Funding you earn now, next payment 02:00 UTC+0.0808%/8h= +88.5% APRnext payment +$1.01 per $10,000 · paid last 24h −0.229%
Price spread now: MEXC against Gate+0.146%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$680.678% of the position
Funding, last 7 days−0.437%−$44 on $10k
+Price spread, last 7 days−0.074%−$7 · spread now +0.146%, 7d avg +0.100%
=Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and MEXC is 0.046% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.100%. Mind the row above: over the last 7 days funding on this pair cost −0.437%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.437% in total (about -22.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.01 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 | Gate G_USDT | 0.006156 | −3.4360 | get 0.4295% / 1h | 30m 43s | $970K | $5.2M | 25x |
| Short | MEXC G_USDT | 0.006165 | −3.3552 | pay 0.4194% / 1h | 30m 43s | $3.8M | $1.4M | 20x |
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
- $169.68
- Price spread: +0.146% → +0.100%
- $4.58
- Slippage, 4 orders
- −$48.81
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $106.45
- Costs to cover
- 0.678%
- Break-even
- 2.6 days
Slippage from Gate: live order book, 3 min ago; MEXC: live order book, 2 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, 3 min ago | 5.69 bp | 20.7 bp −$21 | 259.1 bp −$2,591 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.62 bp | 12.4 bp −$12 | 71.6 bp −$716 | 165.1 bp −$16.5K | doesn't fit |
G on 7 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 G_USDTlong | −3.4360% | 1h | 0.006156 | long leg | $970K | $5.2M | 25x | |
| MEXC G_USDTshort | −3.3552% | 1h | 0.006165 | +0.146% | $3.8M | $1.4M | 20x | |
| Binance GUSDT | −3.3435% | 1h | 0.006159 | +0.049% | $9.2M | $76.7M | 50x | as long as short |
| Aster GUSDT | −3.2714% | 1h | 0.006204 | +0.780% | $629K | $1.8M | 5x | as long as short |
| Bitget GUSDT | −3.0728% | 1h | 0.006166 | +0.162% | $1.4M | $9.2M | 50x | as long as short |
| KuCoin GUSDTM | −2.3688% | 1h | 0.006136 | −0.325% | $1.5M | $1.5M | 30x | as long as short |
| BingX G-USDT | −0.7552% | 1h | 0.006155 | −0.016% | — | $3.0M | — | as long as short |
Gate G_USDT
MEXC G_USDT
Binance GUSDT
Aster GUSDT
Bitget GUSDT
KuCoin GUSDTM
BingX G-USDT