Funding you earn now, next payment 00:00 UTC+0.0880%/8h= +96.4% APRnext payment +$4.40 per $10,000 · paid last 24h +0.025%
Price spread now: Gate against MEXC+2.286%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5,983as in the Funding arb table
Net, price: spread back to 7d avg − costs−$5,790as in the Price arb table
costs, in and out, $10k−$6,02060.200% of the position
Funding, last 7 days+0.373%+$37 on $10k
+Price spread, last 4 days (all we have)−2.870%−$287 · spread now +2.286%, 7d avg −0.012%
=Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Gate is 2.298% dearer against MEXC than usual: you sell high and buy low: +$230 more if the spread goes back to its 7-day average of −0.012%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.373% in total (about 19.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.40 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 FLYBRAIN_USDT | 0.0008310 | 0.0400 | pay 0.0200% / 4h | 34m 06s | $62K | $108K | 20x |
| Short | Gate FLYBRAIN_USDT | 0.0008500 | 0.1280 | get 0.0640% / 4h | 34m 06s | $163K | $154K | 10x |
MEXC FLYBRAIN_USDT
Gate FLYBRAIN_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
- $184.8
- Price spread: +2.286% → −0.012%
- $229.79
- Slippage, 4 orders
- −$5,985
- Fee MEXC: 10 bp × 2 orders
- −$20
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$5,605.41
- Costs to cover
- 60.200%
- Break-even
- 219.3 days
Slippage from MEXC: live order book, 24 min ago; Gate: live order book, 37 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, 24 min ago | 69.28 bp | 540.4 bp −$540 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 37 min ago | 57.14 bp | 1080.2 bp −$1,080 | doesn't fit | doesn't fit | doesn't fit |
FLYBRAIN on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC FLYBRAIN_USDTlong | +0.0400% | 4h | 0.0008310 | long leg | $62K | $108K | 20x | |
| BingX FLYBRAIN-USDT | +0.0400% | 4h | 0.0008270 | −0.481% | — | $1.0M | — | as long as short |
| Gate FLYBRAIN_USDTshort | +0.1280% | 4h | 0.0008500 | +2.286% | $163K | $154K | 10x |
BingX FLYBRAIN-USDT