Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.225%
Price spread now: Gate against MEXC+0.038%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$389as in the Funding arb table
Net, price: spread back to 7d avg − costs−$296as 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)−0.127%−$13 · spread now +0.038%, 7d avg −0.060%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.098% dearer against MEXC than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SONIC_USDT | 0.02666 | 0.0100 | pay 0.0050% / 4h | 23m 41s | $900K | $168K | 50x |
| Short | Gate SONIC_USDT | 0.02667 | 0.0100 | get 0.0050% / 4h | 23m 41s | $125K | $128K | 25x |
MEXC SONIC_USDT
Gate SONIC_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
- $0
- Price spread: +0.038% → −0.060%
- $9.8
- Slippage, 4 orders
- −$286.52
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$295.72
- Costs to cover
- 3.055%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 7 min ago; Gate: live order book, 6 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, 7 min ago | 5.59 bp | 31.6 bp −$32 | 145.0 bp −$1,450 | 326.5 bp −$32.6K | 593.2 bp −$296.6K |
| Sell Gate live order book, 6 min ago | 5.59 bp | 97.8 bp −$98 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SONICUSDT | +0.0100% | 4h | 0.02665 | −0.031% | $1.3M | $4.0M | 10x | as long as short |
| Bybit SONICUSDT | +0.0100% | 4h | 0.02670 | +0.150% | $1.1M | $1.9M | 25x | as long as short |
| Gate SONIC_USDTshort | +0.0100% | 4h | 0.02667 | +0.038% | $125K | $128K | 25x | |
| MEXC SONIC_USDTlong | +0.0100% | 4h | 0.02666 | long leg | $900K | $168K | 50x | |
| KuCoin SONICUSDTM | +0.0100% | 4h | 0.02675 | +0.338% | $496K | $25K | 10x | as long as short |
| Bitget SONICUSDT | +0.0100% | 4h | 0.02666 | 0.000% | $423K | $590K | 10x | as long as short |
| Variational Omni SONIC | +0.0100% | 4h | 0.02672 | +0.225% | $3K | $4K | — | as long as short |
| BloFin SONIC-USDT | +0.0129% | 4h | 0.02666 | 0.000% | $122K | $23K | 10x | as long as short |
Binance SONICUSDT
Bybit SONICUSDT
KuCoin SONICUSDTM
Bitget SONICUSDT
Variational Omni SONIC
BloFin SONIC-USDT