Funding you earn now, next payment 04:00 UTC−0.0324%/8h= −35.5% APRnext payment −$1.62 per $10,000 · paid last 24h −0.038%
Price spread now: Gate against MEXC+0.169%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Gate is 0.169% dearer against MEXC than usual: you sell high and buy low (spread +0.169% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 42 hours. At the pace of the last 7 days (−0.089% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.089% in total (about -4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.62 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC THE_USDT | 0.08266 | 0.0424 | pay 0.0212% / 4h | 28m 33s | $194K | $143K | 50x |
| Short | Gate THE_USDT | 0.08280 | 0.0100 | get 0.0050% / 4h | 28m 33s | $66K | $77K | 10x |
MEXC THE_USDT
Gate THE_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
- −$68.04
- Price spread: +0.169% → 0.000%
- $16.94
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$70.1
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 2 min ago; Gate: no order-book sample. 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 MEXC live order book, 2 min ago | 2.42 bp | 15.6 bp −$16 | 66.6 bp −$666 | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
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.
THE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate THE_USDTshort | +0.0100% | 4h | 0.08280 | +0.169% | $66K | $77K | 10x | |
| KuCoin THEUSDTM | +0.0100% | 4h | 0.08268 | +0.024% | $116K | $108K | 10x | as long as short |
| Bitget THEUSDT | +0.0100% | 4h | 0.08268 | +0.024% | $445K | $373K | 10x | as long as short |
| Aster THEUSDT | +0.0410% | 4h | 0.08268 | +0.023% | $5K | $12K | 5x | as long as short |
| Binance THEUSDT | +0.0416% | 4h | 0.08266 | +0.004% | $2.2M | $4.8M | 10x | as long as short |
| MEXC THE_USDTlong | +0.0424% | 4h | 0.08266 | long leg | $194K | $143K | 50x | |
| BloFin THE-USDT | +0.0461% | 4h | 0.08279 | +0.157% | $143K | $5K | 50x | as long as short |
| BingX THE-USDT | +0.0760% | 4h | 0.08271 | +0.060% | — | $6.5M | — | as long as short |
| Bybit THEUSDT | +0.0795% | 4h | 0.08270 | +0.048% | $553K | $449K | 20x | as long as short |
KuCoin THEUSDTM
Bitget THEUSDT
Aster THEUSDT
Binance THEUSDT
BloFin THE-USDT
BingX THE-USDT
Bybit THEUSDT