Funding you earn now, next payment 04:00 UTC+0.0624%/8h= +68.3% APRnext payment +$3.12 per $10,000 · paid last 24h +0.096%
Price spread now: MEXC against Gate+0.145%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$755as in the Funding arb table
Net, price: spread back to 7d avg − costs−$776as in the Price arb table
costs, in and out, $10k−$7867.862% of the position
Funding, last 7 days+0.313%+$31 on $10k
+Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.145%, 7d avg +0.038%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and MEXC is 0.107% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.038%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.313% in total (about 16.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.12 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 | Gate XAN_USDT | 0.01246 | 0.0100 | pay 0.0050% / 4h | 2h 27m | $246K | $39K | 20x |
| Short | MEXC XAN_USDT | 0.01247 | 0.0724 | get 0.0362% / 4h | 2h 27m | $9.0M | $108K | 50x |
Gate XAN_USDT
MEXC XAN_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
- $131.04
- Price spread: +0.145% → +0.038%
- $10.67
- Slippage, 4 orders
- −$767.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$644.51
- Costs to cover
- 7.862%
- Break-even
- 41.4 days
Slippage from Gate: live order book, 34 min ago; MEXC: live order book, 5 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, 34 min ago | 11.61 bp | 374.8 bp −$375 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 4.01 bp | 47.7 bp −$48 | 67.9 bp −$679 | 207.4 bp −$20.7K | doesn't fit |
XAN on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XANUSDT | +0.0100% | 4h | 0.01244 | −0.128% | $1.0M | $214K | 13x | as long as short |
| Gate XAN_USDTlong | +0.0100% | 4h | 0.01246 | long leg | $246K | $39K | 20x | |
| KuCoin XANUSDTM | +0.0100% | 4h | 0.01247 | +0.088% | $623K | $1.7M | 50x | as long as short |
| Bitget XANUSDT | +0.0100% | 4h | 0.01244 | −0.120% | $410K | $142K | 50x | as long as short |
| Variational Omni XAN | +0.0100% | 4h | 0.01244 | −0.136% | $7K | $2K | — | as long as short |
| BingX XAN-USDT | +0.0694% | 4h | 0.01245 | −0.024% | — | $1.3M | — | as long as short |
| Binance XANUSDT | +0.0717% | 4h | 0.01247 | +0.145% | $2.1M | $1.4M | 50x | as long as short |
| MEXC XAN_USDTshort | +0.0724% | 4h | 0.01247 | +0.145% | $9.0M | $108K | 50x | |
| Aster XANUSDT | +0.0878% | 4h | 0.01245 | −0.028% | $45K | $9K | 5x | as long as short |
Bybit XANUSDT
KuCoin XANUSDTM
Bitget XANUSDT
Variational Omni XAN
BingX XAN-USDT
Binance XANUSDT
Aster XANUSDT