Funding arb · Price arb /

GUN

all GUN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%

Price spread now: Gate against MEXC+0.166%7-day average +0.033% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.137%−$14 on $10k

Price spread, last 4 days (all we have)−0.173%−$17 · spread now +0.166%, 7d avg +0.033%

Together, before fees−0.311%−$31 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.133% dearer against MEXC than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC GUN_USDT	0.003015	0.0100	pay 0.0050% / 4h	1h 39m	$664K	$237K	50x
Short	Gate GUN_USDT	0.003020	0.0100	get 0.0050% / 4h	1h 39m	$187K	$97K	20x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee GatebpOrdersPrice spread, now +0.166%Rate

Funding earned: $0
Price spread: +0.166% → +0.033%: $13.32
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$5.68
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 61 min ago; Gate: live order book, 62 min ago. Net counts fees only.

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, 61 min ago	4.99 bp	25.9 bp −$26	92.5 bp −$925	214.4 bp −$21.4K	520.9 bp −$260.5K
Sell Gate live order book, 62 min ago	11.62 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

GUN on 9 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
Binance GUNUSDT	+0.0100%	4h	0.003016	+0.023%	$2.1M	$3.8M	10x	as long as short
Bybit GUNUSDT	+0.0100%	4h	0.003021	+0.199%	$483K	$919K	20x	as long as short
Gate GUN_USDTshort	+0.0100%	4h	0.003020	+0.166%	$187K	$97K	20x
MEXC GUN_USDTlong	+0.0100%	4h	0.003015	long leg	$664K	$237K	50x
KuCoin GUNUSDTM	+0.0100%	4h	0.003012	−0.100%	$325K	$119K	30x	as long as short
Bitget GUNUSDT	+0.0100%	4h	0.003018	+0.100%	$540K	$247K	10x	as long as short
BingX GUN-USDT	+0.0100%	4h	0.003015	0.000%	—	$1.3M	—	as long as short
BloFin GUN-USDT	+0.0115%	4h	0.003020	+0.166%	$144K	$8K	50x	as long as short
Aster GUNUSDT	+0.0680%	4h	0.003022	+0.235%	$9K	$12K	5x	as long as short