Funding you earn now, next payment 04:00 UTC+0.0758%/8h= +83.0% APRnext payment +$3.79 per $10,000 · paid last 24h +0.250%
Price spread now: MEXC against Gate+0.005%7-day average +0.147% · you sell dearer than you buy
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1661.655% of the position
Funding, last 7 days+1.691%+$169 on $10k
+Price spread, last 7 days+0.048%+$5 · spread now +0.005%, 7d avg +0.147%
=Funding pays, the price is against you. MEXC is 0.142% cheaper against Gate than usual: you would sell low and buy high (spread +0.005% now, against its 7-day average of +0.147%). If the spread goes back, that is −$14 on $10k: about 15 hours of funding at the current rate (+$23 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BR_USDT | 1.1140 | 0.0100 | pay 0.0050% / 4h | 53m 18s | $7.4M | $8.2M | 20x |
| Short | MEXC BR_USDT | 1.1140 | 0.0858 | get 0.0429% / 4h | 53m 18s | $15.1M | $6.8M | 100x |
Funding 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
- $159.18
- Price spread: +0.005% → +0.147%
- −$14.18
- Slippage, 4 orders
- −$146.54
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$20.53
- Costs to cover
- 1.655%
- Break-even
- 7.9 days
Slippage from Gate: live order book, 5 min ago; MEXC: live order book, just now.
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, 5 min ago | 3.01 bp | 52.0 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, just now | 4.14 bp | 37.8 bp −$38 | 62.8 bp −$628 | 215.8 bp −$21.6K | 531.3 bp −$265.6K |
BR on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDT | +0.0080% | 4h | 1.1138 | −0.018% | — | $6.0M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1126 | −0.123% | $10.7M | $24.1M | 5x | as long as short |
| Gate BR_USDTlong | +0.0100% | 4h | 1.1140 | long leg | $7.4M | $8.2M | 20x | |
| Variational Omni BR | +0.0100% | 4h | 1.1001 | −1.247% | $258K | $270K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1164 | +0.214% | — | $714K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1187 | +0.427% | $86K | $245K | 20x | as long as short |
| Bitget BRUSDT | +0.0172% | 4h | 1.1126 | −0.120% | $8.1M | $11.4M | 10x | as long as short |
| KuCoin BRUSDTM | +0.0214% | 4h | 1.1119 | −0.186% | $4.8M | $5.1M | 30x | as long as short |
| Aster BRUSDT | +0.0551% | 4h | 1.1100 | −0.361% | $653K | $2.5M | 5x | as long as short |
| Binance BRUSDT | +0.0843% | 4h | 1.1145 | +0.045% | $53.2M | $148.3M | 25x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BR_USDTshort | +0.0858% | 4h | 1.1140 | +0.005% | $15.1M | $6.8M | 100x |
Gate BR_USDT
MEXC BR_USDT
BingX BR-USDT
Bybit BRUSDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
Bitget BRUSDT
KuCoin BRUSDTM
Aster BRUSDT
Binance BRUSDT