Funding you earn now, next payment 04:00 UTC+0.1048%/8h= +114.8% APRnext payment +$5.24 per $10,000 · paid last 24h +0.019%
Price spread now: Gate against MEXC+0.326%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1711.711% of the position
Funding, last 7 days−0.211%−$21 on $10k
+Price spread, last 4 days (all we have)−0.227%−$23 · spread now +0.326%, 7d avg +0.096%
=Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and Gate is 0.230% dearer against MEXC than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.096%. Mind the row above: over the last 7 days funding on this pair cost −0.211%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.211% in total (about -11.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.24 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 C_USDT | 0.07979 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $218K | $203K | 50x |
| Short | Gate C_USDT | 0.08005 | 0.1148 | get 0.0574% / 4h | 2h 55m | $326K | $561K | 20x |
MEXC C_USDT
Gate C_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
- $220.08
- Price spread: +0.326% → +0.096%
- $23
- Slippage, 4 orders
- −$152.12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $71.96
- Costs to cover
- 1.711%
- Break-even
- 4.7 days
Slippage from MEXC: live order book, 59 min ago; Gate: live order book, 11 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, 59 min ago | 11.13 bp | 20.7 bp −$21 | 66.5 bp −$665 | 236.1 bp −$23.6K | 568.2 bp −$284.1K |
| Sell Gate live order book, 11 min ago | 9.24 bp | 72.3 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
C on 9 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 CUSDT | +0.0100% | 4h | 0.07990 | +0.142% | $31K | $103K | 5x | as long as short |
| Binance CUSDT | +0.0100% | 4h | 0.07981 | +0.020% | $6.5M | $12.6M | 50x | as long as short |
| MEXC C_USDTlong | +0.0100% | 4h | 0.07979 | long leg | $218K | $203K | 50x | |
| KuCoin CUSDTM | +0.0100% | 4h | 0.07965 | −0.175% | $641K | $148K | 25x | as long as short |
| Bitget CUSDT | +0.0100% | 4h | 0.07982 | +0.038% | $436K | $1.0M | 20x | as long as short |
| Variational Omni C | +0.0100% | 4h | 0.07993 | +0.172% | $615 | $13K | — | as long as short |
| Gate C_USDTshort | +0.1148% | 4h | 0.08005 | +0.326% | $326K | $561K | 20x | |
| BingX C-USDT | +0.1688% | 4h | 0.07982 | +0.038% | — | $2.4M | — | as long as short |
| Bybit CUSDT | +0.1795% | 4h | 0.07984 | +0.063% | $1.2M | $1.8M | 13x | as long as short |
Aster CUSDT
Binance CUSDT
KuCoin CUSDTM
Bitget CUSDT
Variational Omni C
BingX C-USDT
Bybit CUSDT