Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against MEXC−0.110%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.110% cheaper against MEXC than usual: you would sell low and buy high, −$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC INIT_USDT | 0.08155 | 0.0100 | pay 0.0050% / 4h | 1h 40m | $443K | $215K | 20x |
| Short | Gate INIT_USDT | 0.08146 | 0.0100 | get 0.0100% / 8h | 1h 40m | $83K | $56K | 25x |
MEXC INIT_USDT
Gate INIT_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
- $0
- Price spread: −0.110% → 0.000%
- −$11.04
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$30.04
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 33 min ago; Gate: no order-book sample. 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, 33 min ago | 2.45 bp | 15.7 bp −$16 | 80.8 bp −$808 | 254.8 bp −$25.5K | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
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.
INIT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin INIT-USDT | +0.0081% | 4h | 0.08148 | −0.086% | $153K | $109K | 25x | as long as short |
| Hyperliquid INIT | +0.0100% | 1h | 0.08150 | −0.058% | $296K | $233K | 3x | as long as short |
| Aster INITUSDT | +0.0100% | 4h | 0.08150 | −0.065% | $27K | $36K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08156 | +0.008% | $3.4M | $3.6M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08147 | −0.098% | $1.4M | $1.4M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08160 | +0.061% | $132K | $630K | 10x | as long as short |
| Gate INIT_USDTshort | +0.0100% | 8h | 0.08146 | −0.110% | $83K | $56K | 25x | |
| MEXC INIT_USDTlong | +0.0100% | 4h | 0.08155 | long leg | $443K | $215K | 20x | |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08148 | −0.086% | $324K | $55K | 25x | as long as short |
| Bitget INITUSDT | +0.0100% | 4h | 0.08153 | −0.025% | $426K | $311K | 25x | as long as short |
BloFin INIT-USDT
Hyperliquid INIT
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
OKX INIT-USDT-SWAP
KuCoin INITUSDTM
Bitget INITUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX INIT-USDT | +0.0100% | 4h | 0.08150 | −0.061% | — | $6.6M | — | as long as short |
| Variational Omni INIT | +0.0100% | 4h | 0.08136 | −0.236% | $26K | $23K | — | as long as short |
| Kraken Futures PF_INITUSD | +0.0386% | 1h | 0.08155 | +0.003% | $6K | $17K | 10x | as long as short |
BingX INIT-USDT
Variational Omni INIT
Kraken Futures PF_INITUSD