Funding you earn now, next payment 04:00 UTC−0.0362%/8h= −39.6% APRnext payment −$1.81 per $10,000 · paid last 24h +0.023%
Price spread now: MEXC against Gate−0.708%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.271%+$27 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and MEXC is 0.708% cheaper against Gate than usual: you would sell low and buy high (−$71 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.271%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BREW_USDT | 0.005789 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $140K | $332K | 10x |
| Short | MEXC BREW_USDT | 0.005748 | −0.0262 | pay 0.0131% / 4h | 2h 54m | $22K | $82K | 20x |
Gate BREW_USDT
MEXC BREW_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
- −$76.02
- Price spread: −0.708% → 0.000%
- −$70.82
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$165.84
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 10 min ago; MEXC: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 10 min ago | 24.95 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC no order-book sample | — | — | — | — | — |
MEXC: 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.
BREW 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC BREW_USDTshort | −0.0262% | 4h | 0.005748 | −0.708% | $22K | $82K | 20x | |
| BingX BREW-USDT | −0.0262% | 4h | 0.005856 | +1.157% | — | $1.1M | — | as long as short |
| Gate BREW_USDTlong | +0.0100% | 4h | 0.005789 | long leg | $140K | $332K | 10x | |
| Aster BREWUSDT | +0.1900% | 1h | 0.005827 | +0.658% | $33K | $27K | 3x | as long as short |
BingX BREW-USDT
Aster BREWUSDT