Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Gate against MEXC−0.029%7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1421.419% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 7 days+0.133%+$13 · spread now −0.029%, 7d avg +0.054%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.082% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NIL_USDT | 0.06961 | 0.0100 | pay 0.0050% / 4h | 4m 18s | $2.3M | $4.3M | 100x |
| Short | Gate NIL_USDT | 0.06959 | 0.0100 | get 0.0050% / 4h | 4m 18s | $447K | $2.0M | 50x |
MEXC NIL_USDT
Gate NIL_USDTFunding 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
- $0
- Price spread: −0.029% → +0.054%
- −$8.23
- Slippage, 4 orders
- −$122.87
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$150.1
- Costs to cover
- 1.419%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Gate: live order book, 3 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 MEXC live order book, 3 min ago | 2.15 bp | 20.6 bp −$21 | 135.5 bp −$1,355 | 301.6 bp −$30.2K | 572.4 bp −$286.2K |
| Sell Gate live order book, 3 min ago | 12.94 bp | 44.7 bp −$45 | 233.0 bp −$2,330 | doesn't fit | doesn't fit |
NIL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NILUSDT | +0.0100% | 4h | 0.06958 | −0.040% | $23K | $315K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06956 | −0.072% | $5.4M | $74.0M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.06968 | +0.101% | $3.8M | $13.7M | 20x | as long as short |
| Gate NIL_USDTshort | +0.0100% | 4h | 0.06959 | −0.029% | $447K | $2.0M | 50x | |
| MEXC NIL_USDTlong | +0.0100% | 4h | 0.06961 | long leg | $2.3M | $4.3M | 100x | |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06964 | +0.043% | $579K | $702K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.06968 | +0.101% | $1.9M | $8.4M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.06959 | −0.029% | — | $8.4M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.06969 | +0.119% | $184K | $264K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06956 | −0.072% | $21K | $98K | 5x | as long as short |
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
KuCoin NILUSDTM
Bitget NILUSDT
BingX NIL-USDT
Variational Omni NIL
Extended NIL-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0147% | 4h | 0.06956 | −0.072% | $351K | $125K | 50x | as long as short |
| Hyperliquid NIL | +0.0841% | 1h | 0.06972 | +0.164% | $4.4M | $4.6M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL