Funding you earn now, next payment 04:00 UTC+0.0228%/8h= +25.0% APRnext payment +$1.14 per $10,000 · paid last 24h +0.077%
Price spread now: MEXC against Gate−0.078%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$220as in the Price arb table
costs, in and out, $10k−$2212.214% of the position
Funding, last 7 days+0.342%+$34 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now −0.078%, 7d avg −0.094%
=The price spread sits at its 7-day average of −0.094%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate T_USDT | 0.005147 | −0.1052 | get 0.0526% / 4h | 3h 41m | $212K | $99K | 20x |
| Short | MEXC T_USDT | 0.005143 | −0.0824 | pay 0.0412% / 4h | 3h 41m | $3.1M | $256K | 20x |
Gate T_USDT
MEXC T_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
- $47.88
- Price spread: −0.078% → −0.094%
- $1.58
- Slippage, 4 orders
- −$202.35
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$171.89
- Costs to cover
- 2.214%
- Break-even
- 32.1 days
Slippage from Gate: live order book, 25 min ago; MEXC: 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 Gate live order book, 25 min ago | 5.80 bp | 94.6 bp −$95 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 0.97 bp | 9.0 bp −$9 | 25.5 bp −$255 | 104.6 bp −$10.5K | doesn't fit |
T 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TUSD | −0.3824% | 1h | 0.005142 | −0.100% | $2K | $2K | 10x | as long as short |
| Gate T_USDTlong | −0.1052% | 4h | 0.005147 | long leg | $212K | $99K | 20x | |
| KuCoin TUSDTM | −0.0842% | 4h | 0.005139 | −0.155% | $1.3M | $83K | 12x | as long as short |
| Variational Omni T | −0.0827% | 4h | 0.005135 | −0.229% | $8K | $9K | — | as long as short |
| MEXC T_USDTshort | −0.0824% | 4h | 0.005143 | −0.078% | $3.1M | $256K | 20x | |
| Binance TUSDT | −0.0811% | 4h | 0.005139 | −0.156% | $3.3M | $8.6M | 50x | as long as short |
| Bybit TUSDT | −0.0641% | 4h | 0.005141 | −0.117% | $1.6M | $1.7M | 25x | as long as short |
| Bitget TUSDT | −0.0568% | 4h | 0.005132 | −0.291% | $877K | $642K | 50x | as long as short |
Kraken Futures PF_TUSD
KuCoin TUSDTM
Variational Omni T
Binance TUSDT
Bybit TUSDT
Bitget TUSDT