pay 0.1497% / 4h | 33m 50s | $858K | $440K | 20x |
| Short | MEXC B2_USDT | 0.4907 | 0.0974 | get 0.0487% / 4h | 33m 50s | $550K | $526K | 100x |
Gate B2_USDT
MEXC B2_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
- −$424.2
- Price spread: −0.061% → +0.108%
- −$16.96
- Slippage, 4 orders
- −$118.21
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$582.37
- Costs to cover
- 1.412%
- Break-even
- never at this rate
Slippage from Gate: live order book, 43 min ago; MEXC: live order book, 36 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, 43 min ago | 10.24 bp | 46.4 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 36 min ago | 2.04 bp | 18.0 bp −$18 | 91.4 bp −$914 | 267.2 bp −$26.7K | doesn't fit |
B2 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC B2_USDTshort | +0.0974% | 4h | 0.4907 | −0.061% | $550K | $526K | 100x | |
| Binance B2USDT | +0.0975% | 4h | 0.4908 | −0.041% | $7.9M | $12.9M | 50x | as long as short |
| Bybit B2USDT | +0.1049% | 4h | 0.4906 | −0.081% | $1.5M | $2.7M | 20x | as long as short |
| Aster B2USDT | +0.1130% | 4h | 0.4904 | −0.122% | $153K | $183K | 5x | as long as short |
| BingX B2-USDT | +0.1272% | 4h | 0.4906 | −0.081% | — | $1.4M | — | as long as short |
| Bitget B2USDT | +0.1334% | 4h | 0.4898 | −0.244% | $2.7M | $1.4M | 50x | as long as short |
| KuCoin B2USDTM | +0.1938% | 4h | 0.4903 | −0.143% | $1.0M | $324K | 50x | as long as short |
| Variational Omni B2 | +0.2120% | 4h | 0.4896 | −0.276% | $14K | $2K | — | as long as short |
| Gate B2_USDTlong | +0.2994% | 4h | 0.4910 | long leg | $858K | $440K | 20x |
Binance B2USDT
Bybit B2USDT
Aster B2USDT
BingX B2-USDT
Bitget B2USDT
KuCoin B2USDTM
Variational Omni B2