Funding you earn now, next payment 00:00 UTC+0.0300%/8h= +32.8% APRnext payment +$1.50 per $10,000 · paid last 24h +0.090%
Price spread now: MEXC against Gate+2.563%7-day average +2.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,188as in the Price arb table
costs, in and out, $10k−$2,24022.404% of the position
Funding, last 7 days+0.596%+$60 on $10k
+Price spread, last 4 days (all we have)−0.783%−$78 · spread now +2.563%, 7d avg +2.041%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and MEXC is 0.522% dearer against Gate than usual: you sell high and buy low: +$52 more if the spread goes back to its 7-day average of +2.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BASECAT_USDT | 0.01951 | 0.0100 | pay 0.0050% / 4h | 33m 55s | $236K | $159K | 10x |
| Short | MEXC BASECAT_USDT | 0.02001 | 0.0400 | get 0.0200% / 4h | 33m 55s | $752K | $198K | 20x |
Gate BASECAT_USDT
MEXC BASECAT_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
- $63
- Price spread: +2.563% → +2.041%
- $52.18
- Slippage, 4 orders
- −$2,221.39
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$2,125.22
- Costs to cover
- 22.404%
- Break-even
- 243.1 days
Slippage from Gate: live order book, 38 min ago; MEXC: live order book, 37 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, 38 min ago | 10.11 bp | 671.7 bp −$672 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 37 min ago | 26.95 bp | 654.5 bp −$655 | 1610.0 bp −$16.1K | doesn't fit | doesn't fit |
BASECAT on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BASECATUSDT | +0.0100% | 1h | 0.01948 | −0.163% | $100K | $71K | 5x | as long as short |
| Gate BASECAT_USDTlong | +0.0100% | 4h | 0.01951 | long leg | $236K | $159K | 10x | |
| MEXC BASECAT_USDTshort | +0.0400% | 4h | 0.02001 | +2.563% | $752K | $198K | 20x | |
| BingX BASECAT-USDT | +0.0400% | 4h | 0.02003 | +2.665% | — | $729K | — | as long as short |
Aster BASECATUSDT
BingX BASECAT-USDT