Funding you earn now, next payment 04:00 UTC−0.0594%/8h= −65.0% APRnext payment −$2.97 per $10,000 · paid last 24h +0.195%
Price spread now: MEXC against Gate−0.368%7-day average −0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs−$514as in the Funding arb table
Net, price: spread back to 7d avg − costs−$514as in the Price arb table
costs, in and out, $10k−$4914.914% of the position
Funding, last 7 days−0.224%−$22 on $10k
+Price spread, last 7 days+0.171%+$17 · spread now −0.368%, 7d avg −0.143%
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and MEXC is 0.225% cheaper against Gate than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.143%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.224% in total (about -11.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.97 per $10,000. 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 BULLA_USDT | 0.1107 | 0.2302 | pay 0.1151% / 4h | 2h 27m | $1.4M | $311K | 10x |
| Short | MEXC BULLA_USDT | 0.1103 | 0.1708 | get 0.0854% / 4h | 2h 27m | $8.0M | $419K | 20x |
Gate BULLA_USDT
MEXC BULLA_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
- −$124.74
- Price spread: −0.368% → −0.143%
- −$22.5
- Slippage, 4 orders
- −$472.42
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$638.66
- Costs to cover
- 4.914%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; MEXC: 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 Gate live order book, 5 min ago | 2.49 bp | 292.9 bp −$293 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 2.72 bp | 21.6 bp −$22 | 54.6 bp −$546 | 371.4 bp −$37.1K | doesn't fit |
BULLA on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BULLAUSDT | +0.0322% | 4h | 0.1100 | −0.608% | $6.2M | $1.1M | 5x | as long as short |
| BingX BULLA-USDT | +0.1652% | 4h | 0.1103 | −0.350% | — | $6.6M | — | as long as short |
| Binance BULLAUSDT | +0.1699% | 4h | 0.1103 | −0.341% | $12.3M | $9.9M | 10x | as long as short |
| MEXC BULLA_USDTshort | +0.1708% | 4h | 0.1103 | −0.368% | $8.0M | $419K | 20x | |
| Gate BULLA_USDTlong | +0.2302% | 4h | 0.1107 | long leg | $1.4M | $311K | 10x |
Aster BULLAUSDT
BingX BULLA-USDT
Binance BULLAUSDT