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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PROMPT_USDT | 0.02194 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $548K | $80K | 20x |
| Short | MEXC PROMPT_USDT | 0.02189 | 0.0100 | get 0.0050% / 4h | 2h 20m | $101K | $108K | 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
- $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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 25 min ago | 17.96 bp | 84.5 bp −$85 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 64 min ago | 2.24 bp | 20.9 bp −$21 | 101.5 bp −$1,015 | 197.8 bp −$19.8K | 481.1 bp −$240.5K |
PROMPT on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PROMPTUSDT | +0.0100% | 4h | 0.02187 | −0.313% | $3K | $1K | 5x | as long as short |
| Binance PROMPTUSDT | +0.0100% | 4h | 0.02186 | −0.361% | $1.2M | $2.0M | 40x | as long as short |
| Bybit PROMPTUSDT | +0.0100% | 4h | 0.02192 | −0.091% | $331K | $218K | 5x | as long as short |
| Gate PROMPT_USDTlong | +0.0100% | 4h | 0.02194 | long leg | $548K | $80K | 20x | |
| MEXC PROMPT_USDTshort | +0.0100% | 4h | 0.02189 | −0.228% | $101K | $108K | 20x | |
| KuCoin PROMPTUSDTM | +0.0100% | 4h | 0.02201 | +0.319% | $90K | $74K | 30x | as long as short |
| BingX PROMPT-USDT | +0.0100% | 4h | 0.02192 | −0.091% | — | $6.5M | — | as long as short |
| Variational Omni PROMPT | +0.0100% | 4h | 0.02193 | −0.063% | $3K | $6K | — | as long as short |
| Kraken Futures PF_PROMPTUSD | +4.0362% | 1h | 0.02188 | −0.273% | $2K | $3K | 10x | as long as short |
Gate PROMPT_USDT
MEXC PROMPT_USDT
Aster PROMPTUSDT
Binance PROMPTUSDT
Bybit PROMPTUSDT
KuCoin PROMPTUSDTM
BingX PROMPT-USDT
Variational Omni PROMPT
Kraken Futures PF_PROMPTUSD