Funding you earn now, next payment 04:00 UTC+0.0382%/8h= +41.8% APRnext payment +$1.91 per $10,000 · paid last 24h +0.003%
Price spread now: MEXC against Gate−0.149%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$990.992% of the position
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 4 days (all we have)+0.163%+$16 · spread now −0.149%, 7d avg −0.013%
=Funding pays, the price is against you. MEXC is 0.135% cheaper against Gate than usual: you would sell low and buy high (spread −0.149% now, against its 7-day average of −0.013%). If the spread goes back, that is −$14 on $10k: about 28 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.139% in total) that is about 6.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.139% in total (about 7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.91 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 LA_USDT | 0.07403 | −0.0688 | get 0.0344% / 4h | 52m 48s | $236K | $818K | 50x |
| Short | MEXC LA_USDT | 0.07392 | −0.0306 | pay 0.0153% / 4h | 52m 48s | $377K | $132K | 50x |
Gate LA_USDT
MEXC LA_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
- $80.22
- Price spread: −0.149% → −0.013%
- −$13.51
- Slippage, 4 orders
- −$80.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$32.51
- Costs to cover
- 0.992%
- Break-even
- 9.8 days
Slippage from Gate: live order book, 4 min ago; MEXC: live order book, 53 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, 4 min ago | 4.05 bp | 44.1 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 53 min ago | 0.67 bp | 9.9 bp −$10 | 44.7 bp −$447 | 383.9 bp −$38.4K | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LAUSDTM | −0.0958% | 4h | 0.07400 | −0.041% | $1.0M | $85K | 30x | as long as short |
| Gate LA_USDTlong | −0.0688% | 4h | 0.07403 | long leg | $236K | $818K | 50x | |
| OKX LA-USDT-SWAP | −0.0509% | 4h | 0.07382 | −0.284% | $1.3M | $3.1M | 20x | as long as short |
| BingX LA-USDT | −0.0492% | 4h | 0.07404 | +0.014% | — | $6.6M | — | as long as short |
| Aster LAUSDT | −0.0444% | 4h | 0.07407 | +0.050% | $51K | $24K | 5x | as long as short |
| Bitget LAUSDT | −0.0416% | 4h | 0.07403 | 0.000% | $2.0M | $493K | 25x | as long as short |
| BloFin LA-USDT | −0.0362% | 4h | 0.07396 | −0.095% | $246K | $20K | 25x | as long as short |
| MEXC LA_USDTshort | −0.0306% | 4h | 0.07392 | −0.149% | $377K | $132K | 50x | |
| Binance LAUSDT | −0.0300% | 4h | 0.07398 | −0.070% | $4.6M | $9.8M | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07394 | −0.122% | $2.3M | $2.6M | 25x | as long as short |
KuCoin LAUSDTM
OKX LA-USDT-SWAP
BingX LA-USDT
Aster LAUSDT
Bitget LAUSDT
BloFin LA-USDT
Binance LAUSDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07406 | +0.039% | $139K | $468K | 10x | as long as short |
GRVT LA_USDT_Perp