Funding you earn now, next payment 04:00 UTC+0.0300%/8h= +32.8% APRnext payment +$1.50 per $10,000 · paid last 24h +0.056%
Price spread now: MEXC against Gate+0.706%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6,442as in the Funding arb table
Net, price: spread back to 7d avg − costs−$6,418as in the Price arb table
costs, in and out, $10k−$6,48564.854% of the position
Funding, last 7 days+0.438%+$44 on $10k
+Price spread, last 4 days (all we have)−0.653%−$65 · spread now +0.706%, 7d avg +0.030%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and MEXC is 0.677% dearer against Gate than usual: you sell high and buy low: +$68 more if the spread goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FONE_USDT | 0.005238 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $153K | $103K | 10x |
| Short | MEXC FONE_USDT | 0.005275 | 0.0400 | get 0.0200% / 4h | 1h 17m | $221K | $122K | 20x |
Gate FONE_USDT
MEXC FONE_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
- $63
- Price spread: +0.706% → +0.030%
- $67.66
- Slippage, 4 orders
- −$6,466.42
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$6,354.76
- Costs to cover
- 64.854%
- Break-even
- 713.1 days
Slippage from Gate: live order book, 39 min ago; MEXC: live order book, 19 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, 39 min ago | 67.73 bp | 2177.0 bp −$2,177 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 19 min ago | 30.91 bp | 599.8 bp −$600 | 1355.8 bp −$13.6K | doesn't fit | doesn't fit |
FONE 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 FONEUSDT | +0.0100% | 1h | 0.005229 | −0.176% | $32K | $5K | 5x | as long as short |
| Gate FONE_USDTlong | +0.0100% | 4h | 0.005238 | long leg | $153K | $103K | 10x | |
| MEXC FONE_USDTshort | +0.0400% | 4h | 0.005275 | +0.706% | $221K | $122K | 20x | |
| BingX FONE-USDT | +0.0400% | 4h | 0.005276 | +0.725% | — | $511K | — | as long as short |
Aster FONEUSDT
BingX FONE-USDT