Funding you earn now, next payment 00:00 UTC−0.1692%/8h= −185.3% APRnext payment −$8.46 per $10,000 · paid last 24h −0.160%
Price spread now: Gate against MEXC+0.402%7-day average +0.136% · you sell dearer than you buy
Net, funding: paid 7d − costs−$372as in the Funding arb table
Net, price: spread back to 7d avg − costs−$376as in the Price arb table
costs, in and out, $10k−$4034.027% of the position
Funding, last 7 days+0.311%+$31 on $10k
+Price spread, last 7 days−0.277%−$28 · spread now +0.402%, 7d avg +0.136%
=The price spread pays, funding is against you. Gate is 0.265% dearer against MEXC than usual: you sell high and buy low (spread +0.402% now, against its 7-day average of +0.136%): +$27 on $10k if it goes back. Holding the pair costs −$51 a day in funding at the current rate, which eats that in about 13 hours. Mind the row above: over the last 7 days funding on this pair paid +0.311%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.311% in total (about 16.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.46 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 | MEXC BULLA_USDT | 0.1066 | 0.1980 | pay 0.0990% / 4h | 1h 37m | $7.7M | $420K | 20x |
| Short | Gate BULLA_USDT | 0.1070 | 0.0288 | get 0.0144% / 4h | 1h 37m | $1.3M | $235K | 10x |
MEXC BULLA_USDT
Gate BULLA_USDTFunding 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
- −$355.32
- Price spread: +0.402% → +0.136%
- $26.53
- Slippage, 4 orders
- −$383.72
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$731.51
- Costs to cover
- 4.027%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Gate: live order book, 5 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 | 1.41 bp | 20.3 bp −$20 | 57.5 bp −$575 | 326.1 bp −$32.6K | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.80 bp | 134.1 bp −$134 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BULLA_USDTshort | +0.0288% | 4h | 0.1070 | +0.402% | $1.3M | $235K | 10x | |
| Aster BULLAUSDT | +0.0790% | 4h | 0.1065 | −0.058% | $6.0M | $1.0M | 5x | as long as short |
| BingX BULLA-USDT | +0.1882% | 4h | 0.1066 | +0.066% | — | $6.6M | — | as long as short |
| MEXC BULLA_USDTlong | +0.1980% | 4h | 0.1066 | long leg | $7.7M | $420K | 20x | |
| Binance BULLAUSDT | +0.1985% | 4h | 0.1065 | −0.028% | $11.6M | $9.2M | 10x | as long as short |
Aster BULLAUSDT
BingX BULLA-USDT
Binance BULLAUSDT