Funding you earn now, next payment 00:00 UTC+0.0452%/8h= +49.5% APRpaid last 24h +0.130%
Price spread now: MEXC against Gate+0.148%7-day average +0.252% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1251.250% of the position
Funding, last 7 days+0.407%+$41 on $10k
+Price spread, last 7 days+0.118%+$12 · spread now +0.148%, 7d avg +0.252%
=Funding pays, the price is against you. MEXC is 0.104% cheaper against Gate than usual: you would sell low and buy high (spread +0.148% now, against its 7-day average of +0.252%). If the spread goes back, that is −$10 on $10k: about 18 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.407% in total) that is about 43 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BAN_USDT | 0.06767 | 0.0100 | pay 0.0100% / 8h | 1h 11m | $1.2M | $44K | 20x |
| Short | MEXC BAN_USDT | 0.06777 | 0.0552 | get 0.0276% / 4h | 1h 11m | $8.1M | $147K | 100x |
Funding 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
- $94.92
- Price spread: +0.148% → +0.252%
- −$10.41
- Slippage, 4 orders
- −$106.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$40.52
- Costs to cover
- 1.250%
- Break-even
- 10.0 days
Slippage from Gate: live order book, 1 min ago; MEXC: live order book, 2 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 | 8.86 bp | 44.5 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.74 bp | 9.7 bp −$10 | 83.5 bp −$835 | 227.1 bp −$22.7K | 549.7 bp −$274.8K |
BAN on 8 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 BAN_USDTlong | +0.0100% | 8h | 0.06767 | long leg | $1.2M | $44K | 20x | |
| KuCoin BANUSDTM | +0.0100% | 4h | 0.06763 | −0.059% | $312K | $15K | 20x | as long as short |
| Variational Omni BAN | +0.0100% | 4h | 0.06766 | −0.020% | $16 | — | — | as long as short |
| Bybit BANUSDT | +0.0101% | 4h | 0.06760 | −0.103% | $2.9M | $286K | 13x | as long as short |
| Aster BANUSDT | +0.0121% | 4h | 0.06769 | +0.032% | $12K | $388 | 5x | as long as short |
| Bitget BANUSDT | +0.0162% | 4h | 0.06775 | +0.118% | $1.1M | $48K | 25x | as long as short |
| MEXC BAN_USDTshort | +0.0552% | 4h | 0.06777 | +0.148% | $8.1M | $147K | 100x | |
| Binance BANUSDT | +0.0552% | 4h | 0.06778 | +0.155% | $6.6M | $716K | 25x | as long as short |
Gate BAN_USDT
MEXC BAN_USDT
KuCoin BANUSDTM
Variational Omni BAN
Bybit BANUSDT
Aster BANUSDT
Bitget BANUSDT
Binance BANUSDT