Funding you earn now, next payment 04:00 UTC+0.0300%/8h= +32.8% APRnext payment +$1.50 per $10,000 · paid last 24h +0.090%
Price spread now: MEXC against Gate+2.252%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.337%+$34 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and MEXC is 2.252% dearer against Gate than usual: you sell high and buy low: +$225 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BONER_USDT | 0.04930 | 0.0100 | pay 0.0050% / 4h | 3h 38m | $56K | $43K | 10x |
| Short | MEXC BONER_USDT | 0.05041 | 0.0400 | get 0.0200% / 4h | 3h 38m | $330K | $197K | 20x |
Gate BONER_USDT
MEXC BONER_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: +2.252% → 0.000%
- $225.15
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $269.15
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Gate: no order-book sample; MEXC: live order book, 16 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 16 min ago | 31.28 bp | 595.1 bp −$595 | 1489.8 bp −$14.9K | doesn't fit | doesn't fit |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BONER 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 BONERUSDT | +0.0100% | 1h | 0.04917 | −0.257% | $6K | $19K | 5x | as long as short |
| Gate BONER_USDTlong | +0.0100% | 4h | 0.04930 | long leg | $56K | $43K | 10x | |
| BingX BONER-USDT | +0.0280% | 4h | 0.05045 | +2.333% | — | $1.0M | — | as long as short |
| MEXC BONER_USDTshort | +0.0400% | 4h | 0.05041 | +2.252% | $330K | $197K | 20x |
Aster BONERUSDT
BingX BONER-USDT