Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.068%
Price spread now: MEXC against Gate+1.752%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$257as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$2942.941% of the position
Funding, last 7 days+0.373%+$37 on $10k
+Price spread, last 4 days (all we have)−1.789%−$179 · spread now +1.752%, 7d avg +0.088%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 1.664% dearer against Gate than usual: you sell high and buy low, +$166 on $10k if it goes back to its 7-day average of +0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate COOKIE_USDT | 0.01313 | 0.0100 | pay 0.0050% / 4h | 1h 07m | $141K | $298K | 25x |
| Short | MEXC COOKIE_USDT | 0.01336 | 0.0100 | get 0.0050% / 4h | 1h 07m | $680K | $434K | 100x |
Gate COOKIE_USDT
MEXC COOKIE_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
- $0
- Price spread: +1.752% → +0.088%
- $166.41
- Slippage, 4 orders
- −$275.06
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$127.65
- Costs to cover
- 2.941%
- Break-even
- never at this rate
Slippage from Gate: live order book, 29 min ago; MEXC: live order book, 27 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, 29 min ago | 7.74 bp | 154.1 bp −$154 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 27 min ago | 11.70 bp | 18.8 bp −$19 | 81.4 bp −$814 | 607.6 bp −$60.8K | doesn't fit |
COOKIE 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance COOKIEUSDT | +0.0100% | 4h | 0.01307 | −0.495% | $2.4M | $13.0M | 20x | as long as short |
| Bybit COOKIEUSDT | +0.0100% | 4h | 0.01309 | −0.297% | $1.1M | $2.2M | 25x | as long as short |
| Gate COOKIE_USDTlong | +0.0100% | 4h | 0.01313 | long leg | $141K | $298K | 25x | |
| MEXC COOKIE_USDTshort | +0.0100% | 4h | 0.01336 | +1.752% | $680K | $434K | 100x | |
| KuCoin COOKIEUSDTM | +0.0100% | 4h | 0.01342 | +2.209% | $235K | $201K | 20x | as long as short |
| Bitget COOKIEUSDT | +0.0100% | 4h | 0.01311 | −0.152% | $397K | $396K | 5x | as long as short |
| BingX COOKIE-USDT | +0.0100% | 4h | 0.01311 | −0.190% | — | $6.6M | — | as long as short |
| Variational Omni COOKIE | +0.0100% | 4h | 0.01377 | +4.912% | $14K | $20K | — | as long as short |
| Kraken Futures PF_COOKIEUSD | +0.0951% | 1h | 0.01343 | +2.262% | $16K | $48K | 10x | as long as short |
Binance COOKIEUSDT
Bybit COOKIEUSDT
KuCoin COOKIEUSDTM
Bitget COOKIEUSDT
BingX COOKIE-USDT
Variational Omni COOKIE
Kraken Futures PF_COOKIEUSD