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: Gate against MEXC+0.193%7-day average +0.133% · you sell dearer than you buy

Net, funding: paid 7d − costs−$891as in the Funding arb table

Net, price: spread back to 7d avg − costs−$829as in the Price arb table

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

Long on MEXC Short on Gate

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)−0.263%−$26 · spread now +0.193%, 7d avg +0.133%

Together, before fees−0.823%−$82 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.060% dearer against MEXC than usual: you sell high and buy low (spread +0.193% now, against its 7-day average of +0.133%): +$6 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC RED_USDT	0.1552	0.0486	pay 0.0243% / 4h	1h 17m	$495K	$170K	20x
Short	Gate RED_USDT	0.1555	0.0100	get 0.0050% / 4h	1h 17m	$357K	$95K	25x

Funding 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 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 MEXCbpFee GatebpOrdersPrice spread, now +0.193%Rate

Funding earned: −$81.06
Price spread: +0.193% → +0.133%: $5.99
Slippage, 4 orders: −$815.79
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$909.86
Costs to cover: 8.348%
Break-even: never at this rate

Slippage from MEXC: live order book, 37 min ago; Gate: live order book, 43 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 MEXC live order book, 37 min ago	3.20 bp	10.5 bp −$10	52.4 bp −$524	220.5 bp −$22.0K	494.9 bp −$247.5K
Sell Gate live order book, 43 min ago	6.39 bp	379.2 bp −$379	doesn't fit	doesn't fit	doesn't fit

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
BloFin RED-USDT	+0.0066%	4h	0.1554	+0.142%	$223K	$5K	25x	as long as short
Aster REDUSDT	+0.0100%	4h	0.1553	+0.077%	$28K	$40K	5x	as long as short
Binance REDUSDT	+0.0100%	4h	0.1554	+0.129%	$2.4M	$4.0M	50x	as long as short
Bybit REDUSDT	+0.0100%	4h	0.1555	+0.206%	$2.0M	$1.8M	25x	as long as short
Gate RED_USDTshort	+0.0100%	4h	0.1555	+0.193%	$357K	$95K	25x
Bitget REDUSDT	+0.0100%	4h	0.1554	+0.129%	$732K	$288K	20x	as long as short
Variational Omni RED	+0.0100%	4h	0.1555	+0.204%	$26K	$3K	—	as long as short
SunX RED-USDT	+0.0100%	4h	0.1592	+2.577%	$2K	$752K	20x	as long as short
Extended RED-USD	+0.0104%	1h	0.1554	+0.100%	$31	—	5x	as long as short
MEXC RED_USDTlong	+0.0486%	4h	0.1552	long leg	$495K	$170K	20x