Funding you earn now, next payment 08:00 UTC−0.0384%/8h= −42.0% APRnext payment −$1.92 per $10,000 · paid last 24h +0.090%
Price spread now: MEXC against Gate−0.532%7-day average +0.525% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8,776as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8,899as in the Price arb table
costs, in and out, $10k−$8,79387.935% of the position
Funding, last 7 days+0.178%+$18 on $10k
+Price spread, last 4 days (all we have)+1.130%+$113 · spread now −0.532%, 7d avg +0.525%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and MEXC is 1.057% cheaper against Gate than usual: you would sell low and buy high (−$106 if the spread goes back to its 7-day average of +0.525%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.178%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.178% in total (about 9.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.92 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 | Gate SHROOM_USDT | 0.01316 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $90K | $273K | 10x |
| Short | MEXC SHROOM_USDT | 0.01309 | −0.0284 | pay 0.0142% / 4h | 1h 58m | $131K | $346K | 20x |
Gate SHROOM_USDT
MEXC SHROOM_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
- −$80.64
- Price spread: −0.532% → +0.525%
- −$105.65
- Slippage, 4 orders
- −$8,774.49
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$8,979.79
- Costs to cover
- 87.935%
- Break-even
- never at this rate
Slippage from Gate: live order book, 43 min ago; MEXC: live order book, 32 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, 43 min ago | 37.68 bp | 5712.4 bp −$5,712 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 32 min ago | 7.53 bp | 303.5 bp −$304 | 1161.5 bp −$11.6K | doesn't fit | doesn't fit |
SHROOM on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC SHROOM_USDTshort | −0.0284% | 4h | 0.01309 | −0.532% | $131K | $346K | 20x | |
| BingX SHROOM-USDT | −0.0184% | 4h | 0.01311 | −0.380% | — | $897K | — | as long as short |
| Aster SHROOMUSDT | +0.0100% | 1h | 0.01323 | +0.502% | $23K | $12K | 5x | as long as short |
| Gate SHROOM_USDTlong | +0.0100% | 4h | 0.01316 | long leg | $90K | $273K | 10x |
BingX SHROOM-USDT
Aster SHROOMUSDT