Funding you earn now, next payment 08:00 UTC−0.0152%/8h= −16.6% APRnext payment −$0.76 per $10,000 · paid last 24h −0.147%
Price spread now: Gate against MEXC−0.213%7-day average −0.129% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.315%−$32 on $10k
+Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.213%, 7d avg −0.129%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.084% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.129%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NAORIS_USDT | 0.03750 | 0.0252 | pay 0.0126% / 4h | 2h 20m | $4.4M | $216K | 100x |
| Short | Gate NAORIS_USDT | 0.03742 | 0.0100 | get 0.0050% / 4h | 2h 20m | $291K | $14K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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
- −$31.92
- Price spread: −0.213% → −0.129%
- −$8.44
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$63.36
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 1 min ago; Gate: live order book, 21 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 MEXC live order book, 1 min ago | 18.65 bp | 85.2 bp −$85 | 123.3 bp −$1,233 | 162.1 bp −$16.2K | doesn't fit |
| Sell Gate live order book, 21 min ago | 28.20 bp | doesn't fit | doesn't fit | doesn't fit | 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 | 0.03744 | −0.160% | $1.1M | $457K | 20x | as long as short |
| Gate NAORIS_USDTshort | +0.0100% | 4h | 0.03742 | −0.213% | $291K | $14K | 20x | |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03757 | +0.187% | $3.4M | $219K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03748 | −0.057% | $77K | $24K | — | as long as short |
| Aster NAORISUSDT | +0.0107% | 4h | 0.03747 | −0.075% | $5K | $5K | 5x | as long as short |
| Binance NAORISUSDT | +0.0244% | 4h | 0.03751 | +0.039% | $5.0M | $1.2M | 10x | as long as short |
| Extended NAORIS-USD | +0.0248% | 1h | 0.03747 | −0.070% | $7K | $151K | 5x | as long as short |
| MEXC NAORIS_USDTlong | +0.0252% | 4h | 0.03750 | long leg | $4.4M | $216K | 100x | |
| BingX NAORIS-USDT | +0.0286% | 4h | 0.03749 | −0.027% | — | $1.3M | — | as long as short |
| BloFin NAORIS-USDT | +0.0298% | 4h | 0.03756 | +0.160% | $291K | $10K | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NAORISUSDTM | +0.0428% | 4h | 0.03740 | −0.267% | $439K | $28K | 10x | as long as short |
MEXC NAORIS_USDT
Gate NAORIS_USDT
Bybit NAORISUSDT
Bitget NAORISUSDT
Variational Omni NAORIS
Aster NAORISUSDT
Binance NAORISUSDT
Extended NAORIS-USD
BingX NAORIS-USDT
BloFin NAORIS-USDT
KuCoin NAORISUSDTM