Funding you earn now, next payment 04:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.42 per $10,000 · paid last 24h +0.021%
Price spread now: MEXC against Gate+0.181%7-day average +0.117% · you sell dearer than you buy
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1931.933% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.181%, 7d avg +0.117%
=The price spread pays, funding is against you. MEXC is 0.064% dearer against Gate than usual: you sell high and buy low (spread +0.181% now, against its 7-day average of +0.117%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GWEI_USDT | 0.02325 | 0.0688 | pay 0.0344% / 4h | 3h 16m | $389K | $407K | 10x |
| Short | MEXC GWEI_USDT | 0.02329 | 0.0604 | get 0.0302% / 4h | 3h 16m | $105K | $87K | 20x |
Gate GWEI_USDT
MEXC GWEI_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
- −$17.64
- Price spread: +0.181% → +0.117%
- $6.35
- Slippage, 4 orders
- −$174.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$204.55
- Costs to cover
- 1.933%
- Break-even
- never at this rate
Slippage from Gate: live order book, 54 min ago; MEXC: live order book, 29 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, 54 min ago | 9.57 bp | 81.8 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 29 min ago | 2.15 bp | 18.4 bp −$18 | 99.3 bp −$993 | 408.2 bp −$40.8K | doesn't fit |
GWEI on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GWEIUSDT | +0.0100% | 4h | 0.02330 | +0.224% | $383K | $126K | 25x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02331 | +0.251% | $4K | $55 | — | as long as short |
| KuCoin GWEIUSDTM | +0.0258% | 4h | 0.02323 | −0.077% | $465K | $20K | 20x | as long as short |
| BloFin GWEI-USDT | +0.0582% | 4h | 0.02328 | +0.138% | $173K | $30K | 50x | as long as short |
| MEXC GWEI_USDTshort | +0.0604% | 4h | 0.02329 | +0.181% | $105K | $87K | 20x | |
| Binance GWEIUSDT | +0.0607% | 4h | 0.02330 | +0.224% | $2.4M | $2.7M | 50x | as long as short |
| Extended GWEI-USD | +0.0608% | 1h | 0.02329 | +0.201% | $5K | $126K | 5x | as long as short |
| Gate GWEI_USDTlong | +0.0688% | 4h | 0.02325 | long leg | $389K | $407K | 10x | |
| BingX GWEI-USDT | +0.0700% | 4h | 0.02329 | +0.181% | — | $1.6M | — | as long as short |
| Bitget GWEIUSDT | +0.0714% | 4h | 0.02325 | +0.009% | $1.9M | $219K | 20x | as long as short |
Bybit GWEIUSDT
Variational Omni GWEI
KuCoin GWEIUSDTM
BloFin GWEI-USDT
Binance GWEIUSDT
Extended GWEI-USD
BingX GWEI-USDT
Bitget GWEIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1577% | 4h | 0.02322 | −0.136% | $18K | $17K | 10x | as long as short |
Aster GWEIUSDT