Funding you earn now, next payment 08:00 UTC−0.0704%/8h= −77.1% APRnext payment −$3.52 per $10,000 · paid last 24h −0.098%
Price spread now: Gate against Bitget−0.174%7-day average −0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$223as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$2022.023% of the position
Funding, last 7 days−0.203%−$20 on $10k
+Price spread, last 4 days (all we have)−0.044%−$4 · spread now −0.174%, 7d avg −0.148%
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Gate is 0.026% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.148%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.203% in total (about -10.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.52 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MOCAUSDT | 0.01033 | 0.0804 | pay 0.0402% / 4h | 2h 41m | $246K | $1.1M | 50x |
| Short | Gate MOCA_USDT | 0.01031 | 0.0100 | get 0.0050% / 4h | 2h 41m | $190K | $222K | 50x |
Bitget MOCAUSDT
Gate MOCA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- −$147.84
- Price spread: −0.174% → −0.148%
- −$2.65
- Slippage, 4 orders
- −$175.35
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$352.84
- Costs to cover
- 2.023%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 66 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 Bitget live order book, 5 min ago | 4.81 bp | 41.0 bp −$41 | 383.0 bp −$3,830 | doesn't fit | doesn't fit |
| Sell Gate live order book, 66 min ago | 9.61 bp | 55.8 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
MOCA on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MOCAUSDT | +0.0100% | 4h | 0.01033 | −0.013% | $1.4M | $2.6M | 50x | as long as short |
| Bybit MOCAUSDT | +0.0100% | 4h | 0.01029 | −0.339% | $726K | $870K | 25x | as long as short |
| Gate MOCA_USDTshort | +0.0100% | 4h | 0.01031 | −0.174% | $190K | $222K | 50x | |
| MEXC MOCA_USDT | +0.0100% | 4h | 0.01033 | +0.019% | $528K | $149K | 50x | as long as short |
| KuCoin MOCAUSDTM | +0.0100% | 4h | 0.01031 | −0.174% | $79K | $49K | 20x | as long as short |
| Bitget MOCAUSDTlong | +0.0804% | 4h | 0.01033 | long leg | $246K | $1.1M | 50x |
Binance MOCAUSDT
Bybit MOCAUSDT
MEXC MOCA_USDT
KuCoin MOCAUSDTM