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: Gate against MEXC−0.215%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as 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)+0.127%+$13 · spread now −0.215%, 7d avg −0.117%
=Funding pays, the price is against you. Gate is 0.098% cheaper against MEXC than usual: you would sell low and buy high (spread −0.215% now, against its 7-day average of −0.117%). If the spread goes back, that is −$10 on $10k: about 3.9 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GWEI_USDT | 0.02328 | 0.0604 | pay 0.0302% / 4h | 3h 16m | $106K | $87K | 20x |
| Short | Gate GWEI_USDT | 0.02323 | 0.0688 | get 0.0344% / 4h | 3h 16m | $389K | $407K | 10x |
MEXC GWEI_USDT
Gate GWEI_USDTFunding 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
- $17.64
- Price spread: −0.215% → −0.117%
- −$9.76
- Slippage, 4 orders
- −$174.26
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$185.39
- Costs to cover
- 1.933%
- Break-even
- 80.6 days
Slippage from MEXC: live order book, 28 min ago; Gate: live order book, 54 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, 28 min ago | 2.15 bp | 21.4 bp −$21 | 109.5 bp −$1,095 | 478.7 bp −$47.9K | doesn't fit |
| Sell Gate live order book, 54 min ago | 9.57 bp | 71.7 bp −$72 | doesn't fit | doesn't fit | 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 | 0.02328 | 0.000% | $382K | $126K | 25x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02329 | +0.026% | $4K | $55 | — | as long as short |
| KuCoin GWEIUSDTM | +0.0258% | 4h | 0.02323 | −0.223% | $465K | $20K | 20x | as long as short |
| BloFin GWEI-USDT | +0.0582% | 4h | 0.02328 | 0.000% | $173K | $30K | 50x | as long as short |
| MEXC GWEI_USDTlong | +0.0604% | 4h | 0.02328 | long leg | $106K | $87K | 20x | |
| Binance GWEIUSDT | +0.0607% | 4h | 0.02329 | +0.043% | $2.4M | $2.7M | 50x | as long as short |
| Extended GWEI-USD | +0.0608% | 1h | 0.02327 | −0.034% | $5K | $126K | 5x | as long as short |
| Gate GWEI_USDTshort | +0.0688% | 4h | 0.02323 | −0.215% | $389K | $407K | 10x | |
| BingX GWEI-USDT | +0.0700% | 4h | 0.02329 | +0.043% | — | $1.6M | — | as long as short |
| Bitget GWEIUSDT | +0.0714% | 4h | 0.02323 | −0.215% | $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 | 0.02321 | −0.301% | $18K | $17K | 10x | as long as short |
Aster GWEIUSDT