Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate+0.062%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1001.002% of the position
Funding, last 7 days+0.181%+$18 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.062%, 7d avg +0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.044% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate COW_USDT | 0.1608 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $119K | $58K | 50x |
| Short | MEXC COW_USDT | 0.1609 | 0.0100 | get 0.0050% / 4h | 1h 58m | $582K | $186K | 20x |
Gate COW_USDT
MEXC COW_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: +0.062% → +0.018%
- $4.37
- Slippage, 4 orders
- −$81.2
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$95.83
- Costs to cover
- 1.002%
- Break-even
- never at this rate
Slippage from Gate: live order book, 41 min ago; MEXC: live order book, 41 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, 41 min ago | 12.64 bp | 46.4 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 41 min ago | 3.16 bp | 6.4 bp −$6 | 37.2 bp −$372 | 279.1 bp −$27.9K | doesn't fit |
COW on 11 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 COW-USDT | +0.0065% | 4h | 0.1610 | +0.124% | $133K | $30K | 75x | as long as short |
| Aster COWUSDT | +0.0100% | 4h | 0.1610 | +0.155% | $30K | $12K | 5x | as long as short |
| Binance COWUSDT | +0.0100% | 4h | 0.1611 | +0.187% | $2.1M | $2.8M | 50x | as long as short |
| Gate COW_USDTlong | +0.0100% | 4h | 0.1608 | long leg | $119K | $58K | 50x | |
| MEXC COW_USDTshort | +0.0100% | 4h | 0.1609 | +0.062% | $582K | $186K | 20x | |
| KuCoin COWUSDTM | +0.0100% | 4h | 0.1608 | 0.000% | $237K | $39K | 20x | as long as short |
| Bitget COWUSDT | +0.0100% | 4h | 0.1609 | +0.062% | $384K | $194K | 50x | as long as short |
| Variational Omni COW | +0.0100% | 4h | 0.1611 | +0.174% | $6K | $592 | — | as long as short |
| Bybit COWUSDT | +0.0160% | 4h | 0.1611 | +0.168% | $956K | $463K | 25x | as long as short |
| BingX COW-USDT | +0.0198% | 4h | 0.1609 | +0.062% | — | $6.6M | — | as long as short |
BloFin COW-USDT
Aster COWUSDT
Binance COWUSDT
KuCoin COWUSDTM
Bitget COWUSDT
Variational Omni COW
Bybit COWUSDT
BingX COW-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_COWUSD | +0.0943% | 1h | 0.1610 | +0.111% | $5K | $212 | 10x | as long as short |
Kraken Futures PF_COWUSD