Settings8H · net · $10k
Funding arb · Price arb /

BONER

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0300%/8h= −32.8% APRnext payment $1.50 per $10,000 · paid last 24h −0.090%
Price spread now: Gate against MEXC−1.706%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.383%−$38 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 1.706% cheaper against MEXC than usual: you would sell low and buy high (−$171 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BONER_USDT0.044550.0400pay 0.0200% / 4h2h 20m$273K$206K20x
ShortGate BONER_USDT0.043790.0100get 0.0050% / 4h2h 20m$49K$42K10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$63
Price spread: −1.706% → 0.000%
−$170.59
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$252.59
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 9 min ago; Gate: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 9 min ago46.30 bp544.0 bp −$5441145.8 bp −$11.5Kdoesn't fitdoesn't fit
Sell Gate no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BONERUSDT+0.0100%1h0.04366−2.006%$4K$16K5xas long as short
Gate BONER_USDTshort+0.0100%4h0.04379−1.706%$49K$42K10x
BingX BONER-USDT+0.0280%4h0.04460+0.112%$1.0Mas long as short
MEXC BONER_USDTlong+0.0400%4h0.04455long leg$273K$206K20x