Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Gate against MEXC−0.133%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1671.673% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.133%, 7d avg +0.044%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.177% cheaper against MEXC than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC VELODROME_USDT | 0.03001 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $242K | $89K | 50x |
| Short | Gate VELODROME_USDT | 0.02997 | 0.0100 | get 0.0050% / 4h | 2h 54m | $125K | $7K | 20x |
MEXC VELODROME_USDT
Gate VELODROME_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: −0.133% → +0.044%
- −$17.75
- Slippage, 4 orders
- −$148.35
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$185.09
- Costs to cover
- 1.673%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 40 min ago; Gate: live order book, 50 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, 40 min ago | 1.66 bp | 14.9 bp −$15 | 75.4 bp −$754 | 280.2 bp −$28.0K | 596.4 bp −$298.2K |
| Sell Gate live order book, 50 min ago | 3.32 bp | 42.8 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.03002 | +0.033% | $7.7M | $1.5M | 50x | as long as short |
| Bybit VELODROMEUSDT | +0.0100% | 4h | 0.02997 | −0.133% | $807K | $331K | 20x | as long as short |
| Gate VELODROME_USDTshort | +0.0100% | 4h | 0.02997 | −0.133% | $125K | $7K | 20x | |
| MEXC VELODROME_USDTlong | +0.0100% | 4h | 0.03001 | long leg | $242K | $89K | 50x | |
| Bitget VELODROMEUSDT | +0.0100% | 4h | 0.03001 | +0.003% | $531K | $26K | 20x | as long as short |
| BingX VELODROME-USDT | +0.0100% | 4h | 0.03001 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni VELODROME | +0.0100% | 4h | 0.02995 | −0.214% | $79K | $3K | — | as long as short |
Binance VELODROMEUSDT
Bybit VELODROMEUSDT
Bitget VELODROMEUSDT
BingX VELODROME-USDT
Variational Omni VELODROME