Funding you earn now, next payment 04:00 UTC+0.0300%/8h= +32.8% APRnext payment +$1.50 per $10,000 · paid last 24h −0.041%
Price spread now: MEXC against Gate−1.026%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−5.049%−$505 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. MEXC is 1.026% cheaper against Gate than usual: you would sell low and buy high (spread −1.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$103 on $10k: about 11 days of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −5.049%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate INDEX_USDT | 0.03802 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $45K | $40K | 10x |
| Short | MEXC INDEX_USDT | 0.03763 | 0.0400 | get 0.0200% / 4h | 2h 05m | $53K | $101K | 20x |
Gate INDEX_USDT
MEXC INDEX_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
- $63
- Price spread: −1.026% → 0.000%
- −$102.58
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 10 bp × 2 orders
- −$20
- Net
- −$74.58
- Costs to cover
- 0.350%
- Break-even
- 15.3 days
Slippage unknown: Gate: no order-book sample; MEXC: live order book, 65 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 Gate no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 65 min ago | 20.37 bp | 849.3 bp −$849 | doesn't fit | doesn't fit | doesn't fit |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
INDEX on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX INDEX-USDT | −0.0156% | 4h | 0.03781 | −0.552% | — | $209K | — | as long as short |
| Gate INDEX_USDTlong | +0.0100% | 4h | 0.03802 | long leg | $45K | $40K | 10x | |
| MEXC INDEX_USDTshort | +0.0400% | 4h | 0.03763 | −1.026% | $53K | $101K | 20x |
BingX INDEX-USDT