Funding arb · Price arb /

COLLECT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.024%

Price spread now: Gate against MEXC+0.225%7-day average +0.093% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,403as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,390as in the Price arb table

costs, in and out, $10k−$1,40314.032% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.285%−$28 · spread now +0.225%, 7d avg +0.093%

Together, before fees−0.285%−$28 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.132% dearer against MEXC than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.093%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC COLLECT_USDT	0.01780	0.0100	pay 0.0050% / 4h	51m 21s	$535K	$123K	50x
Short	Gate COLLECT_USDT	0.01784	0.0100	get 0.0050% / 4h	51m 21s	$255K	$58K	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee GatebpOrdersPrice spread, now +0.225%Rate

Funding earned: $0
Price spread: +0.225% → +0.093%: $13.16
Slippage, 4 orders: −$1,384.17
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,390.01
Costs to cover: 14.032%
Break-even: never at this rate

Slippage from MEXC: live order book, 63 min ago; Gate: live order book, 65 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, 63 min ago	13.98 bp	49.3 bp −$49	148.4 bp −$1,484	365.2 bp −$36.5K	doesn't fit
Sell Gate live order book, 65 min ago	5.59 bp	468.8 bp −$469	doesn't fit	doesn't fit	doesn't fit

COLLECT 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
BloFin COLLECT-USDT	+0.0043%	4h	0.01780	0.000%	$330K	$6K	20x	as long as short
Aster COLLECTUSDT	+0.0100%	4h	0.01776	−0.216%	$352K	$30K	5x	as long as short
Binance COLLECTUSDT	+0.0100%	4h	0.01780	0.000%	$5.0M	$1.9M	20x	as long as short
Gate COLLECT_USDTshort	+0.0100%	4h	0.01784	+0.225%	$255K	$58K	20x
MEXC COLLECT_USDTlong	+0.0100%	4h	0.01780	long leg	$535K	$123K	50x
BingX COLLECT-USDT	+0.0100%	4h	0.01780	0.000%	—	$2.3M	—	as long as short
Extended COLLECT-USD	+0.0104%	1h	0.01780	0.000%	$7K	$293K	5x	as long as short
KuCoin COLLECTUSDTM	+0.0116%	4h	0.01780	0.000%	$717K	$65K	20x	as long as short