Funding you earn now, next payment 04:00 UTC−0.1114%/8h= −122.0% APRnext payment −$5.57 per $10,000 · paid last 24h −0.250%
Price spread now: Gate against MEXC−0.350%7-day average −0.147% · you buy dearer than you sell
Net, funding: paid 7d − costs−$349as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$1801.795% of the position
Funding, last 7 days−1.690%−$169 on $10k
+Price spread, last 7 days+0.312%+$31 · spread now −0.350%, 7d avg −0.147%
=Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and Gate is 0.203% cheaper against MEXC than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.147%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BR_USDT | 1.1125 | 0.1214 | pay 0.0607% / 4h | 3h 42m | $15.2M | $7.4M | 100x |
| Short | Gate BR_USDT | 1.1086 | 0.0100 | get 0.0050% / 4h | 3h 42m | $7.4M | $8.7M | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$233.94
- Price spread: −0.350% → −0.147%
- −$20.29
- Slippage, 4 orders
- −$160.53
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$433.77
- Costs to cover
- 1.795%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago | 5.24 bp | 44.0 bp −$44 | 81.5 bp −$815 | 216.0 bp −$21.6K | 530.0 bp −$265.0K |
| Sell Gate live order book, 1 min ago | 2.44 bp | 54.8 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BR_USDTshort | +0.0100% | 4h | 1.1086 | −0.350% | $7.4M | $8.7M | 20x | |
| Variational Omni BR | +0.0100% | 4h | 1.1127 | +0.020% | $266K | $293K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1121 | −0.031% | — | $715K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1104 | −0.190% | $84K | $247K | 20x | as long as short |
| KuCoin BRUSDTM | +0.0126% | 4h | 1.1110 | −0.131% | $4.8M | $5.4M | 30x | as long as short |
| Bybit BRUSDT | +0.0216% | 4h | 1.1086 | −0.351% | $10.8M | $25.8M | 5x | as long as short |
| BingX BR-USDT | +0.0258% | 4h | 1.1100 | −0.227% | — | $6.3M | — | as long as short |
| Bitget BRUSDT | +0.0304% | 4h | 1.1097 | −0.250% | $8.1M | $12.5M | 10x | as long as short |
| Aster BRUSDT | +0.0469% | 4h | 1.1111 | −0.125% | $685K | $2.9M | 5x | as long as short |
| Binance BRUSDT | +0.1212% | 4h | 1.1101 | −0.210% | $53.1M | $162.1M | 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_USDTlong | +0.1214% | 4h | 1.1125 | long leg | $15.2M | $7.4M | 100x |
MEXC BR_USDT
Gate BR_USDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
KuCoin BRUSDTM
Bybit BRUSDT
BingX BR-USDT
Bitget BRUSDT
Aster BRUSDT
Binance BRUSDT