Funding you earn now, next payment 04:00 UTC+0.0636%/8h= +69.6% APRnext payment +$3.18 per $10,000 · paid last 24h +0.061%
Price spread now: Gate against MEXC+0.247%7-day average +0.139% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.548%+$55 on $10k
+Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.247%, 7d avg +0.139%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Gate is 0.108% dearer against MEXC than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.139%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PLAY_USDT | 0.02831 | 0.0100 | pay 0.0050% / 4h | 29m 50s | $7.8M | $601K | 20x |
| Short | Gate PLAY_USDT | 0.02838 | 0.0736 | get 0.0368% / 4h | 29m 50s | $492K | $526K | 10x |
Funding 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
- $133.56
- Price spread: +0.247% → +0.139%
- $10.79
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $125.35
- Costs to cover
- 0.190%
- Break-even
- 0.4 days
Slippage unknown: MEXC: live order book, 3 min ago; Gate: live order book, 26 min ago. 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, 3 min ago | 3.53 bp | 37.2 bp −$37 | 116.1 bp −$1,161 | 504.1 bp −$50.4K | doesn't fit |
| Sell Gate live order book, 26 min ago | 7.06 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
PLAY on 5 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 PLAYUSDT | +0.0100% | 4h | 0.02822 | −0.318% | $1.8M | $1.0M | 5x | as long as short |
| Binance PLAYUSDT | +0.0100% | 4h | 0.02832 | +0.035% | $4.5M | $10.5M | 10x | as long as short |
| MEXC PLAY_USDTlong | +0.0100% | 4h | 0.02831 | long leg | $7.8M | $601K | 20x | |
| Extended PLAY-USD | +0.0104% | 1h | 0.02830 | −0.028% | $1K | $118K | 5x | as long as short |
| Gate PLAY_USDTshort | +0.0736% | 4h | 0.02838 | +0.247% | $492K | $526K | 10x |
MEXC PLAY_USDT
Gate PLAY_USDT
Aster PLAYUSDT
Binance PLAYUSDT
Extended PLAY-USD