Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against BingX−0.150%7-day average −0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$242as in the Funding arb table
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2422.422% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.025%+$2 · spread now −0.150%, 7d avg −0.111%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.039% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.111%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MEW-USDT | 0.0004659 | 0.0100 | pay 0.0050% / 4h | 3h 41m | — | $24.2M | — |
| Short | Gate MEW_USDT | 0.0004652 | 0.0100 | get 0.0050% / 4h | 3h 41m | $124K | $80K | 50x |
BingX MEW-USDT
Gate MEW_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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: −0.150% → −0.111%
- −$3.92
- Slippage, 4 orders
- −$217.18
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$246.1
- Costs to cover
- 2.422%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Gate: live order book, 24 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 BingX live order book, 7 min ago | 5.36 bp | 21.4 bp −$21 | 91.6 bp −$916 | 735.4 bp −$73.5K | 1036.0 bp −$518.0K |
| Sell Gate live order book, 24 min ago | 6.42 bp | 56.2 bp −$56 | 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 | 0.0004650 | −0.193% | — | — | 100x | as long as short |
| Injective MEW/USDC PERP | +0.0033% | 1h | 0.0004219 | −9.444% | $46 | $14K | 5.5x | as long as short |
| Binance MEWUSDT | +0.0100% | 4h | 0.0004656 | −0.056% | $1.2M | $2.8M | 50x | as long as short |
| Bybit MEWUSDT | +0.0100% | 4h | 0.0004657 | −0.043% | $1.5M | $1.1M | 25x | as long as short |
| OKX MEW-USDT-SWAP | +0.0100% | 4h | 0.0004653 | −0.129% | $524K | $702K | 20x | as long as short |
| Gate MEW_USDTshort | +0.0100% | 4h | 0.0004652 | −0.150% | $124K | $80K | 50x | |
| MEXC MEW_USDT | +0.0100% | 4h | 0.0004657 | −0.043% | $387K | $173K | 125x | as long as short |
| KuCoin MEWUSDTM | +0.0100% | 4h | 0.0004658 | −0.021% | $340K | $115K | 30x | as long as short |
| Bitget MEWUSDT | +0.0100% | 4h | 0.0004655 | −0.086% | $492K | $365K | 50x | as long as short |
| BingX MEW-USDTlong | +0.0100% | 4h | 0.0004659 | long leg | — | $24.2M | — |
GMX MEW/USD [WBTC.b-USDC]
Injective MEW/USDC PERP
Binance MEWUSDT
Bybit MEWUSDT
OKX MEW-USDT-SWAP
MEXC MEW_USDT
KuCoin MEWUSDTM
Bitget MEWUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MEW | +0.0100% | 4h | 0.0004654 | −0.112% | $82K | $32K | — | as long as short |
| Kraken Futures PF_MEWUSD | +0.0690% | 1h | 0.0004667 | +0.166% | $91K | $108K | 10x | as long as short |
Variational Omni MEW
Kraken Futures PF_MEWUSD