Funding you earn now, next payment 12:00 UTC+0.0196%/8h= +21.5% APRnext payment +$0.98 per $10,000 · paid last 24h −0.009%
Price spread now: MEXC against Gate−0.726%7-day average −0.779% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,143as in the Price arb table
costs, in and out, $10k−$2,14921.488% of the position
Funding, last 7 days+0.096%+$10 on $10k
+Price spread, last 4 days (all we have)+0.477%+$48 · spread now −0.726%, 7d avg −0.779%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and MEXC is 0.053% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.779%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.096% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.98 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 GUA_USDT | 0.03720 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $990K | $47K | 10x |
| Short | MEXC GUA_USDT | 0.03693 | 0.0296 | get 0.0148% / 4h | 3h 40m | $336K | $161K | 20x |
Gate GUA_USDT
MEXC GUA_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
- $41.16
- Price spread: −0.726% → −0.779%
- $5.3
- Slippage, 4 orders
- −$2,129.77
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$2,102.31
- Costs to cover
- 21.488%
- Break-even
- 364.5 days
Slippage from Gate: live order book, 52 min ago; MEXC: live order book, 40 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, 52 min ago | 6.70 bp | 1706.9 bp −$1,707 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 40 min ago | 2.71 bp | 33.0 bp −$33 | 100.1 bp −$1,001 | 493.4 bp −$49.3K | doesn't fit |
GUA 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 GUA_USDTlong | +0.0100% | 4h | 0.03720 | long leg | $990K | $47K | 10x | |
| KuCoin GUAUSDTM | +0.0100% | 4h | 0.03701 | −0.511% | $239K | $17K | 20x | as long as short |
| Variational Omni GUA | +0.0100% | 4h | 0.03691 | −0.769% | $1K | — | — | as long as short |
| BingX GUA-USDT | +0.0290% | 4h | 0.03694 | −0.699% | — | $2.3M | — | as long as short |
| Binance GUAUSDT | +0.0295% | 4h | 0.03694 | −0.705% | $4.3M | $1.2M | 10x | as long as short |
| MEXC GUA_USDTshort | +0.0296% | 4h | 0.03693 | −0.726% | $336K | $161K | 20x | |
| Aster GUAUSDT | +0.0382% | 4h | 0.03690 | −0.816% | $60K | $22K | 20x | as long as short |
KuCoin GUAUSDTM
Variational Omni GUA
BingX GUA-USDT
Binance GUAUSDT
Aster GUAUSDT