Funding you earn now, next payment 04:00 UTC+0.0372%/8h= +40.7% APRnext payment +$1.86 per $10,000 · paid last 24h +0.680%
Price spread now: Gate against MEXC−1.147%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.242%+$224 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Gate is 1.147% cheaper against MEXC than usual: you would sell low and buy high (spread −1.147% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$115 on $10k: about 10 days of funding at the current rate (+$11 a day). At the pace of the last 7 days (+2.242% in total) that is about 3.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MICRODUCK_USDT | 0.004795 | −0.0272 | get 0.0136% / 4h | 29m 37s | $16K | $90K | 20x |
| Short | Gate MICRODUCK_USDT | 0.004740 | 0.0100 | get 0.0050% / 4h | 29m 37s | $52K | $24K | 10x |
MEXC MICRODUCK_USDT
Gate MICRODUCK_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
- $78.12
- Price spread: −1.147% → 0.000%
- −$114.7
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 10 bp × 2 orders
- −$20
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$71.58
- Costs to cover
- 0.350%
- Break-even
- 13.4 days
Slippage unknown: MEXC: no order-book sample; Gate: no order-book sample. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Gate no order-book sample | — | — | — | — | — |
MEXC and Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MICRODUCK on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC MICRODUCK_USDTlong | −0.0272% | 4h | 0.004795 | long leg | $16K | $90K | 20x | |
| BingX MICRODUCK-USDT | −0.0190% | 4h | 0.004778 | −0.355% | — | $124K | — | as long as short |
| Gate MICRODUCK_USDTshort | +0.0100% | 4h | 0.004740 | −1.147% | $52K | $24K | 10x |
BingX MICRODUCK-USDT