Funding you earn now, next payment 08:00 UTC+0.0644%/8h= +70.5% APRnext payment +$3.22 per $10,000 · paid last 24h +0.074%
Price spread now: Gate against MEXC−0.204%7-day average −0.166% · you buy dearer than you sell
Net, funding: paid 7d − costs−$510as in the Funding arb table
Net, price: spread back to 7d avg − costs−$528as in the Price arb table
costs, in and out, $10k−$5245.242% of the position
Funding, last 7 days+0.143%+$14 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now −0.204%, 7d avg −0.166%
=Funding pays, the price is against you. Gate is 0.039% cheaper against MEXC than usual: you would sell low and buy high (spread −0.204% now, against its 7-day average of −0.166%). If the spread goes back, that is −$4 on $10k: about 5 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.143% in total) that is about 45 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.143% in total (about 7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.22 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 SIREN_USDT | 0.02445 | 0.1960 | pay 0.0980% / 4h | 40m 52s | $698K | $127K | 100x |
| Short | Gate SIREN_USDT | 0.02440 | 0.2604 | get 0.1302% / 4h | 40m 52s | $577K | $201K | 10x |
MEXC SIREN_USDT
Gate SIREN_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
- $135.24
- Price spread: −0.204% → −0.166%
- −$3.86
- Slippage, 4 orders
- −$509.16
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$392.78
- Costs to cover
- 5.242%
- Break-even
- 27.3 days
Slippage from MEXC: live order book, 54 min ago; Gate: live order book, 60 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, 54 min ago | 4.11 bp | 23.3 bp −$23 | 118.2 bp −$1,182 | 851.1 bp −$85.1K | doesn't fit |
| Sell Gate live order book, 60 min ago | 8.23 bp | 336.2 bp −$336 | doesn't fit | doesn't fit | doesn't fit |
SIREN on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SIRENUSDT | −0.0232% | 4h | 0.02479 | +1.391% | $1.9M | $2.9M | 5x | as long as short |
| SunX SIREN-USDT | +0.0100% | 4h | 0.02446 | +0.041% | $1K | $1.2M | 20x | as long as short |
| Bitget SIRENUSDT | +0.0878% | 4h | 0.02462 | +0.695% | $2.8M | $1.6M | 10x | as long as short |
| KuCoin SIRENUSDTM | +0.1600% | 4h | 0.02453 | +0.327% | $1.0M | $440K | 10x | as long as short |
| Aster SIRENUSDT | +0.1789% | 4h | 0.02445 | −0.007% | $217K | $71K | 5x | as long as short |
| MEXC SIREN_USDTlong | +0.1960% | 4h | 0.02445 | long leg | $698K | $127K | 100x | |
| Binance SIRENUSDT | +0.1961% | 4h | 0.02446 | +0.027% | $8.5M | $3.5M | 10x | as long as short |
| BingX SIREN-USDT | +0.1972% | 4h | 0.02449 | +0.164% | — | $2.3M | — | as long as short |
| Gate SIREN_USDTshort | +0.2604% | 4h | 0.02440 | −0.204% | $577K | $201K | 10x |
Bybit SIRENUSDT
SunX SIREN-USDT
Bitget SIRENUSDT
KuCoin SIRENUSDTM
Aster SIRENUSDT
Binance SIRENUSDT
BingX SIREN-USDT