Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Gate+0.222%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$900.901% of the position
Funding, last 7 days+0.199%+$20 on $10k
+Price spread, last 4 days (all we have)−0.227%−$23 · spread now +0.222%, 7d avg −0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.231% dearer against Gate than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GMT_USDT | 0.008550 | 0.0100 | pay 0.0100% / 8h | 7h 17m | $149K | $112K | 50x |
| Short | MEXC GMT_USDT | 0.008569 | 0.0100 | get 0.0050% / 4h | 3h 17m | $420K | $188K | 20x |
Gate GMT_USDT
MEXC GMT_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
- $0
- Price spread: +0.222% → −0.009%
- $23.14
- Slippage, 4 orders
- −$71.13
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$66.99
- Costs to cover
- 0.901%
- Break-even
- never at this rate
Slippage from Gate: live order book, 48 min ago; MEXC: live order book, 38 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, 48 min ago | 11.95 bp | 34.7 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 38 min ago | 0.60 bp | 3.5 bp −$4 | 48.2 bp −$482 | 255.9 bp −$25.6K | doesn't fit |
GMT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1351% | 1h | 0.008563 | +0.156% | $45K | $12K | 20x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008570 | +0.234% | $129K | $120K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008553 | +0.032% | $7K | $15K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008566 | +0.187% | $2.8M | $3.3M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008567 | +0.199% | $1.1M | $1.2M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008564 | +0.164% | $357K | $629K | 20x | as long as short |
| Gate GMT_USDTlong | +0.0100% | 8h | 0.008550 | long leg | $149K | $112K | 50x | |
| MEXC GMT_USDTshort | +0.0100% | 4h | 0.008569 | +0.222% | $420K | $188K | 20x | |
| KuCoin GMTUSDTM | +0.0100% | 4h | 0.008550 | 0.000% | $251K | $101K | 50x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008569 | +0.222% | $700K | $415K | 50x | as long as short |
Kraken Futures PF_GMTUSD
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
KuCoin GMTUSDTM
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDT | +0.0100% | 4h | 0.008560 | +0.117% | — | $1.2M | — | as long as short |
| Variational Omni GMT | +0.0100% | 8h | 0.008558 | +0.095% | $4K | $5K | — | as long as short |
BingX GMT-USDT
Variational Omni GMT