Funding you earn now, next payment 04:00 UTC+0.0930%/8h= +101.8% APRnext payment +$4.65 per $10,000 · paid last 24h +0.142%
Price spread now: Gate against MEXC+0.011%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1241.238% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)+0.101%+$10 · spread now +0.011%, 7d avg +0.099%
=Funding pays, the price is against you. Gate is 0.088% cheaper against MEXC than usual: you would sell low and buy high (spread +0.011% now, against its 7-day average of +0.099%). If the spread goes back, that is −$9 on $10k: about 8 hours of funding at the current rate (+$28 a day). At the pace of the last 7 days (+0.063% in total) that is about 9.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.063% in total (about 3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.65 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 RIF_USDT | 0.08821 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $9.1M | $67K | 20x |
| Short | Gate RIF_USDT | 0.08822 | 0.1030 | get 0.0515% / 4h | 3h 39m | $151K | $396K | 20x |
MEXC RIF_USDT
Gate RIF_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
- $195.3
- Price spread: +0.011% → +0.099%
- −$8.8
- Slippage, 4 orders
- −$104.82
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $62.68
- Costs to cover
- 1.238%
- Break-even
- 4.8 days
Slippage from MEXC: live order book, 4 min ago; Gate: live order book, 31 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, 4 min ago | 1.13 bp | 11.6 bp −$12 | 33.8 bp −$338 | 90.6 bp −$9,060 | 316.9 bp −$158.4K |
| Sell Gate live order book, 31 min ago | 6.24 bp | 41.9 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
RIF on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX RIF-USDT | +0.0070% | 4h | 0.08821 | 0.000% | — | $2.3M | — | as long as short |
| Aster RIFUSDT | +0.0100% | 4h | 0.08826 | +0.054% | $74K | $9K | 5x | as long as short |
| Binance RIFUSDT | +0.0100% | 4h | 0.08822 | +0.007% | $2.1M | $2.9M | 50x | as long as short |
| MEXC RIF_USDTlong | +0.0100% | 4h | 0.08821 | long leg | $9.1M | $67K | 20x | |
| KuCoin RIFUSDTM | +0.0100% | 4h | 0.08814 | −0.085% | $62K | $36K | 20x | as long as short |
| Gate RIF_USDTshort | +0.1030% | 4h | 0.08822 | +0.011% | $151K | $396K | 20x |
BingX RIF-USDT
Aster RIFUSDT
Binance RIFUSDT
KuCoin RIFUSDTM