Funding you earn now, next payment 02:00 UTC−0.0800%/8h= −87.6% APRnext payment −$1.00 per $10,000 · paid last 24h +0.229%
Price spread now: Gate against MEXC−0.016%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as 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−0.056%−$6 · spread now −0.016%, 7d avg −0.100%
=The price spread pays, funding is against you. Gate is 0.084% dearer against MEXC than usual: you sell high and buy low (spread −0.016% now, against its 7-day average of −0.100%): +$8 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 8 hours. Mind the row above: over the last 7 days funding on this pair paid +0.437%, so the current rate has only just turned against you.
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 −$1.00 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 G_USDT | 0.006157 | −3.3560 | get 0.4195% / 1h | 30m 59s | $3.8M | $1.4M | 20x |
| Short | Gate G_USDT | 0.006156 | −3.4360 | pay 0.4295% / 1h | 30m 59s | $970K | $5.2M | 25x |
MEXC G_USDT
Gate G_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
- −$168
- Price spread: −0.016% → −0.100%
- $8.41
- Slippage, 4 orders
- −$48.81
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$227.4
- Costs to cover
- 0.678%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Gate: 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 MEXC live order book, 1 min ago | 1.62 bp | 9.8 bp −$10 | 59.2 bp −$592 | 206.6 bp −$20.7K | doesn't fit |
| Sell Gate live order book, 2 min ago | 5.69 bp | 24.9 bp −$25 | doesn't fit | doesn't fit | 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_USDTshort | −3.4360% | 1h | 0.006156 | −0.016% | $970K | $5.2M | 25x | |
| MEXC G_USDTlong | −3.3560% | 1h | 0.006157 | long leg | $3.8M | $1.4M | 20x | |
| Binance GUSDT | −3.3552% | 1h | 0.006163 | +0.097% | $9.2M | $76.8M | 50x | as long as short |
| Aster GUSDT | −3.2807% | 1h | 0.006204 | +0.763% | $629K | $1.8M | 5x | as long as short |
| Bitget GUSDT | −3.0672% | 1h | 0.006162 | +0.081% | $1.4M | $9.2M | 50x | as long as short |
| KuCoin GUSDTM | −2.3824% | 1h | 0.006127 | −0.487% | $1.5M | $1.5M | 30x | as long as short |
| BingX G-USDT | −0.7552% | 1h | 0.006159 | +0.032% | — | $3.0M | — | as long as short |
Binance GUSDT
Aster GUSDT
Bitget GUSDT
KuCoin GUSDTM
BingX G-USDT