Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.225%
Price spread now: MEXC against Gate0.000%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$222as in the Funding arb table
Net, price: spread back to 7d avg − costs−$312as in the Price arb table
costs, in and out, $10k−$3063.055% of the position
Funding, last 7 days+0.832%+$83 on $10k
+Price spread, last 4 days (all we have)+0.314%+$31 · spread now 0.000%, 7d avg +0.061%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.061% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SONIC_USDT | 0.02652 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $125K | $123K | 25x |
| Short | MEXC SONIC_USDT | 0.02652 | 0.0100 | get 0.0050% / 4h | 3h 39m | $895K | $168K | 50x |
Gate SONIC_USDT
MEXC SONIC_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
- $0
- Price spread: 0.000% → +0.061%
- −$6.1
- Slippage, 4 orders
- −$286.52
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$311.62
- Costs to cover
- 3.055%
- Break-even
- never at this rate
Slippage from Gate: live order book, 50 min ago; MEXC: live order book, 51 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, 50 min ago | 5.59 bp | 155.5 bp −$155 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 51 min ago | 5.59 bp | 20.7 bp −$21 | 119.1 bp −$1,191 | 333.7 bp −$33.4K | 597.2 bp −$298.6K |
SONIC 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SONIC-USDT | +0.0090% | 4h | 0.02653 | +0.038% | $121K | $22K | 10x | as long as short |
| Binance SONICUSDT | +0.0100% | 4h | 0.02653 | +0.021% | $1.3M | $4.0M | 10x | as long as short |
| Bybit SONICUSDT | +0.0100% | 4h | 0.02653 | +0.038% | $1.1M | $1.9M | 25x | as long as short |
| Gate SONIC_USDTlong | +0.0100% | 4h | 0.02652 | long leg | $125K | $123K | 25x | |
| MEXC SONIC_USDTshort | +0.0100% | 4h | 0.02652 | 0.000% | $895K | $168K | 50x | |
| KuCoin SONICUSDTM | +0.0100% | 4h | 0.02655 | +0.113% | $493K | $26K | 10x | as long as short |
| Bitget SONICUSDT | +0.0100% | 4h | 0.02652 | 0.000% | $421K | $597K | 10x | as long as short |
| Variational Omni SONIC | +0.0100% | 4h | 0.02652 | −0.016% | $3K | $4K | — | as long as short |
BloFin SONIC-USDT
Binance SONICUSDT
Bybit SONICUSDT
KuCoin SONICUSDTM
Bitget SONICUSDT
Variational Omni SONIC