Funding you earn now, next payment 00:00 UTC−0.1370%/8h= −150.0% APRnext payment −$6.85 per $10,000 · paid last 24h −0.113%
Price spread now: Gate against MEXC+0.073%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$740.737% of the position
Funding, last 7 days+0.110%+$11 on $10k
+Price spread, last 4 days (all we have)−0.148%−$15 · spread now +0.073%, 7d avg +0.073%
=The price spread sits at its 7-day average of +0.073%, so right now this pair is about funding alone: −$41 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.110%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.110% in total (about 5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.85 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 | MEXC CVC_USDT | 0.02726 | 0.0062 | pay 0.0031% / 4h | 2h 50m | $657K | $117K | 20x |
| Short | Gate CVC_USDT | 0.02728 | −0.1308 | pay 0.0654% / 4h | 2h 50m | $208K | $308K | 25x |
MEXC CVC_USDT
Gate CVC_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
- −$287.7
- Price spread: +0.073% → +0.073%
- $0.06
- Slippage, 4 orders
- −$54.75
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$361.39
- Costs to cover
- 0.737%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 33 min ago; Gate: live order book, 34 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, 33 min ago | 1.83 bp | 8.5 bp −$8 | 25.6 bp −$256 | 161.5 bp −$16.2K | doesn't fit |
| Sell Gate live order book, 34 min ago | 5.49 bp | 29.8 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
CVC on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVC_USDTshort | −0.1308% | 4h | 0.02728 | +0.073% | $208K | $308K | 25x | |
| BingX CVC-USDT | +0.0018% | 4h | 0.02721 | −0.183% | — | $2.4M | — | as long as short |
| Bitget CVCUSDT | +0.0052% | 4h | 0.02725 | −0.037% | $462K | $465K | 50x | as long as short |
| MEXC CVC_USDTlong | +0.0062% | 4h | 0.02726 | long leg | $657K | $117K | 20x | |
| Binance CVCUSDT | +0.0064% | 4h | 0.02727 | +0.037% | $2.9M | $5.6M | 50x | as long as short |
| Bybit CVCUSDT | +0.0100% | 1h | 0.02708 | −0.660% | $1.7M | $1.4M | 25x | as long as short |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02731 | +0.183% | $1.4M | $399K | 30x | as long as short |
| Variational Omni CVC | +0.2434% | 1h | 0.02708 | −0.660% | $1K | $370 | — | as long as short |
BingX CVC-USDT
Bitget CVCUSDT
Binance CVCUSDT
Bybit CVCUSDT
KuCoin CVCUSDTM
Variational Omni CVC