Funding you earn now, next payment 04:00 UTC−0.0490%/8h= −53.7% APRnext payment −$2.45 per $10,000 · paid last 24h −0.093%
Price spread now: Gate against MEXC−0.252%7-day average −0.230% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.300%−$30 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.252%, 7d avg −0.230%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Gate is 0.022% cheaper against MEXC than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.230%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.300% in total (about -15.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.45 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 Q_USDT | 0.02578 | 0.0590 | pay 0.0295% / 4h | 29m 24s | $123K | $88K | 50x |
| Short | Gate Q_USDT | 0.02571 | 0.0100 | get 0.0050% / 4h | 29m 24s | $1.2M | $289K | 10x |
MEXC Q_USDT
Gate Q_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
- −$102.9
- Price spread: −0.252% → −0.230%
- −$2.23
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$128.13
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, just now; Gate: live order book, 3 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, just now | 0.19 bp | 28.5 bp −$29 | 59.4 bp −$594 | 204.0 bp −$20.4K | 521.1 bp −$260.5K |
| Sell Gate live order book, 3 min ago | 11.85 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Q on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate Q_USDTshort | +0.0100% | 4h | 0.02571 | −0.252% | $1.2M | $289K | 10x | |
| KuCoin QUSDTM | +0.0100% | 4h | 0.02570 | −0.322% | $682K | $19K | 20x | as long as short |
| Bitget QUSDT | +0.0100% | 4h | 0.02569 | −0.334% | $2.3M | $134K | 20x | as long as short |
| BloFin Q-USDT | +0.0572% | 4h | 0.02578 | −0.008% | $385K | $72K | 40x | as long as short |
| MEXC Q_USDTlong | +0.0590% | 4h | 0.02578 | long leg | $123K | $88K | 50x | |
| Binance QUSDT | +0.0590% | 4h | 0.02578 | +0.014% | $7.1M | $1.3M | 20x | as long as short |
| Extended Q-USD | +0.0592% | 1h | 0.02577 | −0.035% | $8K | $160K | 5x | as long as short |
| Aster QUSDT | +0.0736% | 4h | 0.02569 | −0.326% | $59K | $47K | 5x | as long as short |
| BingX Q-USDT | +0.0832% | 4h | 0.02580 | +0.081% | — | $1.3M | — | as long as short |
| Variational Omni Q | +0.0908% | 4h | 0.02575 | −0.130% | $620 | $2K | — | as long as short |
KuCoin QUSDTM
Bitget QUSDT
BloFin Q-USDT
Binance QUSDT
Extended Q-USD
Aster QUSDT
BingX Q-USDT
Variational Omni QShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit QUSDT | +0.0956% | 4h | 0.02575 | −0.112% | $1.6M | $384K | 13x | as long as short |
Bybit QUSDT