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: Gate against MEXC−0.062%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$950.947% 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 −0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.043% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC COW_USDT | 0.1611 | 0.0100 | pay 0.0050% / 4h | 1h 07m | $575K | $191K | 20x |
| Short | Gate COW_USDT | 0.1610 | 0.0100 | get 0.0050% / 4h | 1h 07m | $118K | $60K | 50x |
MEXC COW_USDT
Gate COW_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: −0.062% → −0.019%
- −$4.31
- Slippage, 4 orders
- −$75.66
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$98.97
- Costs to cover
- 0.947%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 28 min ago; Gate: live order book, 28 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, 28 min ago | 3.16 bp | 7.5 bp −$7 | 46.9 bp −$469 | 297.9 bp −$29.8K | doesn't fit |
| Sell Gate live order book, 28 min ago | 15.78 bp | 39.3 bp −$39 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COWUSDT | +0.0100% | 4h | 0.1613 | +0.094% | $30K | $12K | 5x | as long as short |
| Binance COWUSDT | +0.0100% | 4h | 0.1611 | −0.025% | $2.1M | $2.9M | 50x | as long as short |
| Bybit COWUSDT | +0.0100% | 4h | 0.1610 | −0.031% | $950K | $470K | 25x | as long as short |
| Gate COW_USDTshort | +0.0100% | 4h | 0.1610 | −0.062% | $118K | $60K | 50x | |
| MEXC COW_USDTlong | +0.0100% | 4h | 0.1611 | long leg | $575K | $191K | 20x | |
| KuCoin COWUSDTM | +0.0100% | 4h | 0.1610 | −0.062% | $228K | $42K | 20x | as long as short |
| Bitget COWUSDT | +0.0100% | 4h | 0.1609 | −0.124% | $374K | $174K | 50x | as long as short |
| BingX COW-USDT | +0.0100% | 4h | 0.1611 | 0.000% | — | $6.6M | — | as long as short |
| Variational Omni COW | +0.0100% | 4h | 0.1613 | +0.127% | $6K | $592 | — | as long as short |
| BloFin COW-USDT | +0.0110% | 4h | 0.1612 | +0.062% | $134K | $31K | 75x | as long as short |
Aster COWUSDT
Binance COWUSDT
Bybit COWUSDT
KuCoin COWUSDTM
Bitget COWUSDT
BingX COW-USDT
Variational Omni COW
BloFin 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 | −0.050% | $5K | $212 | 10x | as long as short |
Kraken Futures PF_COWUSD