Funding you earn now, next payment 08:00 UTC+0.0598%/8h= +65.5% APRnext payment +$2.99 per $10,000 · paid last 24h +0.098%
Price spread now: Bitget against Gate−0.173%7-day average +0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$243as in the Price arb table
costs, in and out, $10k−$2102.105% of the position
Funding, last 7 days+0.203%+$20 on $10k
+Price spread, last 4 days (all we have)+0.391%+$39 · spread now −0.173%, 7d avg +0.148%
=Funding pays, the price is against you. Bitget is 0.321% cheaper against Gate than usual: you would sell low and buy high (spread −0.173% now, against its 7-day average of +0.148%). If the spread goes back, that is −$32 on $10k: about 43 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.203% in total) that is about 11 days.
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 +$2.99 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 | 0.01041 | 0.0100 | pay 0.0050% / 4h | 2h 01m | $193K | $223K | 50x |
| Short | Bitget MOCAUSDT | 0.01039 | 0.0698 | get 0.0349% / 4h | 2h 01m | $234K | $1.1M | 50x |
Gate MOCA_USDT
Bitget MOCAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $125.58
- Price spread: −0.173% → +0.148%
- −$32.07
- Slippage, 4 orders
- −$183.46
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$116.95
- Costs to cover
- 2.105%
- Break-even
- 13.5 days
Slippage from Gate: live order book, 40 min ago; Bitget: live order book, 5 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, 40 min ago | 9.67 bp | 61.2 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 11.98 bp | 30.5 bp −$31 | 165.5 bp −$1,655 | 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 | 0.01043 | +0.235% | $1.4M | $2.6M | 50x | as long as short |
| Bybit MOCAUSDT | +0.0100% | 4h | 0.01039 | −0.173% | $737K | $855K | 25x | as long as short |
| Gate MOCA_USDTlong | +0.0100% | 4h | 0.01041 | long leg | $193K | $223K | 50x | |
| MEXC MOCA_USDT | +0.0100% | 4h | 0.01043 | +0.192% | $533K | $152K | 50x | as long as short |
| KuCoin MOCAUSDTM | +0.0100% | 4h | 0.01036 | −0.480% | $79K | $49K | 20x | as long as short |
| Bitget MOCAUSDTshort | +0.0698% | 4h | 0.01039 | −0.173% | $234K | $1.1M | 50x |
Binance MOCAUSDT
Bybit MOCAUSDT
MEXC MOCA_USDT
KuCoin MOCAUSDTM