Funding you earn now, next payment 04:00 UTC+0.0664%/8h= +72.7% APRnext payment +$3.32 per $10,000 · paid last 24h +0.010%
Price spread now: Gate against MEXC+0.251%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1541.541% of the position
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 4 days (all we have)−0.217%−$22 · spread now +0.251%, 7d avg +0.056%
=Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Gate is 0.195% dearer against MEXC than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.056%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.166% in total (about 8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.32 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 CYS_USDT | 0.1594 | 0.0132 | pay 0.0066% / 4h | 3m 12s | $1.4M | $237K | 50x |
| Short | Gate CYS_USDT | 0.1598 | 0.0796 | get 0.0398% / 4h | 3m 12s | $620K | $108K | 20x |
MEXC CYS_USDT
Gate CYS_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
- $139.44
- Price spread: +0.251% → +0.056%
- $19.46
- Slippage, 4 orders
- −$139.13
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $4.76
- Costs to cover
- 1.541%
- Break-even
- 6.8 days
Slippage from MEXC: live order book, 3 min ago; Gate: live order book, 53 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, 3 min ago | 3.13 bp | 18.1 bp −$18 | 74.7 bp −$747 | 468.4 bp −$46.8K | doesn't fit |
| Sell Gate live order book, 53 min ago | 9.52 bp | 55.5 bp −$56 | 114.7 bp −$1,147 | doesn't fit | doesn't fit |
CYS on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CYSUSDTM | +0.0100% | 4h | 0.1595 | +0.063% | $1.3M | $132K | 20x | as long as short |
| Bitget CYSUSDT | +0.0100% | 4h | 0.1596 | +0.100% | $1.7M | $682K | 25x | as long as short |
| Binance CYSUSDT | +0.0127% | 4h | 0.1595 | +0.063% | $4.3M | $4.5M | 20x | as long as short |
| MEXC CYS_USDTlong | +0.0132% | 4h | 0.1594 | long leg | $1.4M | $237K | 50x | |
| edgeX CYSUSDC | +0.0153% | 4h | 0.1596 | +0.108% | $7K | $110K | 10x | as long as short |
| Aster CYSUSDT | +0.0172% | 4h | 0.1594 | +0.028% | $255K | $86K | 10x | as long as short |
| Variational Omni CYS | +0.0191% | 4h | 0.1602 | +0.484% | $34K | $13K | — | as long as short |
| BingX CYS-USDT | +0.0388% | 4h | 0.1596 | +0.125% | — | $1.3M | — | as long as short |
| Bybit CYSUSDT | +0.0411% | 4h | 0.1596 | +0.125% | $1.5M | $1.0M | 13x | as long as short |
| Gate CYS_USDTshort | +0.0796% | 4h | 0.1598 | +0.251% | $620K | $108K | 20x |
KuCoin CYSUSDTM
Bitget CYSUSDT
Binance CYSUSDT
edgeX CYSUSDC
Aster CYSUSDT
Variational Omni CYS
BingX CYS-USDT
Bybit CYSUSDT