Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate−0.121%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$770.771% of the position
Funding, last 7 days−0.485%−$49 on $10k
+Price spread, last 7 days+0.192%+$19 · spread now −0.121%, 7d avg +0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.125% cheaper against Gate than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PI_USDT | 0.09070 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $2.7M | $2.4M | 50x |
| Short | MEXC PI_USDT | 0.09059 | 0.0100 | get 0.0050% / 4h | 2h 41m | $10.0M | $1.6M | 125x |
Gate PI_USDT
MEXC PI_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
- $0
- Price spread: −0.121% → +0.004%
- −$12.54
- Slippage, 4 orders
- −$58.07
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$89.61
- Costs to cover
- 0.771%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; MEXC: live order book, 2 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, 2 min ago | 5.51 bp | 33.6 bp −$34 | 165.8 bp −$1,658 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.65 bp | 7.1 bp −$7 | 42.8 bp −$428 | 165.8 bp −$16.6K | 292.1 bp −$146.0K |
PI on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PI/USDC PERP | +0.0033% | 1h | 0.09090 | +0.221% | $1 | $75K | 5.5x | as long as short |
| OKX PI-USDT-SWAP | +0.0100% | 4h | 0.09060 | −0.110% | $2.6M | $7.2M | 20x | as long as short |
| Gate PI_USDTlong | +0.0100% | 4h | 0.09070 | long leg | $2.7M | $2.4M | 50x | |
| MEXC PI_USDTshort | +0.0100% | 4h | 0.09059 | −0.121% | $10.0M | $1.6M | 125x | |
| Bitget PIUSDT | +0.0100% | 4h | 0.09050 | −0.221% | $5.0M | $2.1M | 50x | as long as short |
| BingX PI-USDT | +0.0100% | 4h | 0.09060 | −0.110% | — | $6.6M | — | as long as short |
Injective PI/USDC PERP
OKX PI-USDT-SWAP
Bitget PIUSDT
BingX PI-USDT