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: Gate against MEXC−3.232%7-day average −2.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,624as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,683as in the Price arb table
costs, in and out, $10k−$2,56425.643% of the position
Funding, last 7 days−0.596%−$60 on $10k
+Price spread, last 4 days (all we have)+1.510%+$151 · spread now −3.232%, 7d avg −2.040%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 1.192% cheaper against MEXC than usual: you would sell low and buy high (−$119 if the spread goes back to its 7-day average of −2.040%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BASECAT_USDT | 0.02042 | 0.0400 | pay 0.0200% / 4h | 1h 51m | $759K | $207K | 20x |
| Short | Gate BASECAT_USDT | 0.01976 | 0.0100 | get 0.0050% / 4h | 1h 51m | $237K | $156K | 10x |
MEXC BASECAT_USDT
Gate BASECAT_USDTFunding 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
- −$63
- Price spread: −3.232% → −2.040%
- −$119.17
- Slippage, 4 orders
- −$2,545.28
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$2,746.45
- Costs to cover
- 25.643%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 24 min ago; Gate: live order book, 25 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, 24 min ago | 38.74 bp | 390.8 bp −$391 | 1120.0 bp −$11.2K | doesn't fit | doesn't fit |
| Sell Gate live order book, 25 min ago | 29.66 bp | 851.0 bp −$851 | doesn't fit | 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 | 0.01991 | −2.516% | $103K | $75K | 5x | as long as short |
| Gate BASECAT_USDTshort | +0.0100% | 4h | 0.01976 | −3.232% | $237K | $156K | 10x | |
| MEXC BASECAT_USDTlong | +0.0400% | 4h | 0.02042 | long leg | $759K | $207K | 20x | |
| BingX BASECAT-USDT | +0.0400% | 4h | 0.02048 | +0.294% | — | $727K | — | as long as short |
Aster BASECATUSDT
BingX BASECAT-USDT