Funding you earn now, next payment 04:00 UTC+0.0540%/8h= +59.1% APRnext payment +$2.70 per $10,000 · paid last 24h −0.064%
Price spread now: MEXC against Gate+0.142%7-day average +0.212% · you sell dearer than you buy
Net, funding: paid 7d − costs−$340as in the Funding arb table
Net, price: spread back to 7d avg − costs−$249as in the Price arb table
costs, in and out, $10k−$2422.420% of the position
Funding, last 7 days−0.984%−$98 on $10k
+Price spread, last 4 days (all we have)+0.185%+$18 · spread now +0.142%, 7d avg +0.212%
=Funding pays, the price is against you. MEXC is 0.070% cheaper against Gate than usual: you would sell low and buy high (spread +0.142% now, against its 7-day average of +0.212%). If the spread goes back, that is −$7 on $10k: about 10 hours of funding at the current rate (+$16 a day). Mind the row above: over the last 7 days funding on this pair cost −0.984%, 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 INX_USDT | 0.006320 | 0.0100 | pay 0.0050% / 4h | 1h 20m | $1.6M | $70K | 25x |
| Short | MEXC INX_USDT | 0.006329 | 0.0640 | get 0.0320% / 4h | 1h 20m | $837K | $190K | 50x |
Funding 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
- $113.4
- Price spread: +0.142% → +0.212%
- −$7
- Slippage, 4 orders
- −$223.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$135.62
- Costs to cover
- 2.420%
- Break-even
- 15.4 days
Slippage from Gate: live order book, 2 min ago; MEXC: live order book, 35 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, 2 min ago | 15.80 bp | 88.7 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 35 min ago | 5.60 bp | 25.2 bp −$25 | 77.3 bp −$773 | 246.2 bp −$24.6K | 691.6 bp −$345.8K |
INX 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International INX-PERP-INTX | −0.1656% | 1h | 0.006083 | −3.750% | $5K | $5K | 50x | as long as short |
| Gate INX_USDTlong | +0.0100% | 4h | 0.006320 | long leg | $1.6M | $70K | 25x | |
| Bitget INXUSDT | +0.0100% | 4h | 0.006338 | +0.285% | $394K | $100K | 25x | as long as short |
| Bybit INXUSDT | +0.0163% | 4h | 0.006331 | +0.174% | $814K | $385K | 13x | as long as short |
| KuCoin INXUSDTM | +0.0512% | 4h | 0.006335 | +0.237% | $287K | $54K | 20x | as long as short |
| BingX INX-USDT | +0.0578% | 4h | 0.006338 | +0.285% | — | $6.5M | — | as long as short |
| Extended INX-USD | +0.0640% | 1h | 0.006326 | +0.101% | $1K | $111K | 5x | as long as short |
| MEXC INX_USDTshort | +0.0640% | 4h | 0.006329 | +0.142% | $837K | $190K | 50x | |
| Binance INXUSDT | +0.0642% | 4h | 0.006331 | +0.172% | $2.1M | $1.5M | 25x | as long as short |
| Aster INXUSDT | +0.1163% | 4h | 0.006291 | −0.455% | $19K | $9K | 5x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit INX_USDC-PERPETUAL | +0.1174% | 1h | 0.006329 | +0.142% | $57K | $20K | 10x | as long as short |
Gate INX_USDT
MEXC INX_USDT
Coinbase International INX-PERP-INTX
Bitget INXUSDT
Bybit INXUSDT
KuCoin INXUSDTM
BingX INX-USDT
Extended INX-USD
Binance INXUSDT
Aster INXUSDT
Deribit INX_USDC-PERPETUAL