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: Gate against MEXC−0.235%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$406as in the Funding arb table
Net, price: spread back to 7d avg − costs−$383as in the Price arb table
costs, in and out, $10k−$3683.683% of the position
Funding, last 7 days−0.373%−$37 on $10k
+Price spread, last 4 days (all we have)+0.282%+$28 · spread now −0.235%, 7d avg −0.090%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.145% cheaper against MEXC than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.090%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC COOKIE_USDT | 0.01277 | 0.0100 | pay 0.0050% / 4h | 1h 50m | $654K | $376K | 100x |
| Short | Gate COOKIE_USDT | 0.01274 | 0.0100 | get 0.0050% / 4h | 1h 50m | $130K | $238K | 25x |
MEXC COOKIE_USDT
Gate COOKIE_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: −0.235% → −0.090%
- −$14.54
- Slippage, 4 orders
- −$349.31
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$382.85
- Costs to cover
- 3.683%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 49 min ago; Gate: live order book, 51 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, 49 min ago | 12.01 bp | 17.7 bp −$18 | 136.4 bp −$1,364 | 518.3 bp −$51.8K | doesn't fit |
| Sell Gate live order book, 51 min ago | 11.91 bp | 171.5 bp −$171 | doesn't fit | doesn't fit | 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 | 0.01279 | +0.131% | $2.1M | $9.9M | 20x | as long as short |
| Bybit COOKIEUSDT | +0.0100% | 4h | 0.01274 | −0.219% | $879K | $1.6M | 25x | as long as short |
| Gate COOKIE_USDTshort | +0.0100% | 4h | 0.01274 | −0.235% | $130K | $238K | 25x | |
| MEXC COOKIE_USDTlong | +0.0100% | 4h | 0.01277 | long leg | $654K | $376K | 100x | |
| KuCoin COOKIEUSDTM | +0.0100% | 4h | 0.01273 | −0.313% | $232K | $162K | 20x | as long as short |
| BingX COOKIE-USDT | +0.0100% | 4h | 0.01275 | −0.133% | — | $6.6M | — | as long as short |
| Variational Omni COOKIE | +0.0100% | 4h | 0.01275 | −0.181% | $13K | $20K | — | as long as short |
| Bitget COOKIEUSDT | +0.0108% | 4h | 0.01279 | +0.157% | $369K | $320K | 5x | as long as short |
| Kraken Futures PF_COOKIEUSD | +0.1000% | 1h | 0.01276 | −0.053% | $16K | $43K | 10x | as long as short |
Binance COOKIEUSDT
Bybit COOKIEUSDT
KuCoin COOKIEUSDTM
BingX COOKIE-USDT
Variational Omni COOKIE
Bitget COOKIEUSDT
Kraken Futures PF_COOKIEUSD