Funding you earn now, next payment 08:00 UTC+0.0090%/8h= +9.9% APRnext payment +$0.90 per $10,000 · paid last 24h −0.011%
Price spread now: Gate against MEXC−0.324%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$590.593% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 7 days+0.367%+$37 · spread now −0.324%, 7d avg −0.092%
=Funding pays, the price is against you. Gate is 0.232% cheaper against MEXC than usual: you would sell low and buy high (spread −0.324% now, against its 7-day average of −0.092%). If the spread goes back, that is −$23 on $10k: about 8.6 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SPX500_USDT | 7,768.4 | −0.0090 | get 0.0090% / 8h | 5h 14m | $71.5M | $48.5M | 200x |
| Short | Gate SPX500_USDT | 7,743.2 | 0 | get 0.0000% / 8h | 5h 14m | $1.7M | $139K | 100x |
MEXC SPX500_USDT
Gate SPX500_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
- $18.9
- Price spread: −0.324% → −0.092%
- −$23.22
- Slippage, 4 orders
- −$44.3
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$63.62
- Costs to cover
- 0.593%
- Break-even
- 30.6 days
Slippage from MEXC: live order book, 5 min ago; Gate: 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 MEXC live order book, 5 min ago | 0.06 bp | 0.1 bp $0 | 0.2 bp −$2 | 3.2 bp −$319 | 77.8 bp −$38.9K |
| Sell Gate live order book, 3 min ago | 8.73 bp | 19.2 bp −$19 | 64.9 bp −$649 | doesn't fit | doesn't fit |
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 | −0.0220% | 8h | 7,764 | −0.057% | $361K | $129K | 20x | as long as short |
| MEXC SPX500_USDTlong | −0.0090% | 8h | 7,768.4 | long leg | $71.5M | $48.5M | 200x | |
| Gate SPX500_USDTshort | 0.0000% | 8h | 7,743.2 | −0.324% | $1.7M | $139K | 100x | |
| SunX SPX500-USDT | +0.0050% | 1h | 7,710.5 | −0.745% | $2K | $2.5M | 20x | as long as short |
| HTX SPX500-USDT | +0.0050% | 1h | 7,758.6 | −0.126% | $502K | $226K | 30x | as long as short |
Orderly PERP_SPX500_USDC
SunX SPX500-USDT
HTX SPX500-USDT