Funding you earn now, next payment 08:00 UTC−0.0424%/8h= −46.4% APRpaid last 24h −0.122%
Price spread now: Gate against MEXC−0.332%7-day average −0.246% · you buy dearer than you sell
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1561.559% of the position
Funding, last 7 days−0.410%−$41 on $10k
+Price spread, last 7 days+0.034%+$3 · spread now −0.332%, 7d avg −0.246%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Gate is 0.086% cheaper against MEXC than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.246%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BAN_USDT | 0.06918 | 0.0524 | pay 0.0262% / 4h | 1h 59m | $8.3M | $152K | 100x |
| Short | Gate BAN_USDT | 0.06895 | 0.0100 | get 0.0100% / 8h | 1h 59m | $1.2M | $52K | 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
- −$89.04
- Price spread: −0.332% → −0.246%
- −$8.61
- Slippage, 4 orders
- −$136.92
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$253.57
- Costs to cover
- 1.559%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago | 2.16 bp | 10.7 bp −$11 | 72.0 bp −$720 | 234.6 bp −$23.5K | 552.0 bp −$276.0K |
| Sell Gate live order book, 3 min ago | 16.63 bp | 58.2 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BANUSDT | +0.0100% | 4h | 0.06906 | −0.173% | $2.9M | $288K | 13x | as long as short |
| Gate BAN_USDTshort | +0.0100% | 8h | 0.06895 | −0.332% | $1.2M | $52K | 20x | |
| KuCoin BANUSDTM | +0.0100% | 4h | 0.06905 | −0.188% | $312K | $16K | 20x | as long as short |
| Bitget BANUSDT | +0.0100% | 4h | 0.06910 | −0.116% | $1.1M | $66K | 25x | as long as short |
| Variational Omni BAN | +0.0100% | 4h | 0.06907 | −0.156% | $16 | — | — | as long as short |
| Aster BANUSDT | +0.0267% | 4h | 0.06920 | +0.029% | $12K | $679 | 5x | as long as short |
| MEXC BAN_USDTlong | +0.0524% | 4h | 0.06918 | long leg | $8.3M | $152K | 100x | |
| Binance BANUSDT | +0.0532% | 4h | 0.06919 | +0.020% | $6.8M | $839K | 25x | as long as short |
MEXC BAN_USDT
Gate BAN_USDT
Bybit BANUSDT
KuCoin BANUSDTM
Bitget BANUSDT
Variational Omni BAN
Aster BANUSDT
Binance BANUSDT