Funding you earn now, next payment 04:00 UTC−0.0262%/8h= −28.7% APRnext payment −$1.31 per $10,000 · paid last 24h −0.167%
Price spread now: MEXC against Gate−0.057%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2232.230% of the position
Funding, last 7 days+0.255%+$26 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.057%, 7d avg −0.010%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and MEXC is 0.048% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.010%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.255%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate VTHO_USDT | 0.0006981 | −0.3992 | get 0.1996% / 4h | 2h 29m | $383K | $429K | 25x |
| Short | MEXC VTHO_USDT | 0.0006977 | −0.4254 | pay 0.2127% / 4h | 2h 29m | $1.7M | $209K | 20x |
Gate VTHO_USDT
MEXC VTHO_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
- −$55.02
- Price spread: −0.057% → −0.010%
- −$4.77
- Slippage, 4 orders
- −$203.95
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$282.74
- Costs to cover
- 2.230%
- Break-even
- never at this rate
Slippage from Gate: live order book, 36 min ago; MEXC: live order book, 2 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, 36 min ago | 4.92 bp | 132.2 bp −$132 | 9853.0 bp −$98.5K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.44 bp | 11.5 bp −$12 | 42.7 bp −$427 | 100.6 bp −$10.1K | doesn't fit |
VTHO on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC VTHO_USDTshort | −0.4254% | 4h | 0.0006977 | −0.057% | $1.7M | $209K | 20x | |
| Binance VTHOUSDT | −0.4217% | 4h | 0.0006976 | −0.079% | $5.2M | $14.3M | 50x | as long as short |
| BingX VTHO-USDT | −0.4142% | 4h | 0.0006979 | −0.029% | — | $1.4M | — | as long as short |
| Gate VTHO_USDTlong | −0.3992% | 4h | 0.0006981 | long leg | $383K | $429K | 25x | |
| Bitget VTHOUSDT | −0.3876% | 4h | 0.0006976 | −0.072% | $1.3M | $1.5M | 50x | as long as short |
Binance VTHOUSDT
BingX VTHO-USDT
Bitget VTHOUSDT