Funding you earn now, next payment 08:00 UTC−0.0212%/8h= −23.2% APRpaid last 24h −0.145%
Price spread now: Gate against MEXC−0.055%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$442as in the Funding arb table
Net, price: spread back to 7d avg − costs−$391as 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+0.005%+$1 · spread now −0.055%, 7d avg +0.022%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.077% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.022%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LIGHT_USDT | 0.1818 | 0.0312 | pay 0.0156% / 4h | 2h 40m | $1.4M | $295K | 50x |
| Short | Gate LIGHT_USDT | 0.1817 | 0.0100 | get 0.0100% / 8h | 2h 40m | $2.3M | $547K | 10x |
MEXC LIGHT_USDT
Gate LIGHT_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
- −$44.52
- Price spread: −0.055% → +0.022%
- −$7.72
- Slippage, 4 orders
- −$368.51
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$435.75
- Costs to cover
- 3.835%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Gate: 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 MEXC live order book, 1 min ago | 2.74 bp | 38.8 bp −$39 | 165.8 bp −$1,658 | 301.8 bp −$30.2K | doesn't fit |
| Sell Gate live order book, 2 min ago | 5.49 bp | 251.0 bp −$251 | doesn't fit | doesn't fit | 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 | 0.1818 | 0.000% | $897K | $1.3M | 10x | as long as short |
| Gate LIGHT_USDTshort | +0.0100% | 8h | 0.1817 | −0.055% | $2.3M | $547K | 10x | |
| KuCoin LIGHTUSDTM | +0.0100% | 4h | 0.1820 | +0.105% | $2.0M | $2.5M | 10x | as long as short |
| SunX LIGHT-USDT | +0.0100% | 4h | 0.1821 | +0.165% | $1K | $1.4M | 20x | as long as short |
| Bybit LIGHTUSDT | +0.0140% | 4h | 0.1817 | −0.028% | $2.2M | $611K | 13x | as long as short |
| Aster LIGHTUSDT | +0.0188% | 4h | 0.1817 | −0.066% | $22K | $6K | 5x | as long as short |
| MEXC LIGHT_USDTlong | +0.0312% | 4h | 0.1818 | long leg | $1.4M | $295K | 50x | |
| Binance LIGHTUSDT | +0.0314% | 4h | 0.1817 | −0.057% | $4.2M | $3.1M | 10x | as long as short |
| BloFin LIGHT-USDT | +0.0326% | 4h | 0.1822 | +0.220% | $241K | $15K | 10x | as long as short |
OKX LIGHT-USDT-SWAP
KuCoin LIGHTUSDTM
SunX LIGHT-USDT
Bybit LIGHTUSDT
Aster LIGHTUSDT
Binance LIGHTUSDT
BloFin LIGHT-USDT