Funding you earn now, next payment 00:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h +0.732%
Price spread now: MEXC against Gate+0.645%7-day average +2.892% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,346as in the Funding arb table
Net, price: spread back to 7d avg − costs−$744as in the Price arb table
costs, in and out, $10k−$5195.189% of the position
Funding, last 7 days−8.270%−$827 on $10k
+Price spread, last 7 days+0.228%+$23 · spread now +0.645%, 7d avg +2.892%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 2.247% cheaper against Gate than usual: you would sell low and buy high (−$225 if the spread goes back to its 7-day average of +2.892%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ONE_USDT | 0.004015 | −0.0812 | get 0.0812% / 8h | 32m 13s | $1.6M | $16.6M | 20x |
| Short | MEXC ONE_USDT | 0.004041 | −0.0864 | pay 0.0108% / 1h | 32m 13s | $10.1M | $16.8M | 20x |
Funding 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
- −$10.92
- Price spread: +0.645% → +2.892%
- −$224.71
- Slippage, 4 orders
- −$499.85
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$754.48
- Costs to cover
- 5.189%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; MEXC: live order book, 1 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, 1 min ago | 4.95 bp | 263.4 bp −$263 | 1813.6 bp −$18.1K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.12 bp | 18.1 bp −$18 | 72.1 bp −$721 | 263.0 bp −$26.3K | doesn't fit |
ONE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ONE | −0.5416% | 1h | 0.004085 | +1.745% | $100K | $53K | — | as long as short |
| Bitget ONEUSDT | −0.3224% | 1h | 0.004058 | +1.076% | $1.7M | $37.7M | 20x | as long as short |
| BloFin ONE-USDT | −0.1828% | 1h | 0.004077 | +1.544% | $767K | $3.1M | 50x | as long as short |
| Aster ONEUSDT | −0.1207% | 1h | 0.004013 | −0.038% | $2.1M | $8.5M | 5x | as long as short |
| Binance ONEUSDT | −0.0867% | 1h | 0.004033 | +0.453% | $13.5M | $363.7M | 50x | as long as short |
| MEXC ONE_USDTshort | −0.0864% | 1h | 0.004041 | +0.645% | $10.1M | $16.8M | 20x | |
| Gate ONE_USDTlong | −0.0812% | 8h | 0.004015 | long leg | $1.6M | $16.6M | 20x | |
| BingX ONE-USDT | −0.0088% | 1h | 0.004038 | +0.583% | — | $6.6M | — | as long as short |
| KuCoin ONEUSDTM | +0.3248% | 1h | 0.004229 | +5.330% | $4.5M | $13.1M | 30x | as long as short |
Gate ONE_USDT
MEXC ONE_USDT
Variational Omni ONE
Bitget ONEUSDT
BloFin ONE-USDT
Aster ONEUSDT
Binance ONEUSDT
BingX ONE-USDT
KuCoin ONEUSDTM