DATA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0396%/8h= −43.4% APRnext payment −$1.98 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against MEXC+0.142%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Gate is 0.142% dearer against MEXC than usual: you sell high and buy low (spread +0.142% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 29 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.001% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.98 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 DATA_USDT	0.2119	0.0100	pay 0.0050% / 4h	3h 44m	$97K	$253K	20x
Short	Gate DATA_USDT	0.2122	−0.0296	pay 0.0148% / 4h	3h 44m	$92K	$19K	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee GatebpOrdersPrice spread, now +0.142%Rate

Funding earned: −$83.16
Price spread: +0.142% → 0.000%: $14.16
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$88
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 10 min ago; Gate: no order-book sample. Net counts fees only.

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, 10 min ago	2.39 bp	15.1 bp −$15	81.5 bp −$815	471.1 bp −$47.1K	doesn't fit
Sell Gate no order-book sample	—	—	—	—	—

Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

DATA on 9 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 DATA_USDTshort	−0.0296%	4h	0.2122	+0.142%	$92K	$19K	20x
Bybit DATAUSDT	+0.0011%	4h	0.2120	+0.066%	$893K	$445K	20x	as long as short
Lighter DATA	+0.0096%	1h	0.2123	+0.189%	$42K	$122K	10x	as long as short
OKX DATA-USDT-SWAP	+0.0100%	4h	0.2118	−0.047%	$929K	$1.9M	20x	as long as short
MEXC DATA_USDTlong	+0.0100%	4h	0.2119	long leg	$97K	$253K	20x
KuCoin DATAUSDTM	+0.0100%	4h	0.2121	+0.109%	$167K	$997K	30x	as long as short
Bitget DATAUSDT	+0.0100%	4h	0.2119	0.000%	$542K	$117K	50x	as long as short
Extended DATA-USD	+0.0104%	1h	0.2120	+0.057%	$935	—	5x	as long as short
BloFin DATA-USDT	+0.0117%	4h	0.2114	−0.236%	$82K	$5K	20x	as long as short