Funding you earn now, next payment 08:00 UTC+0.0212%/8h= +23.2% APRpaid last 24h +0.145%
Price spread now: MEXC against Gate0.000%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$325as in the Funding arb table
Net, price: spread back to 7d avg − costs−$381as in the Price arb table
costs, in and out, $10k−$3843.835% of the position
Funding, last 7 days+0.589%+$59 on $10k
+Price spread, last 7 days+0.050%+$5 · spread now 0.000%, 7d avg −0.022%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and MEXC is 0.022% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LIGHT_USDT | 0.1816 | 0.0100 | pay 0.0100% / 8h | 2h 39m | $2.3M | $547K | 10x |
| Short | MEXC LIGHT_USDT | 0.1816 | 0.0312 | get 0.0156% / 4h | 2h 39m | $1.4M | $295K | 50x |
Gate LIGHT_USDT
MEXC LIGHT_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
- $44.52
- Price spread: 0.000% → −0.022%
- $2.22
- Slippage, 4 orders
- −$368.51
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$336.77
- Costs to cover
- 3.835%
- Break-even
- 60.0 days
Slippage from Gate: live order book, 4 min ago; MEXC: live order book, 2 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 | 5.49 bp | 65.8 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.74 bp | 28.0 bp −$28 | 137.0 bp −$1,370 | 301.2 bp −$30.1K | doesn't fit |
LIGHT 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 LIGHT-USDT-SWAP | +0.0100% | 4h | 0.1815 | −0.055% | $898K | $1.3M | 10x | as long as short |
| Gate LIGHT_USDTlong | +0.0100% | 8h | 0.1816 | long leg | $2.3M | $547K | 10x | |
| KuCoin LIGHTUSDTM | +0.0100% | 4h | 0.1815 | −0.055% | $2.0M | $2.5M | 10x | as long as short |
| SunX LIGHT-USDT | +0.0100% | 4h | 0.1812 | −0.220% | $2K | $1.4M | 20x | as long as short |
| Bybit LIGHTUSDT | +0.0112% | 4h | 0.1816 | +0.022% | $2.2M | $611K | 13x | as long as short |
| Aster LIGHTUSDT | +0.0179% | 4h | 0.1815 | −0.045% | $22K | $6K | 5x | as long as short |
| BloFin LIGHT-USDT | +0.0283% | 4h | 0.1818 | +0.110% | $240K | $15K | 10x | as long as short |
| Binance LIGHTUSDT | +0.0305% | 4h | 0.1815 | −0.058% | $4.2M | $3.1M | 10x | as long as short |
| MEXC LIGHT_USDTshort | +0.0312% | 4h | 0.1816 | 0.000% | $1.4M | $295K | 50x |
OKX LIGHT-USDT-SWAP
KuCoin LIGHTUSDTM
SunX LIGHT-USDT
Bybit LIGHTUSDT
Aster LIGHTUSDT
BloFin LIGHT-USDT
Binance LIGHTUSDT