Funding you earn now, next payment 00:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.51 per $10,000 · paid last 24h −0.015%
Price spread now: Gate against MEXC−0.134%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1681.677% of the position
Funding, last 7 days−0.151%−$15 on $10k
+Price spread, last 4 days (all we have)+0.035%+$4 · spread now −0.134%, 7d avg −0.092%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.043% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.092%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CORE_USDT | 0.02233 | 0.0151 | pay 0.0151% / 8h | 2h 17m | $880K | $208K | 100x |
| Short | Gate CORE_USDT | 0.02230 | 0.0100 | get 0.0100% / 8h | 2h 17m | $170K | $167K | 25x |
MEXC CORE_USDT
Gate CORE_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
- −$10.71
- Price spread: −0.134% → −0.092%
- −$4.27
- Slippage, 4 orders
- −$148.65
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$182.64
- Costs to cover
- 1.677%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 67 min ago; Gate: live order book, 66 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, 67 min ago | 4.47 bp | 19.1 bp −$19 | 72.1 bp −$721 | 127.6 bp −$12.8K | 222.8 bp −$111.4K |
| Sell Gate live order book, 66 min ago | 6.71 bp | 69.7 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0366% | 8h | 0.02230 | −0.117% | $8K | $872 | — | as long as short |
| Bybit COREUSDT | −0.0168% | 8h | 0.02230 | −0.134% | $1.4M | $827K | 20x | as long as short |
| OKX CORE-USDT-SWAP | +0.0100% | 8h | 0.02235 | +0.090% | $1.8M | $4.2M | 20x | as long as short |
| Gate CORE_USDTshort | +0.0100% | 8h | 0.02230 | −0.134% | $170K | $167K | 25x | |
| MEXC CORE_USDTlong | +0.0151% | 8h | 0.02233 | long leg | $880K | $208K | 100x | |
| BingX CORE-USDT | +0.0151% | 8h | 0.02234 | +0.045% | — | $1.3M | — | as long as short |
Variational Omni CORE
Bybit COREUSDT
OKX CORE-USDT-SWAP
BingX CORE-USDT