Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against MEXC−0.222%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as 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: Gate is 0.231% cheaper against MEXC than usual: you would sell low and buy high, −$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 | MEXC GMT_USDT | 0.008569 | 0.0100 | pay 0.0050% / 4h | 3h 18m | $420K | $188K | 20x |
| Short | Gate GMT_USDT | 0.008550 | 0.0100 | get 0.0100% / 8h | 7h 18m | $149K | $112K | 50x |
Funding 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
- $0
- Price spread: −0.222% → +0.009%
- −$23.09
- Slippage, 4 orders
- −$71.13
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$113.22
- Costs to cover
- 0.901%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 38 min ago; Gate: live order book, 47 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, 38 min ago | 0.60 bp | 9.0 bp −$9 | 82.2 bp −$822 | 274.8 bp −$27.5K | doesn't fit |
| Sell Gate live order book, 47 min ago | 11.95 bp | 42.9 bp −$43 | doesn't fit | doesn't fit | 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 | −0.066% | $45K | $12K | 20x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008570 | +0.012% | $129K | $120K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008548 | −0.250% | $7K | $15K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008554 | −0.172% | $2.8M | $3.3M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008559 | −0.117% | $1.1M | $1.2M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008565 | −0.047% | $356K | $629K | 20x | as long as short |
| Gate GMT_USDTshort | +0.0100% | 8h | 0.008550 | −0.222% | $149K | $112K | 50x | |
| MEXC GMT_USDTlong | +0.0100% | 4h | 0.008569 | long leg | $420K | $188K | 20x | |
| KuCoin GMTUSDTM | +0.0100% | 4h | 0.008550 | −0.222% | $251K | $101K | 50x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008568 | −0.012% | $700K | $415K | 50x | as long as short |
Show 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 | −0.105% | — | $1.2M | — | as long as short |
| Variational Omni GMT | +0.0100% | 8h | 0.008558 | −0.127% | $4K | $5K | — | as long as short |
MEXC GMT_USDT
Gate GMT_USDT
Kraken Futures PF_GMTUSD
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
KuCoin GMTUSDTM
Bitget GMTUSDT
BingX GMT-USDT
Variational Omni GMT