Funding you earn now, next payment 08:00 UTC+0.0458%/8h= +50.2% APRnext payment +$4.58 per $10,000 · paid last 24h +0.054%
Price spread now: Gate against MEXC−0.095%7-day average +0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1241.242% of the position
Funding, last 7 days+0.387%+$39 on $10k
+Price spread, last 4 days (all we have)+0.122%+$12 · spread now −0.095%, 7d avg +0.069%
=Funding pays, the price is against you. Gate is 0.164% cheaper against MEXC than usual: you would sell low and buy high (spread −0.095% now, against its 7-day average of +0.069%). If the spread goes back, that is −$16 on $10k: about 29 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.387% in total) that is about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BEL_USDT | 0.1263 | 0.0100 | pay 0.0100% / 8h | 3h 31m | $153K | $91K | 50x |
| Short | Gate BEL_USDT | 0.1262 | 0.0558 | get 0.0558% / 8h | 3h 31m | $110K | $42K | 10x |
MEXC BEL_USDT
Gate BEL_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
- $96.18
- Price spread: −0.095% → +0.069%
- −$16.4
- Slippage, 4 orders
- −$101.21
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$44.43
- Costs to cover
- 1.242%
- Break-even
- 10.2 days
Slippage from MEXC: live order book, 59 min ago; Gate: live order book, 14 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, 59 min ago | 1.19 bp | 10.1 bp −$10 | 55.9 bp −$559 | 114.8 bp −$11.5K | 315.3 bp −$157.6K |
| Sell Gate live order book, 14 min ago | 6.32 bp | 59.4 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.1262 | −0.073% | $11K | $1K | 5x | as long as short |
| Binance BELUSDT | +0.0100% | 8h | 0.1263 | +0.003% | $2.0M | $1.5M | 10x | as long as short |
| MEXC BEL_USDTlong | +0.0100% | 8h | 0.1263 | long leg | $153K | $91K | 50x | |
| KuCoin BELUSDTM | +0.0100% | 8h | 0.1262 | −0.087% | $61K | $17K | 10x | as long as short |
| Variational Omni BEL | +0.0100% | 8h | 0.1263 | +0.018% | $3K | $11 | — | as long as short |
| Bybit BELUSDT | +0.0371% | 8h | 0.1263 | +0.016% | $244K | $149K | 10x | as long as short |
| Gate BEL_USDTshort | +0.0558% | 8h | 0.1262 | −0.095% | $110K | $42K | 10x | |
| Kraken Futures PF_BELUSD | +3.9686% | 1h | 0.1276 | +1.012% | $9K | $10K | 10x | as long as short |
Aster BELUSDT
Binance BELUSDT
KuCoin BELUSDTM
Variational Omni BEL
Bybit BELUSDT
Kraken Futures PF_BELUSD