Funding you earn now, next payment 04:00 UTC−0.0062%/8h= −6.8% APRnext payment −$0.31 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Gate+0.027%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$656as in the Funding arb table
Net, price: spread back to 7d avg − costs−$616as in the Price arb table
costs, in and out, $10k−$6206.201% of the position
Funding, last 7 days−0.362%−$36 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.027%, 7d avg −0.018%
=The price spread pays, funding is against you. MEXC is 0.045% dearer against Gate than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.018%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 7 days (−0.362% in total) that is about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IN_USDT | 0.03661 | 0.0640 | pay 0.0320% / 4h | 1h 16m | $241K | $151K | 50x |
| Short | MEXC IN_USDT | 0.03662 | 0.0578 | get 0.0289% / 4h | 1h 16m | $287K | $97K | 20x |
Gate IN_USDT
MEXC IN_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
- −$13.02
- Price spread: +0.027% → −0.018%
- $4.51
- Slippage, 4 orders
- −$597.11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$628.62
- Costs to cover
- 6.201%
- Break-even
- never at this rate
Slippage from Gate: live order book, 40 min ago; MEXC: live order book, 28 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, 40 min ago | 8.34 bp | 230.8 bp −$231 | 43321.8 bp −$433.2K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 28 min ago | 4.15 bp | 13.4 bp −$13 | 82.3 bp −$823 | 147.6 bp −$14.8K | 460.3 bp −$230.2K |
IN 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit INUSDT | +0.0100% | 4h | 0.03656 | −0.137% | $793K | $239K | 20x | as long as short |
| KuCoin INUSDTM | +0.0100% | 4h | 0.03665 | +0.109% | $297K | $79K | 30x | as long as short |
| Bitget INUSDT | +0.0100% | 4h | 0.03667 | +0.164% | $867K | $214K | 25x | as long as short |
| Variational Omni IN | +0.0100% | 4h | 0.03643 | −0.483% | $1K | $6 | — | as long as short |
| Aster INUSDT | +0.0409% | 4h | 0.03653 | −0.209% | $133K | $15K | 5x | as long as short |
| BingX IN-USDT | +0.0538% | 4h | 0.03660 | −0.027% | — | $2.3M | — | as long as short |
| MEXC IN_USDTshort | +0.0578% | 4h | 0.03662 | +0.027% | $287K | $97K | 20x | |
| Binance INUSDT | +0.0584% | 4h | 0.03662 | +0.034% | $2.0M | $1.5M | 25x | as long as short |
| Gate IN_USDTlong | +0.0640% | 4h | 0.03661 | long leg | $241K | $151K | 50x |
Bybit INUSDT
KuCoin INUSDTM
Bitget INUSDT
Variational Omni IN
Aster INUSDT
BingX IN-USDT
Binance INUSDT