Funding you earn now, next payment 04:00 UTC−0.1298%/8h= −142.1% APRnext payment −$6.49 per $10,000 · paid last 24h −0.132%
Price spread now: MEXC against Gate+0.224%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1661.662% of the position
Funding, last 7 days+0.858%+$86 on $10k
+Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.224%, 7d avg +0.090%
=The price spread pays, funding is against you. MEXC is 0.134% dearer against Gate than usual: you sell high and buy low (spread +0.224% now, against its 7-day average of +0.090%): +$13 on $10k if it goes back. Holding the pair costs −$39 a day in funding at the current rate, which eats that in about 8 hours. Mind the row above: over the last 7 days funding on this pair paid +0.858%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.858% in total (about 44.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.49 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IOST_USDT | 0.0008940 | −0.1088 | get 0.0544% / 4h | 27m 44s | $727K | $511K | 25x |
| Short | MEXC IOST_USDT | 0.0008960 | −0.2386 | pay 0.1193% / 4h | 27m 44s | $1.9M | $466K | 50x |
Gate IOST_USDT
MEXC IOST_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
- −$272.58
- Price spread: +0.224% → +0.090%
- $13.36
- Slippage, 4 orders
- −$147.2
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$425.42
- Costs to cover
- 1.662%
- Break-even
- never at this rate
Slippage from Gate: live order book, 29 min ago; MEXC: live order book, 4 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, 29 min ago | 5.55 bp | 79.0 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.56 bp | 4.7 bp −$5 | 17.9 bp −$179 | 109.3 bp −$10.9K | 417.7 bp −$208.8K |
IOST 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX IOST-USDT-SWAP | −0.2974% | 4h | 0.0008953 | +0.145% | $1.5M | $4.1M | 10x | as long as short |
| Bybit IOSTUSDT | −0.2925% | 8h | 0.0008948 | +0.089% | $1.9M | $2.0M | 25x | as long as short |
| MEXC IOST_USDTshort | −0.2386% | 4h | 0.0008960 | +0.224% | $1.9M | $466K | 50x | |
| Binance IOSTUSDT | −0.2385% | 4h | 0.0008955 | +0.168% | $5.8M | $16.2M | 50x | as long as short |
| BloFin IOST-USDT | −0.2336% | 4h | 0.0008957 | +0.190% | $298K | $2.0M | 50x | as long as short |
| Bitget IOSTUSDT | −0.2200% | 4h | 0.0008960 | +0.224% | $662K | $2.3M | 25x | as long as short |
| Variational Omni IOST | −0.1949% | 8h | 0.0008931 | −0.101% | $10K | $5K | — | as long as short |
| Gate IOST_USDTlong | −0.1088% | 4h | 0.0008940 | long leg | $727K | $511K | 25x | |
| BingX IOST-USDT | −0.0838% | 4h | 0.0008953 | +0.145% | — | $2.4M | — | as long as short |
OKX IOST-USDT-SWAP
Bybit IOSTUSDT
Binance IOSTUSDT
BloFin IOST-USDT
Bitget IOSTUSDT
Variational Omni IOST
BingX IOST-USDT