Funding you earn now, next payment 00:00 UTC+0.1870%/8h= +204.8% APRnext payment +$9.35 per $10,000 · paid last 24h +0.139%
Price spread now: Gate against MEXC+0.163%7-day average −0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1351.348% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 4 days (all we have)−0.581%−$58 · spread now +0.163%, 7d avg −0.110%
=Both sides work for this trade now. Funding pays +$56 a day on $10k at the current rate, and Gate is 0.274% dearer against MEXC than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of −0.110%. Mind the row above: over the last 7 days funding on this pair cost −0.110%, so the current rate has only just turned in your favour.
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 +$9.35 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 B2_USDT | 0.4900 | 0.0910 | pay 0.0455% / 4h | 1h 51m | $554K | $538K | 100x |
| Short | Gate B2_USDT | 0.4908 | 0.2780 | get 0.1390% / 4h | 1h 51m | $860K | $440K | 20x |
Funding 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
- $392.7
- Price spread: +0.163% → −0.110%
- $27.36
- Slippage, 4 orders
- −$111.79
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $285.27
- Costs to cover
- 1.348%
- Break-even
- 1.9 days
Slippage from MEXC: live order book, 23 min ago; Gate: live order book, 30 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, 23 min ago | 1.02 bp | 13.5 bp −$14 | 87.2 bp −$872 | 263.6 bp −$26.4K | doesn't fit |
| Sell Gate live order book, 30 min ago | 9.07 bp | 39.2 bp −$39 | 215.2 bp −$2,152 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance B2USDT | +0.0907% | 4h | 0.4897 | −0.071% | $7.8M | $13.1M | 50x | as long as short |
| MEXC B2_USDTlong | +0.0910% | 4h | 0.4900 | long leg | $554K | $538K | 100x | |
| Aster B2USDT | +0.1033% | 4h | 0.4897 | −0.066% | $153K | $187K | 5x | as long as short |
| Bybit B2USDT | +0.1256% | 4h | 0.4892 | −0.163% | $1.5M | $2.8M | 20x | as long as short |
| BingX B2-USDT | +0.1474% | 4h | 0.4895 | −0.102% | — | $1.4M | — | as long as short |
| Bitget B2USDT | +0.1540% | 4h | 0.4892 | −0.163% | $2.7M | $1.4M | 50x | as long as short |
| Variational Omni B2 | +0.1902% | 4h | 0.4916 | +0.318% | $14K | $2K | — | as long as short |
| KuCoin B2USDTM | +0.2058% | 4h | 0.4899 | −0.020% | $1.0M | $316K | 50x | as long as short |
| Gate B2_USDTshort | +0.2780% | 4h | 0.4908 | +0.163% | $860K | $440K | 20x |
MEXC B2_USDT
Gate B2_USDT
Binance B2USDT
Aster B2USDT
Bybit B2USDT
BingX B2-USDT
Bitget B2USDT
Variational Omni B2
KuCoin B2USDTM