Funding you earn now, next payment 08:00 UTC+0.0295%/8h= +32.3% APRnext payment +$2.95 per $10,000 · paid last 24h +0.015%
Price spread now: MEXC against Gate+0.136%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1641.641% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.136%, 7d avg +0.089%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and MEXC is 0.047% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.089%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.150% in total (about 7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.95 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 | Gate CORE_USDT | 0.02209 | −0.0144 | get 0.0144% / 8h | 7h 44m | $164K | $170K | 25x |
| Short | MEXC CORE_USDT | 0.02212 | 0.0151 | get 0.0151% / 8h | 7h 44m | $879K | $207K | 100x |
Gate CORE_USDT
MEXC CORE_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
- $61.95
- Price spread: +0.136% → +0.089%
- $4.69
- Slippage, 4 orders
- −$145.11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$97.47
- Costs to cover
- 1.641%
- Break-even
- 18.0 days
Slippage from Gate: live order book, 22 min ago; MEXC: live order book, 21 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, 22 min ago | 11.30 bp | 56.5 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 21 min ago | 4.51 bp | 19.0 bp −$19 | 68.7 bp −$687 | 117.6 bp −$11.8K | 221.3 bp −$110.7K |
CORE on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CORE | −0.0274% | 8h | 0.02206 | −0.151% | $8K | $892 | — | as long as short |
| Gate CORE_USDTlong | −0.0144% | 8h | 0.02209 | long leg | $164K | $170K | 25x | |
| Bybit COREUSDT | +0.0100% | 8h | 0.02209 | 0.000% | $1.4M | $864K | 20x | as long as short |
| OKX CORE-USDT-SWAP | +0.0100% | 8h | 0.02212 | +0.136% | $1.7M | $4.3M | 20x | as long as short |
| MEXC CORE_USDTshort | +0.0151% | 8h | 0.02212 | +0.136% | $879K | $207K | 100x | |
| BingX CORE-USDT | +0.0151% | 8h | 0.02214 | +0.226% | — | $1.3M | — | as long as short |
Variational Omni CORE
Bybit COREUSDT
OKX CORE-USDT-SWAP
BingX CORE-USDT