Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.046%
Price spread now: MEXC against Gate+0.146%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$989as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,006as in the Price arb table
costs, in and out, $10k−$1,02510.249% of the position
Funding, last 7 days+0.361%+$36 on $10k
+Price spread, last 4 days (all we have)−0.245%−$24 · spread now +0.146%, 7d avg −0.048%
=The price spread pays, funding is against you. MEXC is 0.194% dearer against Gate than usual: you sell high and buy low (spread +0.146% now, against its 7-day average of −0.048%): +$19 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 20 days. Mind the row above: over the last 7 days funding on this pair paid +0.361%, 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 WET_USDT | 0.06866 | 0.0132 | pay 0.0132% / 8h | 2h 22m | $1.0M | $100K | 50x |
| Short | MEXC WET_USDT | 0.06876 | 0.0100 | get 0.0050% / 4h | 2h 22m | $163K | $177K | 50x |
Gate WET_USDT
MEXC WET_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
- −$6.72
- Price spread: +0.146% → −0.048%
- $19.36
- Slippage, 4 orders
- −$1,005.94
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,012.3
- Costs to cover
- 10.249%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; MEXC: live order book, 63 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, 5 min ago | 6.59 bp | 407.4 bp −$407 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 63 min ago | 0.72 bp | 57.3 bp −$57 | 105.4 bp −$1,054 | 494.9 bp −$49.5K | doesn't fit |
WET on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin WET-USDT | +0.0058% | 4h | 0.06838 | −0.408% | $81K | $11K | 50x | as long as short |
| Aster WETUSDT | +0.0100% | 4h | 0.06858 | −0.112% | $15K | $32K | 5x | as long as short |
| Binance WETUSDT | +0.0100% | 4h | 0.06878 | +0.169% | $1.3M | $6.0M | 50x | as long as short |
| Bybit WETUSDT | +0.0100% | 4h | 0.06865 | −0.015% | $1.5M | $1.8M | 50x | as long as short |
| OKX WET-USDT-SWAP | +0.0100% | 4h | 0.06888 | +0.320% | $744K | $4.3M | 20x | as long as short |
| MEXC WET_USDTshort | +0.0100% | 4h | 0.06876 | +0.146% | $163K | $177K | 50x | |
| KuCoin WETUSDTM | +0.0100% | 4h | 0.06868 | +0.029% | $643K | $746K | 50x | as long as short |
| Bitget WETUSDT | +0.0100% | 4h | 0.06864 | −0.029% | $636K | $259K | 25x | as long as short |
| BingX WET-USDT | +0.0100% | 4h | 0.06873 | +0.102% | — | $6.6M | — | as long as short |
| Gate WET_USDTlong | +0.0132% | 8h | 0.06866 | long leg | $1.0M | $100K | 50x |
BloFin WET-USDT
Aster WETUSDT
Binance WETUSDT
Bybit WETUSDT
OKX WET-USDT-SWAP
KuCoin WETUSDTM
Bitget WETUSDT
BingX WET-USDT