Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against MEXC+0.054%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$740.737% of the position
Funding, last 7 days+0.479%+$48 on $10k
+Price spread, last 7 days−0.124%−$12 · spread now +0.054%, 7d avg −0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.062% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PI_USDT | 0.09275 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $9.7M | $1.4M | 125x |
| Short | Gate PI_USDT | 0.09280 | 0.0100 | get 0.0050% / 4h | 2h 54m | $2.7M | $2.3M | 50x |
MEXC PI_USDT
Gate PI_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: +0.054% → −0.008%
- $6.2
- Slippage, 4 orders
- −$54.67
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$67.47
- Costs to cover
- 0.737%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 9 min ago; Gate: live order book, 4 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, 9 min ago | 1.07 bp | 10.6 bp −$11 | 50.6 bp −$506 | 168.8 bp −$16.9K | 277.5 bp −$138.7K |
| Sell Gate live order book, 4 min ago | 5.33 bp | 32.6 bp −$33 | 148.1 bp −$1,481 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget PIUSDT | −0.0040% | 4h | 0.09260 | −0.162% | $5.0M | $2.0M | 50x | as long as short |
| Injective PI/USDC PERP | +0.0033% | 1h | 0.09090 | −1.995% | $1 | $75K | 5.5x | as long as short |
| OKX PI-USDT-SWAP | +0.0100% | 4h | 0.09278 | +0.032% | $2.7M | $7.0M | 20x | as long as short |
| Gate PI_USDTshort | +0.0100% | 4h | 0.09280 | +0.054% | $2.7M | $2.3M | 50x | |
| MEXC PI_USDTlong | +0.0100% | 4h | 0.09275 | long leg | $9.7M | $1.4M | 125x | |
| BingX PI-USDT | +0.0100% | 4h | 0.09283 | +0.086% | — | $6.7M | — | as long as short |
Bitget PIUSDT
Injective PI/USDC PERP
OKX PI-USDT-SWAP
BingX PI-USDT