Funding you earn now, next payment 04:00 UTC−0.1116%/8h= −122.2% APRnext payment −$5.58 per $10,000 · paid last 24h −0.150%
Price spread now: MEXC against Gate+0.064%7-day average −0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$221as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1781.780% of the position
Funding, last 7 days−0.429%−$43 on $10k
+Price spread, last 7 days−0.081%−$8 · spread now +0.064%, 7d avg −0.122%
=The price spread pays, funding is against you. MEXC is 0.186% dearer against Gate than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of −0.122%): +$19 on $10k if it goes back. Holding the pair costs −$33 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.429% in total) that is about 3.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.429% in total (about -22.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.58 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 MUBARAK_USDT | 0.04676 | 0.1326 | pay 0.0663% / 4h | 50m 51s | $7.4M | $5.4M | 50x |
| Short | MEXC MUBARAK_USDT | 0.04679 | 0.0210 | get 0.0105% / 4h | 50m 51s | $934K | $1.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$234.36
- Price spread: +0.064% → −0.122%
- $18.63
- Slippage, 4 orders
- −$159.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$393.77
- Costs to cover
- 1.780%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; MEXC: 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, 3 min ago | 8.56 bp | 28.5 bp −$28 | 443.0 bp −$4,430 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 19.26 bp | 63.0 bp −$63 | 91.1 bp −$911 | 247.7 bp −$24.8K | 543.8 bp −$271.9K |
MUBARAK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04657 | −0.408% | $2.9M | $58.7M | 20x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04663 | −0.284% | $12K | $55K | — | as long as short |
| MEXC MUBARAK_USDTshort | +0.0210% | 4h | 0.04679 | +0.064% | $934K | $1.5M | 50x | |
| Binance MUBARAKUSDT | +0.0211% | 4h | 0.04662 | −0.295% | $17.5M | $92.7M | 25x | as long as short |
| Bybit MUBARAKUSDT | +0.0286% | 4h | 0.04662 | −0.304% | $3.5M | $11.3M | 25x | as long as short |
| KuCoin MUBARAKUSDTM | +0.0324% | 4h | 0.04670 | −0.128% | $1.7M | $1.1M | 30x | as long as short |
| Bitget MUBARAKUSDT | +0.0348% | 4h | 0.04678 | +0.043% | $3.0M | $7.5M | 25x | as long as short |
| BingX MUBARAK-USDT | +0.0360% | 4h | 0.04669 | −0.150% | — | $3.2M | — | as long as short |
| Aster MUBARAKUSDT | +0.0456% | 4h | 0.04670 | −0.123% | $17K | $463K | 5x | as long as short |
| Gate MUBARAK_USDTlong | +0.1326% | 4h | 0.04676 | long leg | $7.4M | $5.4M | 50x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSD | +0.4226% | 1h | 0.04675 | −0.023% | $59K | $438K | 10x | as long as short |
Gate MUBARAK_USDT
MEXC MUBARAK_USDT
OKX MUBARAK-USDT-SWAP
Variational Omni MUBARAK
Binance MUBARAKUSDT
Bybit MUBARAKUSDT
KuCoin MUBARAKUSDTM
Bitget MUBARAKUSDT
BingX MUBARAK-USDT
Aster MUBARAKUSDT
Kraken Futures PF_MUBARAKUSD