Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against MEXC−0.122%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$685as in the Funding arb table
Net, price: spread back to 7d avg − costs−$705as in the Price arb table
costs, in and out, $10k−$6886.878% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)+0.172%+$17 · spread now −0.122%, 7d avg +0.053%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.175% cheaper against MEXC than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC C98_USDT | 0.01637 | 0.0100 | pay 0.0100% / 8h | 1h 59m | $283K | $108K | 100x |
| Short | Gate C98_USDT | 0.01635 | 0.0100 | get 0.0100% / 8h | 1h 59m | $110K | $50K | 25x |
MEXC C98_USDT
Gate C98_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
- $0
- Price spread: −0.122% → +0.053%
- −$17.52
- Slippage, 4 orders
- −$668.79
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$705.31
- Costs to cover
- 6.878%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 30 min ago; Gate: live order book, 40 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, 30 min ago | 3.10 bp | 16.4 bp −$16 | 90.4 bp −$904 | 299.2 bp −$29.9K | 604.8 bp −$302.4K |
| Sell Gate live order book, 40 min ago | 6.17 bp | 235.4 bp −$235 | doesn't fit | doesn't fit | doesn't fit |
C98 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_C98USD | −0.0024% | 1h | 0.01642 | +0.312% | $15K | $4K | 10x | as long as short |
| Binance C98USDT | +0.0100% | 8h | 0.01640 | +0.183% | $1.4M | $2.0M | 50x | as long as short |
| Bybit C98USDT | +0.0100% | 8h | 0.01640 | +0.189% | $870K | $296K | 25x | as long as short |
| Gate C98_USDTshort | +0.0100% | 8h | 0.01635 | −0.122% | $110K | $50K | 25x | |
| MEXC C98_USDTlong | +0.0100% | 8h | 0.01637 | long leg | $283K | $108K | 100x | |
| KuCoin C98USDTM | +0.0100% | 8h | 0.01642 | +0.305% | $199K | $38K | 20x | as long as short |
| Bitget C98USDT | +0.0100% | 8h | 0.01641 | +0.244% | $192K | $348K | 50x | as long as short |
| Variational Omni C98 | +0.0100% | 8h | 0.01639 | +0.104% | $8K | $202 | — | as long as short |
| BloFin C98-USDT | +0.0105% | 8h | 0.01639 | +0.122% | $130K | $14K | 50x | as long as short |
Kraken Futures PF_C98USD
Binance C98USDT
Bybit C98USDT
KuCoin C98USDTM
Bitget C98USDT
Variational Omni C98
BloFin C98-USDT