Funding you earn now, next payment 04:00 UTC+0.1290%/8h= +141.3% APRnext payment +$6.45 per $10,000 · paid last 24h +0.132%
Price spread now: Gate against MEXC−0.089%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$252as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as 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)+0.009%+$1 · spread now −0.089%, 7d avg −0.090%
=The price spread sits at its 7-day average of −0.090%, so right now this pair is about funding alone: +$39 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.858%, so the current rate has only just turned in your favour.
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 +$6.45 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 | MEXC IOST_USDT | 0.0008948 | −0.2394 | get 0.1197% / 4h | 27m 50s | $1.9M | $466K | 50x |
| Short | Gate IOST_USDT | 0.0008940 | −0.1104 | pay 0.0552% / 4h | 27m 50s | $727K | $511K | 25x |
MEXC IOST_USDT
Gate IOST_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
- $270.9
- Price spread: −0.089% → −0.090%
- $0.07
- Slippage, 4 orders
- −$147.2
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $104.76
- Costs to cover
- 1.662%
- Break-even
- 4.3 days
Slippage from MEXC: live order book, 4 min ago; Gate: live order book, 29 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 MEXC live order book, 4 min ago | 0.56 bp | 7.3 bp −$7 | 19.7 bp −$197 | 107.6 bp −$10.8K | 414.5 bp −$207.3K |
| Sell Gate live order book, 29 min ago | 5.55 bp | 75.3 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.0008949 | +0.011% | $1.5M | $4.1M | 10x | as long as short |
| Bybit IOSTUSDT | −0.2925% | 8h | 0.0008948 | 0.000% | $1.9M | $2.0M | 25x | as long as short |
| MEXC IOST_USDTlong | −0.2394% | 4h | 0.0008948 | long leg | $1.9M | $466K | 50x | |
| Binance IOSTUSDT | −0.2387% | 4h | 0.0008949 | +0.011% | $5.8M | $16.3M | 50x | as long as short |
| BloFin IOST-USDT | −0.2336% | 4h | 0.0008957 | +0.101% | $298K | $2.0M | 50x | as long as short |
| Bitget IOSTUSDT | −0.2210% | 4h | 0.0008949 | +0.011% | $661K | $2.3M | 25x | as long as short |
| Variational Omni IOST | −0.1949% | 8h | 0.0008931 | −0.191% | $10K | $5K | — | as long as short |
| Gate IOST_USDTshort | −0.1104% | 4h | 0.0008940 | −0.089% | $727K | $511K | 25x | |
| BingX IOST-USDT | −0.0840% | 4h | 0.0008945 | −0.034% | — | $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