Funding you earn now, next payment 12:00 UTC+0.0367%/8h= +40.2% APRnext payment +$1.84 per $10,000 · paid last 24h +0.004%
Price spread now: Binance against Gate+0.105%7-day average +0.190% · you sell dearer than you buy
Net, funding: paid 7d − costs−$235as in the Funding arb table
Net, price: spread back to 7d avg − costs−$244as in the Price arb table
costs, in and out, $10k−$2352.354% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)−0.320%−$32 · spread now +0.105%, 7d avg +0.190%
=Funding pays, the price is against you. Binance is 0.085% cheaper against Gate than usual: you would sell low and buy high (spread +0.105% now, against its 7-day average of +0.190%). If the spread goes back, that is −$8 on $10k: about 18 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.005% in total) that is about 4 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.005% in total (about 0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.84 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 | Gate MOCA_USDT | 0.01048 | 0.0100 | pay 0.0050% / 4h | 3h 05m | $192K | $83K | 50x |
| Short | Binance MOCAUSDT | 0.01049 | 0.0467 | get 0.0234% / 4h | 3h 05m | $1.4M | $1.3M | 50x |
Gate MOCA_USDT
Binance MOCAUSDTFunding 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
- $77.07
- Price spread: +0.105% → +0.190%
- −$8.45
- Slippage, 4 orders
- −$210.42
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$166.81
- Costs to cover
- 2.354%
- Break-even
- 22.2 days
Slippage from Gate: live order book, 21 min ago; Binance: live order book, 13 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, 21 min ago | 4.82 bp | 101.5 bp −$102 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.38 bp | 30.1 bp −$30 | 212.7 bp −$2,127 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MOCAUSDT | +0.0100% | 4h | 0.01047 | −0.134% | $742K | $380K | 25x | as long as short |
| Gate MOCA_USDTlong | +0.0100% | 4h | 0.01048 | long leg | $192K | $83K | 50x | |
| KuCoin MOCAUSDTM | +0.0100% | 4h | 0.01049 | +0.095% | $109K | $29K | 20x | as long as short |
| MEXC MOCA_USDT | +0.0444% | 4h | 0.01049 | +0.095% | $538K | $147K | 50x | as long as short |
| Binance MOCAUSDTshort | +0.0467% | 4h | 0.01049 | +0.105% | $1.4M | $1.3M | 50x | |
| Bitget MOCAUSDT | +0.0488% | 4h | 0.01047 | −0.124% | $230K | $180K | 50x | as long as short |
Bybit MOCAUSDT
KuCoin MOCAUSDTM
MEXC MOCA_USDT
Bitget MOCAUSDT