Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate−0.034%7-day average +0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$313as in the Funding arb table
Net, price: spread back to 7d avg − costs−$341as in the Price arb table
costs, in and out, $10k−$3233.226% of the position
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 4 days (all we have)+0.123%+$12 · spread now −0.034%, 7d avg +0.148%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.181% cheaper against Gate than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.148%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ETHW_USDT | 0.2979 | 0.0100 | pay 0.0050% / 4h | 1h 44m | $226K | $280K | 20x |
| Short | MEXC ETHW_USDT | 0.2978 | 0.0100 | get 0.0050% / 4h | 1h 44m | $1.0M | $912K | 100x |
Gate ETHW_USDT
MEXC ETHW_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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: −0.034% → +0.148%
- −$18.11
- Slippage, 4 orders
- −$303.59
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$340.7
- Costs to cover
- 3.226%
- Break-even
- never at this rate
Slippage from Gate: live order book, 33 min ago; MEXC: live order book, 42 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 Gate live order book, 33 min ago | 3.37 bp | 128.9 bp −$129 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 42 min ago | 1.68 bp | 27.0 bp −$27 | 97.8 bp −$978 | 136.2 bp −$13.6K | doesn't fit |
ETHW on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ETHWUSDT | +0.0100% | 4h | 0.2979 | 0.000% | $1.3M | $5.5M | 50x | as long as short |
| OKX ETHW-USDT-SWAP | +0.0100% | 4h | 0.2975 | −0.134% | $863K | $4.5M | 10x | as long as short |
| Gate ETHW_USDTlong | +0.0100% | 4h | 0.2979 | long leg | $226K | $280K | 20x | |
| MEXC ETHW_USDTshort | +0.0100% | 4h | 0.2978 | −0.034% | $1.0M | $912K | 100x | |
| Bitget ETHWUSDT | +0.0100% | 4h | 0.2979 | 0.000% | $161K | $226K | 50x | as long as short |
Binance ETHWUSDT
OKX ETHW-USDT-SWAP
Bitget ETHWUSDT