RED

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0386%/8h= +42.3% APRnext payment +$1.93 per $10,000 · paid last 24h +0.088%

Price spread now: MEXC against Gate−0.064%7-day average −0.133% · you buy dearer than you sell

Net, funding: paid 7d − costs−$779as in the Funding arb table

Net, price: spread back to 7d avg − costs−$828as in the Price arb table

costs, in and out, $10k−$8358.348% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.560%+$56 on $10k

Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.064%, 7d avg −0.133%

Together, before fees+0.694%+$69 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and MEXC is 0.069% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.133%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate RED_USDT	0.1563	0.0100	pay 0.0050% / 4h	1h 43m	$359K	$95K	25x
Short	MEXC RED_USDT	0.1562	0.0486	get 0.0243% / 4h	1h 43m	$498K	$169K	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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee MEXCbpOrdersPrice spread, now −0.064%Rate

Funding earned: $81.06
Price spread: −0.064% → −0.133%: $6.94
Slippage, 4 orders: −$815.79
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$746.8
Costs to cover: 8.348%
Break-even: 71.5 days

Slippage from Gate: live order book, 17 min ago; MEXC: live order book, 12 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, 17 min ago	6.39 bp	434.9 bp −$435	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 12 min ago	3.20 bp	10.3 bp −$10	48.0 bp −$480	209.8 bp −$21.0K	455.2 bp −$227.6K

RED on 10 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 REDUSDT	+0.0100%	4h	0.1562	−0.064%	$28K	$39K	5x	as long as short
Binance REDUSDT	+0.0100%	4h	0.1562	−0.060%	$2.4M	$3.9M	50x	as long as short
Bybit REDUSDT	+0.0100%	4h	0.1563	−0.013%	$2.1M	$1.8M	25x	as long as short
Gate RED_USDTlong	+0.0100%	4h	0.1563	long leg	$359K	$95K	25x
Bitget REDUSDT	+0.0100%	4h	0.1564	+0.064%	$737K	$284K	20x	as long as short
Variational Omni RED	+0.0100%	4h	0.1564	+0.037%	$26K	$3K	—	as long as short
SunX RED-USDT	+0.0100%	4h	0.1600	+2.367%	$2K	$740K	20x	as long as short
Extended RED-USD	+0.0104%	1h	0.1562	−0.071%	$31	—	5x	as long as short
BloFin RED-USDT	+0.0143%	4h	0.1564	+0.051%	$225K	$5K	25x	as long as short
MEXC RED_USDTshort	+0.0486%	4h	0.1562	−0.064%	$498K	$169K	20x