Funding you earn now, next payment 00:00 UTC+0.0440%/8h= +48.2% APRnext payment +$2.20 per $10,000 · paid last 24h +0.137%
Price spread now: Gate against MEXC−0.095%7-day average +0.095% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.259%+$26 on $10k
+Price spread, last 4 days (all we have)−0.104%−$10 · spread now −0.095%, 7d avg +0.095%
=Funding pays, the price is against you. Gate is 0.190% cheaper against MEXC than usual: you would sell low and buy high (spread −0.095% now, against its 7-day average of +0.095%). If the spread goes back, that is −$19 on $10k: about 35 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.259% in total) that is about 5.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.259% in total (about 13.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PROMPT_USDT | 0.02113 | 0.0100 | pay 0.0050% / 4h | 53m 51s | $95K | $92K | 20x |
| Short | Gate PROMPT_USDT | 0.02111 | 0.0540 | get 0.0270% / 4h | 53m 51s | $517K | $58K | 20x |
MEXC PROMPT_USDT
Gate PROMPT_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
- $92.4
- Price spread: −0.095% → +0.095%
- −$19.01
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $54.39
- Costs to cover
- 0.190%
- Break-even
- 2.9 days
Slippage unknown: MEXC: no order-book sample; Gate: live order book, 22 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 no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 22 min ago | 7.12 bp | 135.1 bp −$135 | doesn't fit | doesn't fit | doesn't fit |
MEXC: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.02115 | +0.075% | $3K | $150 | 5x | as long as short |
| Binance PROMPTUSDT | +0.0100% | 4h | 0.02115 | +0.087% | $1.1M | $1.2M | 40x | as long as short |
| Bybit PROMPTUSDT | +0.0100% | 4h | 0.02115 | +0.095% | $318K | $137K | 5x | as long as short |
| MEXC PROMPT_USDTlong | +0.0100% | 4h | 0.02113 | long leg | $95K | $92K | 20x | |
| BingX PROMPT-USDT | +0.0100% | 4h | 0.02116 | +0.142% | — | $6.5M | — | as long as short |
| Variational Omni PROMPT | +0.0100% | 4h | 0.02109 | −0.203% | $4K | $2K | — | as long as short |
| Gate PROMPT_USDTshort | +0.0540% | 4h | 0.02111 | −0.095% | $517K | $58K | 20x | |
| KuCoin PROMPTUSDTM | +0.0828% | 4h | 0.02121 | +0.379% | $79K | $70K | 30x | as long as short |
| Kraken Futures PF_PROMPTUSD | +3.9463% | 1h | 0.02133 | +0.938% | $2K | $3K | 10x | as long as short |
Aster PROMPTUSDT
Binance PROMPTUSDT
Bybit PROMPTUSDT
BingX PROMPT-USDT
Variational Omni PROMPT
KuCoin PROMPTUSDTM
Kraken Futures PF_PROMPTUSD