Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Gate against MEXC0.000%7-day average −0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$589as in the Funding arb table
Net, price: spread back to 7d avg − costs−$558as in the Price arb table
costs, in and out, $10k−$5655.652% of the position
Funding, last 7 days−0.242%−$24 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now 0.000%, 7d avg −0.074%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.074% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ELSA_USDT | 0.05618 | 0.0100 | pay 0.0050% / 4h | 28m 29s | $512K | $133K | 50x |
| Short | Gate ELSA_USDT | 0.05618 | 0.0100 | get 0.0050% / 4h | 28m 29s | $141K | $48K | 20x |
MEXC ELSA_USDT
Gate ELSA_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: 0.000% → −0.074%
- $7.36
- Slippage, 4 orders
- −$546.25
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$557.89
- Costs to cover
- 5.652%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 21 min ago; Gate: live order book, 22 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, 21 min ago | 3.58 bp | 10.7 bp −$11 | 83.0 bp −$830 | 360.6 bp −$36.1K | doesn't fit |
| Sell Gate live order book, 22 min ago | 7.15 bp | 297.1 bp −$297 | doesn't fit | doesn't fit | doesn't fit |
ELSA 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 ELSA_USDTshort | +0.0100% | 4h | 0.05618 | 0.000% | $141K | $48K | 20x | |
| MEXC ELSA_USDTlong | +0.0100% | 4h | 0.05618 | long leg | $512K | $133K | 50x | |
| KuCoin ELSAUSDTM | +0.0100% | 4h | 0.05611 | −0.125% | $186K | $24K | 20x | as long as short |
| Variational Omni ELSA | +0.0100% | 4h | 0.05618 | −0.009% | $1K | $461 | — | as long as short |
| Binance ELSAUSDT | +0.0101% | 4h | 0.05619 | +0.016% | $1.3M | $1.2M | 20x | as long as short |
| Bitget ELSAUSDT | +0.0224% | 4h | 0.05608 | −0.178% | $467K | $188K | 20x | as long as short |
| Aster ELSAUSDT | +0.0472% | 4h | 0.05618 | −0.004% | $33K | $5K | 5x | as long as short |
| BingX ELSA-USDT | +0.0574% | 4h | 0.05622 | +0.071% | — | $1.3M | — | as long as short |
| Bybit ELSAUSDT | +0.0720% | 4h | 0.05620 | +0.036% | $838K | $296K | 20x | as long as short |
KuCoin ELSAUSDTM
Variational Omni ELSA
Binance ELSAUSDT
Bitget ELSAUSDT
Aster ELSAUSDT
BingX ELSA-USDT
Bybit ELSAUSDT