Settings8H · net · $10k
Funding arb · Price arb /

PROMPT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.100%
Price spread now: MEXC against Gate−0.228%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$272as in the Funding arb table
Net, price: spread back to 7d avg − costs−$256as in the Price arb table
costs, in and out, $10k−$2422.421% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.298%−$30 on $10k
Price spread, last 4 days (all we have)+0.178%+$18 · spread now −0.228%, 7d avg −0.087%
Together, before fees−0.120%−$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.141% cheaper against Gate than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.087%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PROMPT_USDT0.021940.0100pay 0.0050% / 4h2h 20m$548K$80K20x
ShortMEXC PROMPT_USDT0.021890.0100get 0.0050% / 4h2h 20m$101K$108K20x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.228% → −0.087%
−$14.07
Slippage, 4 orders
−$223.15
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$256.22
Costs to cover
2.421%
Break-even
never at this rate
Slippage from Gate: live order book, 25 min ago; MEXC: live order book, 64 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 25 min ago17.96 bp84.5 bp −$85doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 64 min ago2.24 bp20.9 bp −$21101.5 bp −$1,015197.8 bp −$19.8K481.1 bp −$240.5K

PROMPT on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PROMPTUSDT+0.0100%4h0.02187−0.313%$3K$1K5xas long as short
Binance PROMPTUSDT+0.0100%4h0.02186−0.361%$1.2M$2.0M40xas long as short
Bybit PROMPTUSDT+0.0100%4h0.02192−0.091%$331K$218K5xas long as short
Gate PROMPT_USDTlong+0.0100%4h0.02194long leg$548K$80K20x
MEXC PROMPT_USDTshort+0.0100%4h0.02189−0.228%$101K$108K20x
KuCoin PROMPTUSDTM+0.0100%4h0.02201+0.319%$90K$74K30xas long as short
BingX PROMPT-USDT+0.0100%4h0.02192−0.091%$6.5Mas long as short
Variational Omni PROMPT+0.0100%4h0.02193−0.063%$3K$6Kas long as short
Kraken Futures PF_PROMPTUSD+4.0362%1h0.02188−0.273%$2K$3K10xas long as short