Funding you earn now, next payment 04:00 UTC+0.0376%/8h= +41.2% APRnext payment +$1.88 per $10,000 · paid last 24h +0.077%
Price spread now: MEXC against Gate+0.071%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$431as in the Funding arb table
Net, price: spread back to 7d avg − costs−$472as in the Price arb table
costs, in and out, $10k−$4704.697% of the position
Funding, last 7 days+0.391%+$39 on $10k
+Price spread, last 7 days+0.002%$0 · spread now +0.071%, 7d avg +0.094%
=Funding pays, the price is against you. MEXC is 0.023% cheaper against Gate than usual: you would sell low and buy high (spread +0.071% now, against its 7-day average of +0.094%). If the spread goes back, that is −$2 on $10k: about 5 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.391% in total) that is about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate O_USDT | 0.5614 | 0.0100 | pay 0.0050% / 4h | 3m 59s | $1.5M | $543K | 20x |
| Short | MEXC O_USDT | 0.5618 | 0.0476 | get 0.0238% / 4h | 3m 59s | $969K | $178K | 50x |
Gate O_USDT
MEXC O_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
- $78.96
- Price spread: +0.071% → +0.094%
- −$2.32
- Slippage, 4 orders
- −$446.75
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$393.11
- Costs to cover
- 4.697%
- Break-even
- 41.9 days
Slippage from Gate: live order book, 3 min ago; MEXC: live order book, 47 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 | 10.69 bp | 188.8 bp −$189 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 47 min ago | 1.80 bp | 12.7 bp −$13 | 70.6 bp −$706 | 481.2 bp −$48.1K | doesn't fit |
O 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OUSDT | +0.0100% | 4h | 0.5610 | −0.080% | $20K | $50K | 3x | as long as short |
| Gate O_USDTlong | +0.0100% | 4h | 0.5614 | long leg | $1.5M | $543K | 20x | |
| Bitget OUSDT | +0.0100% | 4h | 0.5622 | +0.143% | $1.6M | $327K | 10x | as long as short |
| Variational Omni O | +0.0100% | 4h | 0.5608 | −0.115% | $3K | $518 | — | as long as short |
| Binance OUSDT | +0.0169% | 4h | 0.5618 | +0.066% | $4.8M | $2.0M | 10x | as long as short |
| KuCoin OUSDTM | +0.0344% | 4h | 0.5617 | +0.053% | $1.3M | $676K | 20x | as long as short |
| Bybit OUSDT | +0.0386% | 4h | 0.5615 | +0.018% | $718K | $937K | 20x | as long as short |
| BloFin O-USDT | +0.0452% | 4h | 0.5611 | −0.053% | $240K | $6K | 20x | as long as short |
| OKX O-USDT-SWAP | +0.0471% | 4h | 0.5619 | +0.089% | $1.5M | $1.1M | 10x | as long as short |
| MEXC O_USDTshort | +0.0476% | 4h | 0.5618 | +0.071% | $969K | $178K | 50x |
Aster OUSDT
Bitget OUSDT
Variational Omni O
Binance OUSDT
KuCoin OUSDTM
Bybit OUSDT
BloFin O-USDT
OKX O-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX O-USDT | +0.0476% | 4h | 0.5618 | +0.071% | — | $1.6M | — | as long as short |
BingX O-USDT