Funding you earn now, next payment 08:00 UTC+0.0118%/8h= +12.9% APRnext payment +$1.18 per $10,000 · paid last 24h +0.011%
Price spread now: MEXC against Gate+0.175%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$760.756% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 7 days−0.132%−$13 · spread now +0.175%, 7d avg +0.100%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and MEXC is 0.075% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.100%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPX500_USDT | 7,753.2 | −0.0200 | get 0.0200% / 8h | 1h 36m | $1.7M | $94K | 100x |
| Short | MEXC SPX500_USDT | 7,766.8 | −0.0082 | pay 0.0082% / 8h | 1h 36m | $69.8M | $46.0M | 200x |
Funding 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
- $24.78
- Price spread: +0.175% → +0.100%
- $7.52
- Slippage, 4 orders
- −$60.57
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$43.27
- Costs to cover
- 0.756%
- Break-even
- 19.2 days
Slippage from Gate: live order book, 1 min ago; MEXC: live order book, 3 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, 1 min ago | 8.92 bp | 22.1 bp −$22 | 62.4 bp −$624 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.06 bp | 0.1 bp $0 | 0.1 bp −$1 | 1.6 bp −$157 | 76.4 bp −$38.2K |
SPX500 on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SPX500_USDC | −0.0303% | 8h | 7,763.1 | +0.128% | $361K | $127K | 20x | as long as short |
| Gate SPX500_USDTlong | −0.0200% | 8h | 7,753.2 | long leg | $1.7M | $94K | 100x | |
| MEXC SPX500_USDTshort | −0.0082% | 8h | 7,766.8 | +0.175% | $69.8M | $46.0M | 200x | |
| SunX SPX500-USDT | +0.0050% | 1h | 7,710.5 | −0.551% | $2K | $2.4M | 20x | as long as short |
| HTX SPX500-USDT | +0.0050% | 1h | 7,756.8 | +0.046% | $501K | $232K | 30x | as long as short |
Gate SPX500_USDT
MEXC SPX500_USDT
SunX SPX500-USDT
HTX SPX500-USDT