Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Gate+0.111%7-day average −0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$379as in the Funding arb table
Net, price: spread back to 7d avg − costs−$359as in the Price arb table
costs, in and out, $10k−$3793.788% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.111%, 7d avg −0.088%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.199% dearer against Gate than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate USUAL_USDT | 0.01353 | 0.0100 | pay 0.0100% / 8h | 2h 49m | $904K | $250K | 50x |
| Short | MEXC USUAL_USDT | 0.01354 | 0.0100 | get 0.0050% / 4h | 2h 49m | $5.9M | $266K | 100x |
Gate USUAL_USDT
MEXC USUAL_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: +0.111% → −0.088%
- $19.92
- Slippage, 4 orders
- −$359.76
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$358.84
- Costs to cover
- 3.788%
- Break-even
- never at this rate
Slippage from Gate: live order book, 37 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, 37 min ago | 11.01 bp | 166.8 bp −$167 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 6.67 bp | 14.3 bp −$14 | 167.3 bp −$1,673 | 809.6 bp −$81.0K | doesn't fit |
USUAL on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.4964% | 1h | 0.01339 | −1.035% | $6K | $2K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0745% | 1h | 0.01354 | +0.048% | $110K | $25K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01356 | +0.222% | $386K | $240K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01354 | +0.043% | $2.1M | $3.5M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01355 | +0.185% | $997K | $969K | 25x | as long as short |
| Gate USUAL_USDTlong | +0.0100% | 8h | 0.01353 | long leg | $904K | $250K | 50x | |
| MEXC USUAL_USDTshort | +0.0100% | 4h | 0.01354 | +0.111% | $5.9M | $266K | 100x | |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01356 | +0.222% | $280K | $66K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01356 | +0.222% | $820K | $510K | 50x | as long as short |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01354 | +0.089% | — | $1.2M | — | as long as short |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
KuCoin USUALUSDTM
Bitget USUALUSDT
BingX USUAL-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01354 | +0.060% | $9K | $100 | — | as long as short |
Variational Omni USUAL