Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance−0.129%7-day average −0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2482.476% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.129%, 7d avg −0.148%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MEWUSDT | 0.0004668 | 0.0100 | pay 0.0050% / 4h | 28m 55s | $1.1M | $2.7M | 50x |
| Short | Gate MEW_USDT | 0.0004662 | 0.0100 | get 0.0050% / 4h | 28m 55s | $124K | $77K | 50x |
Binance MEWUSDT
Gate MEW_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- $0
- Price spread: −0.129% → −0.148%
- $1.97
- Slippage, 4 orders
- −$222.65
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$245.68
- Costs to cover
- 2.476%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Gate: live order book, 41 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 Binance live order book, 6 min ago | 4.30 bp | 21.1 bp −$21 | 183.9 bp −$1,839 | doesn't fit | doesn't fit |
| Sell Gate live order book, 41 min ago | 6.44 bp | 62.0 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
MEW on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEW/USD [WBTC.b-USDC] | L 0.0000% / S 0.0000% | 1h | 0.0004660 | −0.171% | — | — | 100x | as long as short |
| Injective MEW/USDC PERP | +0.0033% | 1h | 0.0004219 | −9.619% | $46 | $14K | 5.5x | as long as short |
| Binance MEWUSDTlong | +0.0100% | 4h | 0.0004668 | long leg | $1.1M | $2.7M | 50x | |
| Bybit MEWUSDT | +0.0100% | 4h | 0.0004668 | 0.000% | $1.5M | $1.0M | 25x | as long as short |
| OKX MEW-USDT-SWAP | +0.0100% | 4h | 0.0004668 | 0.000% | $526K | $674K | 20x | as long as short |
| Gate MEW_USDTshort | +0.0100% | 4h | 0.0004662 | −0.129% | $124K | $77K | 50x | |
| MEXC MEW_USDT | +0.0100% | 4h | 0.0004669 | +0.021% | $387K | $172K | 125x | as long as short |
| KuCoin MEWUSDTM | +0.0100% | 4h | 0.0004667 | −0.021% | $348K | $112K | 30x | as long as short |
| Bitget MEWUSDT | +0.0100% | 4h | 0.0004667 | −0.021% | $487K | $356K | 50x | as long as short |
| BingX MEW-USDT | +0.0100% | 4h | 0.0004667 | −0.021% | — | $24.2M | — | as long as short |
GMX MEW/USD [WBTC.b-USDC]
Injective MEW/USDC PERP
Bybit MEWUSDT
OKX MEW-USDT-SWAP
MEXC MEW_USDT
KuCoin MEWUSDTM
Bitget MEWUSDT
BingX MEW-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MEW | +0.0100% | 4h | 0.0004668 | +0.010% | $82K | $32K | — | as long as short |
| Kraken Futures PF_MEWUSD | +0.2271% | 1h | 0.0004672 | +0.089% | $92K | $129K | 10x | as long as short |
Variational Omni MEW
Kraken Futures PF_MEWUSD