Funding you earn now, next payment 08:00 UTC−0.0300%/8h= −32.8% APRnext payment −$1.50 per $10,000 · paid last 24h −0.090%
Price spread now: Gate against MEXC−0.814%7-day average −0.510% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7,900as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7,912as in the Price arb table
costs, in and out, $10k−$7,88278.820% of the position
Funding, last 7 days−0.178%−$18 on $10k
+Price spread, last 4 days (all we have)+0.492%+$49 · spread now −0.814%, 7d avg −0.510%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.303% cheaper against MEXC than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of −0.510%). Swap the legs.
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 −$1.50 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 SHROOM_USDT | 0.01352 | 0.0400 | pay 0.0200% / 4h | 42m 11s | $144K | $331K | 20x |
| Short | Gate SHROOM_USDT | 0.01341 | 0.0100 | get 0.0050% / 4h | 42m 11s | $92K | $274K | 10x |
MEXC SHROOM_USDT
Gate SHROOM_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
- −$63
- Price spread: −0.814% → −0.510%
- −$30.31
- Slippage, 4 orders
- −$7,863.04
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$7,975.35
- Costs to cover
- 78.820%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 43 min ago; Gate: live order book, 55 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, 43 min ago | 25.88 bp | 239.9 bp −$240 | 1168.1 bp −$11.7K | doesn't fit | doesn't fit |
| Sell Gate live order book, 55 min ago | 45.77 bp | 2226.8 bp −$2,227 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SHROOMUSDT | +0.0100% | 1h | 0.01349 | −0.205% | $23K | $12K | 5x | as long as short |
| Gate SHROOM_USDTshort | +0.0100% | 4h | 0.01341 | −0.814% | $92K | $274K | 10x | |
| MEXC SHROOM_USDTlong | +0.0400% | 4h | 0.01352 | long leg | $144K | $331K | 20x | |
| BingX SHROOM-USDT | +0.0400% | 4h | 0.01350 | −0.148% | — | $921K | — | as long as short |
Aster SHROOMUSDT
BingX SHROOM-USDT