Funding you earn now, next payment 08:00 UTC−0.1162%/8h= −127.2% APRnext payment −$5.81 per $10,000 · paid last 24h +0.082%
Price spread now: Gate against MEXC0.000%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1601.600% of the position
Funding, last 7 days−0.298%−$30 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now 0.000%, 7d avg +0.008%
=The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: −$35 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.298% in total (about -15.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.81 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC VTHO_USDT | 0.0006722 | −0.0780 | get 0.0390% / 4h | 2h 38m | $1.7M | $215K | 20x |
| Short | Gate VTHO_USDT | 0.0006722 | −0.1942 | pay 0.0971% / 4h | 2h 38m | $339K | $521K | 25x |
MEXC VTHO_USDT
Gate VTHO_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
- −$244.02
- Price spread: 0.000% → +0.008%
- −$0.85
- Slippage, 4 orders
- −$140.98
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$404.85
- Costs to cover
- 1.600%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Gate: live order book, 7 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, 3 min ago | 2.96 bp | 17.8 bp −$18 | 48.3 bp −$483 | 109.1 bp −$10.9K | doesn't fit |
| Sell Gate live order book, 7 min ago | 2.22 bp | 76.8 bp −$77 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate VTHO_USDTshort | −0.1942% | 4h | 0.0006722 | 0.000% | $339K | $521K | 25x | |
| Binance VTHOUSDT | −0.0803% | 4h | 0.0006722 | 0.000% | $4.9M | $14.5M | 50x | as long as short |
| MEXC VTHO_USDTlong | −0.0780% | 4h | 0.0006722 | long leg | $1.7M | $215K | 20x | |
| Bitget VTHOUSDT | −0.0434% | 4h | 0.0006718 | −0.060% | $1.2M | $1.4M | 50x | as long as short |
| BingX VTHO-USDT | −0.0266% | 4h | 0.0006719 | −0.045% | — | $1.4M | — | as long as short |
Binance VTHOUSDT
Bitget VTHOUSDT
BingX VTHO-USDT