Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate−0.394%7-day average +0.146% · you buy dearer than you sell
Net, funding: paid 7d − costs−$307as in the Funding arb table
Net, price: spread back to 7d avg − costs−$361as in the Price arb table
costs, in and out, $10k−$3073.069% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.476%+$48 · spread now −0.394%, 7d avg +0.146%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.540% cheaper against Gate than usual: you would sell low and buy high, −$54 on $10k if it goes back to its 7-day average of +0.146%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MEW_USDT | 0.0004770 | 0.0100 | pay 0.0050% / 4h | 58m 43s | $139K | $143K | 50x |
| Short | Binance MEWUSDT | 0.0004751 | 0.0100 | get 0.0050% / 4h | 58m 43s | $1.3M | $3.6M | 50x |
Gate MEW_USDT
Binance MEWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0
- Price spread: −0.394% → +0.146%
- −$54.03
- Slippage, 4 orders
- −$281.92
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$360.95
- Costs to cover
- 3.069%
- Break-even
- never at this rate
Slippage from Gate: live order book, 37 min ago; Binance: live order book, 7 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, 37 min ago | 7.43 bp | 139.0 bp −$139 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.05 bp | 21.9 bp −$22 | 85.0 bp −$850 | 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 | 0.0004760 | −0.210% | — | — | 100x | as long as short |
| Injective MEW/USDC PERP | +0.0033% | 1h | 0.0004219 | −11.551% | $46 | $14K | 5.5x | as long as short |
| Binance MEWUSDTshort | +0.0100% | 4h | 0.0004751 | −0.394% | $1.3M | $3.6M | 50x | |
| Bybit MEWUSDT | +0.0100% | 4h | 0.0004747 | −0.482% | $1.5M | $1.6M | 25x | as long as short |
| OKX MEW-USDT-SWAP | +0.0100% | 4h | 0.0004743 | −0.566% | $548K | $916K | 20x | as long as short |
| Gate MEW_USDTlong | +0.0100% | 4h | 0.0004770 | long leg | $139K | $143K | 50x | |
| MEXC MEW_USDT | +0.0100% | 4h | 0.0004756 | −0.294% | $376K | $177K | 125x | as long as short |
| KuCoin MEWUSDTM | +0.0100% | 4h | 0.0004777 | +0.147% | $333K | $117K | 30x | as long as short |
| Bitget MEWUSDT | +0.0100% | 4h | 0.0004759 | −0.231% | $486K | $540K | 50x | as long as short |
| BingX MEW-USDT | +0.0100% | 4h | 0.0004751 | −0.398% | — | $6.7M | — | 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 | 0.0004766 | −0.080% | $84K | $36K | — | as long as short |
| Kraken Futures PF_MEWUSD | +0.0741% | 1h | 0.0004789 | +0.399% | $93K | $133K | 10x | as long as short |
Variational Omni MEW
Kraken Futures PF_MEWUSD