Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate−0.295%7-day average −0.146% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)+0.284%+$28 · spread now −0.295%, 7d avg −0.146%
=Funding pays, the price is against you. MEXC is 0.149% cheaper against Gate than usual: you would sell low and buy high (spread −0.295% now, against its 7-day average of −0.146%). If the spread goes back, that is −$15 on $10k: about 19 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.019% in total) that is about 56 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SHELL_USDT | 0.02708 | 0.0100 | pay 0.0050% / 4h | 1h 49m | $411K | $207K | 10x |
| Short | MEXC SHELL_USDT | 0.02700 | 0.0126 | get 0.0063% / 4h | 1h 49m | $280K | $143K | 50x |
Gate SHELL_USDT
MEXC SHELL_USDTFunding 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
- $5.46
- Price spread: −0.295% → −0.146%
- −$14.93
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$28.47
- Costs to cover
- 0.190%
- Break-even
- 43.5 days
Slippage unknown: Gate: live order book, 56 min ago; MEXC: live order book, 41 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 Gate live order book, 56 min ago | 7.29 bp | 1494.6 bp −$1,495 | 62824.7 bp −$628.2K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 41 min ago | 3.72 bp | 15.4 bp −$15 | 84.7 bp −$847 | 160.4 bp −$16.0K | 427.7 bp −$213.9K |
SHELL 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 SHELLUSDT | +0.0100% | 4h | 0.02699 | −0.332% | $1K | $10K | 5x | as long as short |
| OKX SHELL-USDT-SWAP | +0.0100% | 4h | 0.02711 | +0.111% | $171K | $462K | 10x | as long as short |
| Gate SHELL_USDTlong | +0.0100% | 4h | 0.02708 | long leg | $411K | $207K | 10x | |
| KuCoin SHELLUSDTM | +0.0100% | 4h | 0.02704 | −0.148% | $342K | $35K | 10x | as long as short |
| Variational Omni SHELL | +0.0100% | 4h | 0.02693 | −0.552% | $1K | $1K | — | as long as short |
| MEXC SHELL_USDTshort | +0.0126% | 4h | 0.02700 | −0.295% | $280K | $143K | 50x | |
| Binance SHELLUSDT | +0.0127% | 4h | 0.02702 | −0.207% | $2.1M | $2.9M | 10x | as long as short |
| Bybit SHELLUSDT | +0.0562% | 4h | 0.02701 | −0.258% | $509K | $216K | 13x | as long as short |
| BingX SHELL-USDT | +0.1130% | 4h | 0.02705 | −0.111% | — | $6.5M | — | as long as short |
| Bitget SHELLUSDT | +0.1220% | 4h | 0.02706 | −0.074% | $568K | $247K | 10x | as long as short |
Aster SHELLUSDT
OKX SHELL-USDT-SWAP
KuCoin SHELLUSDTM
Variational Omni SHELL
Binance SHELLUSDT
Bybit SHELLUSDT
BingX SHELL-USDT
Bitget SHELLUSDT