Funding you earn now, next payment 04:00 UTC−0.0300%/8h= −32.8% APRnext payment −$1.50 per $10,000 · paid last 24h −0.110%
Price spread now: Gate against MEXC−0.950%7-day average −0.214% · you buy dearer than you sell
Net, funding: paid 7d − costs−$5,737as in the Funding arb table
Net, price: spread back to 7d avg − costs−$5,796as in the Price arb table
costs, in and out, $10k−$5,72257.220% of the position
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 4 days (all we have)+0.837%+$84 · spread now −0.950%, 7d avg −0.214%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.736% cheaper against MEXC than usual: you would sell low and buy high (−$74 if the spread goes back to its 7-day average of −0.214%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.146% in total (about -7.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.50 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 DELTA_USDT | 0.02010 | 0.0400 | pay 0.0200% / 4h | 1h 42m | $33K | $151K | 20x |
| Short | Gate DELTA_USDT | 0.01991 | 0.0100 | get 0.0050% / 4h | 1h 42m | $60K | $301K | 10x |
MEXC DELTA_USDT
Gate DELTA_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
- −$63
- Price spread: −0.950% → −0.214%
- −$73.61
- Slippage, 4 orders
- −$5,686.99
- Fee MEXC: 10 bp × 2 orders
- −$20
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$5,858.6
- Costs to cover
- 57.220%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 58 min ago; Gate: live order book, 15 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, 58 min ago | 50.17 bp | 383.0 bp −$383 | 20427.2 bp −$204.3K | doesn't fit | doesn't fit |
| Sell Gate live order book, 15 min ago | 110.26 bp | 4057.7 bp −$4,058 | doesn't fit | doesn't fit | doesn't fit |
DELTA on 4 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 DELTAUSDT | +0.0100% | 1h | 0.01988 | −1.070% | $20K | $34K | 5x | as long as short |
| Gate DELTA_USDTshort | +0.0100% | 4h | 0.01991 | −0.950% | $60K | $301K | 10x | |
| MEXC DELTA_USDTlong | +0.0400% | 4h | 0.02010 | long leg | $33K | $151K | 20x | |
| BingX DELTA-USDT | +0.0400% | 4h | 0.02015 | +0.269% | — | $324K | — | as long as short |
Aster DELTAUSDT
BingX DELTA-USDT