Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against MEXC+0.330%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$311as in the Funding arb table
Net, price: spread back to 7d avg − costs−$287as in the Price arb table
costs, in and out, $10k−$3113.106% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.305%−$31 · spread now +0.330%, 7d avg +0.090%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.240% dearer against MEXC than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of +0.090%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC USUAL_USDT | 0.01423 | 0.0100 | pay 0.0050% / 4h | 28m 49s | $6.2M | $231K | 100x |
| Short | Gate USUAL_USDT | 0.01428 | 0.0100 | get 0.0100% / 8h | 4h 28m | $964K | $111K | 50x |
MEXC USUAL_USDT
Gate USUAL_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
- $0
- Price spread: +0.330% → +0.090%
- $24.05
- Slippage, 4 orders
- −$291.56
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$286.51
- Costs to cover
- 3.106%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Gate: live order book, 28 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, 4 min ago | 3.15 bp | 10.8 bp −$11 | 169.4 bp −$1,694 | 825.0 bp −$82.5K | doesn't fit |
| Sell Gate live order book, 28 min ago | 7.14 bp | 123.6 bp −$124 | doesn't fit | doesn't fit | 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 | −0.4543% | 1h | 0.01378 | −3.183% | $6K | $3K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0622% | 1h | 0.01427 | +0.290% | $114K | $20K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01426 | +0.190% | $409K | $180K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01423 | +0.004% | $2.3M | $3.3M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01426 | +0.225% | $1.1M | $813K | 25x | as long as short |
| Gate USUAL_USDTshort | +0.0100% | 8h | 0.01428 | +0.330% | $964K | $111K | 50x | |
| MEXC USUAL_USDTlong | +0.0100% | 4h | 0.01423 | long leg | $6.2M | $231K | 100x | |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01425 | +0.119% | $271K | $61K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01425 | +0.119% | $848K | $400K | 50x | as long as short |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01427 | +0.281% | — | $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 | 0.01431 | +0.516% | $11K | $1K | — | as long as short |
Variational Omni USUAL