Funding you earn now, next payment 00:00 UTC−0.0338%/8h= −37.0% APRnext payment −$1.69 per $10,000 · paid last 24h −0.050%
Price spread now: MEXC against Gate−0.110%7-day average −0.214% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$560.563% of the position
Funding, last 7 days−0.713%−$71 on $10k
+Price spread, last 7 days−0.108%−$11 · spread now −0.110%, 7d avg −0.214%
=The price spread pays, funding is against you. MEXC is 0.105% dearer against Gate than usual: you sell high and buy low (spread −0.110% now, against its 7-day average of −0.214%): +$10 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FF_USDT | 0.1276 | 0.0100 | pay 0.0050% / 4h | 11m 46s | $26.9M | $2.1M | 50x |
| Short | MEXC FF_USDT | 0.1275 | −0.0238 | pay 0.0119% / 4h | 11m 46s | $10.1M | $1.9M | 50x |
Funding 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
- −$70.98
- Price spread: −0.110% → −0.214%
- $10.46
- Slippage, 4 orders
- −$37.35
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$116.87
- Costs to cover
- 0.563%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; MEXC: live order book, 1 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, 2 min ago | 3.92 bp | 24.9 bp −$25 | 684.0 bp −$6,840 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.79 bp | 6.3 bp −$6 | 36.5 bp −$365 | 228.5 bp −$22.9K | doesn't fit |
FF on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin FF-USDT | −0.0274% | 4h | 0.1274 | −0.180% | $2.3M | $314K | 20x | as long as short |
| MEXC FF_USDTshort | −0.0238% | 4h | 0.1275 | −0.110% | $10.1M | $1.9M | 50x | |
| Binance FFUSDT | −0.0237% | 4h | 0.1275 | −0.133% | $43.2M | $25.5M | 20x | as long as short |
| Bybit FFUSDT | −0.0097% | 4h | 0.1275 | −0.094% | $14.3M | $6.9M | 20x | as long as short |
| Aster FFUSDT | +0.0100% | 4h | 0.1276 | +0.017% | $1.2M | $23K | 5x | as long as short |
| Gate FF_USDTlong | +0.0100% | 4h | 0.1276 | long leg | $26.9M | $2.1M | 50x | |
| KuCoin FFUSDTM | +0.0100% | 4h | 0.1277 | +0.078% | $8.7M | $5.6M | 20x | as long as short |
| Bitget FFUSDT | +0.0100% | 4h | 0.1276 | −0.024% | $18.6M | $1.7M | 5x | as long as short |
| BingX FF-USDT | +0.0100% | 4h | 0.1275 | −0.102% | — | $6.8M | — | as long as short |
| SunX FF-USDT | +0.0100% | 4h | 0.1273 | −0.227% | $2K | $1.7M | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter FF | +0.0352% | 1h | 0.1279 | +0.204% | $136K | $42K | 3x | as long as short |
Gate FF_USDT
MEXC FF_USDT
BloFin FF-USDT
Binance FFUSDT
Bybit FFUSDT
Aster FFUSDT
KuCoin FFUSDTM
Bitget FFUSDT
BingX FF-USDT
SunX FF-USDT
Lighter FF