Funding you earn now, next payment 08:00 UTC+0.0037%/8h= +4.1% APRpaid last 24h +0.017%
Price spread now: MEXC against Gate+0.081%7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$276as in the Funding arb table
Net, price: spread back to 7d avg − costs−$280as in the Price arb table
costs, in and out, $10k−$2772.774% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.065%+$7 · spread now +0.081%, 7d avg +0.104%
=Funding pays, the price is against you. MEXC is 0.023% cheaper against Gate than usual: you would sell low and buy high (spread +0.081% now, against its 7-day average of +0.104%). If the spread goes back, that is −$2 on $10k: about 2.1 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.012% in total) that is about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SATS_USDT | 0.00000001234 | 0.0100 | pay 0.0050% / 4h | 1h 37m | $362K | $264K | 25x |
| Short | MEXC SATS_USDT | 0.00000001235 | 0.0137 | get 0.0137% / 8h | 1h 37m | $376K | $187K | 100x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $7.77
- Price spread: +0.081% → +0.104%
- −$2.29
- Slippage, 4 orders
- −$254.42
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$271.94
- Costs to cover
- 2.774%
- Break-even
- 252.0 days
Slippage from Gate: live order book, 3 min ago; MEXC: live order book, 53 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, 3 min ago | 4.06 bp | 111.4 bp −$111 | 27672.7 bp −$276.7K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 53 min ago | 8.20 bp | 27.8 bp −$28 | 148.5 bp −$1,485 | 261.0 bp −$26.1K | 557.0 bp −$278.5K |
SATS on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance 1000SATSUSDT | +0.0100% | 4h | 0.00000001236 | +0.162% | $2.2M | $5.7M | 25x | as long as short |
| Bybit 10000SATSUSDT | +0.0100% | 4h | 0.00000001236 | +0.162% | $285K | $891K | 13x | as long as short |
| Gate SATS_USDTlong | +0.0100% | 4h | 0.00000001234 | long leg | $362K | $264K | 25x | |
| KuCoin 10000SATSUSDTM | +0.0100% | 4h | 0.00000001235 | +0.081% | $197K | $89K | 10x | as long as short |
| Bitget 1000SATSUSDT | +0.0100% | 4h | 0.00000001238 | +0.324% | $720K | $253K | 25x | as long as short |
| MEXC SATS_USDTshort | +0.0137% | 8h | 0.00000001235 | +0.081% | $376K | $187K | 100x | |
| OKX SATS-USDT-SWAP | +0.0141% | 8h | 0.00000001236 | +0.162% | $812K | $3.1M | 10x | as long as short |
| BingX 10000SATS-USDT | +0.0144% | 4h | 0.00000001236 | +0.162% | — | $5.6M | — | as long as short |
Gate SATS_USDT
MEXC SATS_USDT
Binance 1000SATSUSDT
Bybit 10000SATSUSDT
KuCoin 10000SATSUSDTM
Bitget 1000SATSUSDT
OKX SATS-USDT-SWAP
BingX 10000SATS-USDT