Funding you earn now, next payment 04:00 UTC+0.0345%/8h= +37.8% APRpaid last 24h −0.046%
Price spread now: Gate against MEXC−0.198%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,019as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,008as in the Price arb table
costs, in and out, $10k−$9839.829% of the position
Funding, last 7 days−0.360%−$36 on $10k
+Price spread, last 4 days (all we have)+0.290%+$29 · spread now −0.198%, 7d avg +0.048%
=Funding pays, the price is against you. Gate is 0.246% cheaper against MEXC than usual: you would sell low and buy high (spread −0.198% now, against its 7-day average of +0.048%). If the spread goes back, that is −$25 on $10k: about 2.4 days of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.360%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC WET_USDT | 0.06567 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $167K | $82K | 50x |
| Short | Gate WET_USDT | 0.06554 | 0.0445 | get 0.0445% / 8h | 7h 39m | $985K | $20K | 50x |
MEXC WET_USDT
Gate WET_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
- $72.45
- Price spread: −0.198% → +0.048%
- −$24.61
- Slippage, 4 orders
- −$963.95
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$935.1
- Costs to cover
- 9.829%
- Break-even
- 97.3 days
Slippage from MEXC: live order book, 5 min ago; Gate: live order book, 32 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, 5 min ago | 0.76 bp | 22.5 bp −$22 | 99.6 bp −$996 | 386.0 bp −$38.6K | doesn't fit |
| Sell Gate live order book, 32 min ago | 2.31 bp | 614.7 bp −$615 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance WETUSDT | +0.0100% | 4h | 0.06569 | +0.030% | $1.1M | $841K | 50x | as long as short |
| Bybit WETUSDT | +0.0100% | 4h | 0.06552 | −0.228% | $1.4M | $181K | 50x | as long as short |
| OKX WET-USDT-SWAP | +0.0100% | 4h | 0.06551 | −0.244% | $670K | $151K | 20x | as long as short |
| MEXC WET_USDTlong | +0.0100% | 4h | 0.06567 | long leg | $167K | $82K | 50x | |
| KuCoin WETUSDTM | +0.0100% | 4h | 0.06555 | −0.183% | $688K | $675K | 50x | as long as short |
| Bitget WETUSDT | +0.0100% | 4h | 0.06553 | −0.213% | $572K | $21K | 25x | as long as short |
| BingX WET-USDT | +0.0100% | 4h | 0.06554 | −0.198% | — | $6.5M | — | as long as short |
| BloFin WET-USDT | +0.0121% | 4h | 0.06550 | −0.259% | $69K | $6K | 50x | as long as short |
| Gate WET_USDTshort | +0.0445% | 8h | 0.06554 | −0.198% | $985K | $20K | 50x | |
| Aster WETUSDT | +0.0917% | 4h | 0.06562 | −0.076% | $13K | $29K | 5x | as long as short |
Binance WETUSDT
Bybit WETUSDT
OKX WET-USDT-SWAP
KuCoin WETUSDTM
Bitget WETUSDT
BingX WET-USDT
BloFin WET-USDT
Aster WETUSDT