Funding you earn now, next payment 04:00 UTC+0.0376%/8h= +41.2% APRnext payment +$1.88 per $10,000 · paid last 24h +0.022%
Price spread now: Gate against MEXC−0.141%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Gate is 0.141% cheaper against MEXC than usual: you would sell low and buy high (spread −0.141% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 30 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.068% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.068% in total (about 3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.88 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 | MEXC OG_USDT | 2.8360 | 0.0100 | pay 0.0050% / 4h | 29m 52s | $744K | $232K | 50x |
| Short | Gate OG_USDT | 2.8320 | 0.0476 | get 0.0238% / 4h | 29m 52s | $97K | $27K | 25x |
MEXC OG_USDT
Gate OG_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
- $78.96
- Price spread: −0.141% → 0.000%
- −$14.1
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $45.86
- Costs to cover
- 0.190%
- Break-even
- 2.9 days
Slippage unknown: MEXC: live order book, 21 min ago; Gate: no order-book sample. 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, 21 min ago | 3.53 bp | 14.7 bp −$15 | 85.8 bp −$858 | 162.9 bp −$16.3K | 445.0 bp −$222.5K |
| Sell Gate no order-book sample | — | — | — | — | — |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
OG on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance OGUSDT | +0.0100% | 4h | 2.8356 | −0.015% | $1.9M | $1.1M | 25x | as long as short |
| Bybit OGUSDT | +0.0100% | 8h | 2.8410 | +0.176% | $531K | $159K | 13x | as long as short |
| MEXC OG_USDTlong | +0.0100% | 4h | 2.8360 | long leg | $744K | $232K | 50x | |
| KuCoin OGUSDTM | +0.0100% | 4h | 2.8375 | +0.053% | $170K | $60K | 25x | as long as short |
| Bitget OGUSDT | +0.0100% | 4h | 2.8347 | −0.046% | $251K | $136K | 20x | as long as short |
| BingX OG-USDT | +0.0100% | 4h | 2.8370 | +0.035% | — | $6.5M | — | as long as short |
| Variational Omni OG | +0.0100% | 8h | 2.8375 | +0.053% | $1K | $262 | — | as long as short |
| Gate OG_USDTshort | +0.0476% | 4h | 2.8320 | −0.141% | $97K | $27K | 25x |
Binance OGUSDT
Bybit OGUSDT
KuCoin OGUSDTM
Bitget OGUSDT
BingX OG-USDT
Variational Omni OG