Funding you earn now, next payment 04:00 UTC+0.0596%/8h= +65.3% APRpaid last 24h +0.138%
Price spread now: MEXC against Gate+0.139%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1121.116% of the position
Funding, last 7 days+0.291%+$29 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now +0.139%, 7d avg +0.102%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and MEXC is 0.038% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.102%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.291% in total (about 15.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BTR_USDT | 0.05019 | 0.0126 | pay 0.0126% / 8h | 5h 17m | $730K | $284K | 20x |
| Short | MEXC BTR_USDT | 0.05026 | 0.0722 | get 0.0361% / 4h | 1h 17m | $1.5M | $153K | 20x |
Gate BTR_USDT
MEXC BTR_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
- $125.16
- Price spread: +0.139% → +0.102%
- $3.79
- Slippage, 4 orders
- −$96.63
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $17.32
- Costs to cover
- 1.116%
- Break-even
- 6.0 days
Slippage from Gate: live order book, 44 min ago; MEXC: live order book, 4 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 Gate live order book, 44 min ago | 7.92 bp | 44.0 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.00 bp | 13.4 bp −$13 | 56.3 bp −$563 | 186.4 bp −$18.6K | doesn't fit |
BTR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTRUSDT | +0.0100% | 4h | 0.05031 | +0.239% | $3.1M | $1.1M | 25x | as long as short |
| KuCoin BTRUSDTM | +0.0100% | 4h | 0.05016 | −0.060% | $1.4M | $190K | 10x | as long as short |
| HTX BTR-USDT | +0.0100% | 4h | 0.05031 | +0.239% | $11K | $312K | 10x | as long as short |
| Gate BTR_USDTlong | +0.0126% | 8h | 0.05019 | long leg | $730K | $284K | 20x | |
| BingX BTR-USDT | +0.0692% | 4h | 0.05027 | +0.159% | — | $6.5M | — | as long as short |
| Aster BTRUSDT | +0.0705% | 4h | 0.05019 | −0.007% | $89K | $12K | 5x | as long as short |
| MEXC BTR_USDTshort | +0.0722% | 4h | 0.05026 | +0.139% | $1.5M | $153K | 20x | |
| Binance BTRUSDT | +0.0723% | 4h | 0.05030 | +0.213% | $5.3M | $3.9M | 10x | as long as short |
Bybit BTRUSDT
KuCoin BTRUSDTM
HTX BTR-USDT
BingX BTR-USDT
Aster BTRUSDT
Binance BTRUSDT