Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate+0.201%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1251.255% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.165%−$16 · spread now +0.201%, 7d avg −0.046%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.246% dearer against Gate than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate VELODROME_USDT | 0.02990 | 0.0100 | pay 0.0050% / 4h | 1h 32m | $124K | $6K | 20x |
| Short | MEXC VELODROME_USDT | 0.02996 | 0.0100 | get 0.0050% / 4h | 1h 32m | $241K | $92K | 50x |
Gate VELODROME_USDT
MEXC VELODROME_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: +0.201% → −0.046%
- $24.63
- Slippage, 4 orders
- −$106.48
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$100.86
- Costs to cover
- 1.255%
- Break-even
- never at this rate
Slippage from Gate: live order book, 23 min ago; MEXC: live order book, 12 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, 23 min ago | 3.34 bp | 45.6 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 12 min ago | 1.67 bp | 15.8 bp −$16 | 72.0 bp −$720 | 288.3 bp −$28.8K | 590.1 bp −$295.0K |
VELODROME on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance VELODROMEUSDT | +0.0100% | 4h | 0.02998 | +0.261% | $7.7M | $1.5M | 50x | as long as short |
| Bybit VELODROMEUSDT | +0.0100% | 4h | 0.02993 | +0.087% | $802K | $333K | 20x | as long as short |
| Gate VELODROME_USDTlong | +0.0100% | 4h | 0.02990 | long leg | $124K | $6K | 20x | |
| MEXC VELODROME_USDTshort | +0.0100% | 4h | 0.02996 | +0.201% | $241K | $92K | 50x | |
| Bitget VELODROMEUSDT | +0.0100% | 4h | 0.02997 | +0.234% | $533K | $24K | 20x | as long as short |
| BingX VELODROME-USDT | +0.0100% | 4h | 0.02996 | +0.201% | — | $1.3M | — | as long as short |
| Variational Omni VELODROME | +0.0100% | 4h | 0.02981 | −0.285% | $78K | $3K | — | as long as short |
Binance VELODROMEUSDT
Bybit VELODROMEUSDT
Bitget VELODROMEUSDT
BingX VELODROME-USDT
Variational Omni VELODROME