Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate−0.109%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.109% cheaper against Gate than usual: you would sell low and buy high, −$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPELL_USDT | 0.00009190 | 0.0100 | pay 0.0100% / 8h | 6h 09m | $51K | $24K | 20x |
| Short | MEXC SPELL_USDT | 0.00009180 | 0.0100 | get 0.0100% / 8h | 6h 09m | $415K | $132K | 20x |
Gate SPELL_USDT
MEXC SPELL_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: −0.109% → 0.000%
- −$10.88
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$29.88
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; MEXC: live order book, 41 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 41 min ago | 5.45 bp | 23.8 bp −$24 | 95.7 bp −$957 | 357.1 bp −$35.7K | 560.8 bp −$280.4K |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SPELL on 7 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 SPELLUSDT | +0.0100% | 8h | 0.00009185 | −0.054% | $1.5M | $1.6M | 50x | as long as short |
| Gate SPELL_USDTlong | +0.0100% | 8h | 0.00009190 | long leg | $51K | $24K | 20x | |
| MEXC SPELL_USDTshort | +0.0100% | 8h | 0.00009180 | −0.109% | $415K | $132K | 20x | |
| KuCoin SPELLUSDTM | +0.0100% | 8h | 0.00009200 | +0.109% | $192K | $26K | 30x | as long as short |
| Bitget SPELLUSDT | +0.0100% | 8h | 0.00009190 | 0.000% | $611K | $40K | 25x | as long as short |
| Variational Omni SPELL | +0.0100% | 8h | 0.00009203 | +0.146% | $112 | $2K | — | as long as short |
| Kraken Futures PF_SPELLUSD | +0.1182% | 1h | 0.00009191 | +0.012% | $15K | $2K | 10x | as long as short |
Binance SPELLUSDT
KuCoin SPELLUSDTM
Bitget SPELLUSDT
Variational Omni SPELL
Kraken Futures PF_SPELLUSD