Funding you earn now, next payment 16:00 UTC−0.0154%/8h= −16.9% APRnext payment −$1.54 per $10,000 · paid last 24h −0.053%
Price spread now: MEXC against Gate−0.087%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1391.386% of the position
Funding, last 7 days−0.435%−$44 on $10k
+Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.087%, 7d avg −0.071%
=The price spread sits at its 7-day average of −0.071%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BEL_USDT | 0.1262 | 0.0254 | pay 0.0254% / 8h | 7h 39m | $109K | $51K | 10x |
| Short | MEXC BEL_USDT | 0.1260 | 0.0100 | get 0.0100% / 8h | 7h 39m | $151K | $90K | 50x |
Gate BEL_USDT
MEXC BEL_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
- −$32.34
- Price spread: −0.087% → −0.071%
- −$1.65
- Slippage, 4 orders
- −$115.59
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$172.58
- Costs to cover
- 1.386%
- Break-even
- never at this rate
Slippage from Gate: live order book, 50 min ago; MEXC: 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 Gate live order book, 50 min ago | 7.56 bp | 47.3 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 30 min ago | 1.19 bp | 9.7 bp −$10 | 49.4 bp −$494 | 93.6 bp −$9,364 | 278.5 bp −$139.3K |
BEL 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BELUSDT | +0.0100% | 8h | 0.1261 | −0.071% | $11K | $1K | 5x | as long as short |
| Binance BELUSDT | +0.0100% | 8h | 0.1261 | −0.083% | $2.0M | $1.4M | 10x | as long as short |
| MEXC BEL_USDTshort | +0.0100% | 8h | 0.1260 | −0.087% | $151K | $90K | 50x | |
| KuCoin BELUSDTM | +0.0100% | 8h | 0.1261 | −0.048% | $58K | $15K | 10x | as long as short |
| Variational Omni BEL | +0.0100% | 8h | 0.1261 | −0.016% | $3K | $1 | — | as long as short |
| Gate BEL_USDTlong | +0.0254% | 8h | 0.1262 | long leg | $109K | $51K | 10x | |
| Bybit BELUSDT | +0.0278% | 8h | 0.1261 | −0.055% | $245K | $141K | 10x | as long as short |
| Kraken Futures PF_BELUSD | +4.0111% | 1h | 0.1257 | −0.362% | $9K | $11K | 10x | as long as short |
Aster BELUSDT
Binance BELUSDT
KuCoin BELUSDTM
Variational Omni BEL
Bybit BELUSDT
Kraken Futures PF_BELUSD