Funding you earn now, next payment 04:00 UTC+0.0550%/8h= +60.2% APRnext payment +$2.75 per $10,000 · paid last 24h +0.148%
Price spread now: MEXC against Gate+0.373%7-day average +0.124% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.288%+$29 on $10k
+Price spread, last 4 days (all we have)−0.225%−$22 · spread now +0.373%, 7d avg +0.124%
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and MEXC is 0.249% dearer against Gate than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.124%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.288% in total (about 15.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.75 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 NAORIS_USDT | 0.03753 | 0.0100 | pay 0.0050% / 4h | 0m 14s | $293K | $14K | 20x |
| Short | MEXC NAORIS_USDT | 0.03767 | 0.0650 | get 0.0325% / 4h | 0m 14s | $4.4M | $223K | 100x |
Gate NAORIS_USDT
MEXC NAORIS_USDTFunding 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
- $115.5
- Price spread: +0.373% → +0.124%
- $24.95
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- $117.45
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 52 min ago; MEXC: live order book, 2 min ago. 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 Gate live order book, 52 min ago | 29.48 bp | 621.4 bp −$621 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 25.20 bp | 99.2 bp −$99 | 132.6 bp −$1,326 | 168.6 bp −$16.9K | doesn't fit |
NAORIS 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NAORISUSDT | +0.0100% | 4h | 0.03756 | +0.085% | $1.1M | $450K | 20x | as long as short |
| Gate NAORIS_USDTlong | +0.0100% | 4h | 0.03753 | long leg | $293K | $14K | 20x | |
| KuCoin NAORISUSDTM | +0.0100% | 4h | 0.03761 | +0.213% | $444K | $28K | 10x | as long as short |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03761 | +0.213% | $3.4M | $215K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03755 | +0.049% | $77K | $24K | — | as long as short |
| Aster NAORISUSDT | +0.0422% | 4h | 0.03752 | −0.022% | $5K | $5K | 5x | as long as short |
| BingX NAORIS-USDT | +0.0626% | 4h | 0.03756 | +0.080% | — | $1.3M | — | as long as short |
| MEXC NAORIS_USDTshort | +0.0650% | 4h | 0.03767 | +0.373% | $4.4M | $223K | 100x | |
| Binance NAORISUSDT | +0.0653% | 4h | 0.03756 | +0.080% | $5.0M | $1.2M | 10x | as long as short |
| Extended NAORIS-USD | +0.0656% | 1h | 0.03755 | +0.051% | $2K | $100K | 5x | as long as short |
Bybit NAORISUSDT
KuCoin NAORISUSDTM
Bitget NAORISUSDT
Variational Omni NAORIS
Aster NAORISUSDT
BingX NAORIS-USDT
Binance NAORISUSDT
Extended NAORIS-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NAORIS-USDT | +0.0689% | 4h | 0.03758 | +0.133% | $290K | $10K | 10x | as long as short |
BloFin NAORIS-USDT