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: Gate against MEXC−0.120%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$818as in the Funding arb table
Net, price: spread back to 7d avg − costs−$794as 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)+0.091%+$9 · spread now −0.120%, 7d avg −0.038%
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Gate is 0.083% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.038%). Swap the legs.
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 | MEXC XAN_USDT | 0.01247 | 0.0724 | pay 0.0362% / 4h | 2h 27m | $9.0M | $108K | 50x |
| Short | Gate XAN_USDT | 0.01246 | 0.0100 | get 0.0050% / 4h | 2h 27m | $246K | $39K | 20x |
MEXC XAN_USDT
Gate XAN_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
- −$131.04
- Price spread: −0.120% → −0.038%
- −$8.25
- Slippage, 4 orders
- −$767.22
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$925.52
- Costs to cover
- 7.862%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Gate: live order book, 34 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 | 4.01 bp | 27.6 bp −$28 | 51.5 bp −$515 | 167.9 bp −$16.8K | doesn't fit |
| Sell Gate live order book, 34 min ago | 11.61 bp | 336.1 bp −$336 | doesn't fit | doesn't fit | 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 | −0.249% | $1.0M | $214K | 13x | as long as short |
| Gate XAN_USDTshort | +0.0100% | 4h | 0.01246 | −0.120% | $246K | $39K | 20x | |
| KuCoin XANUSDTM | +0.0100% | 4h | 0.01246 | −0.080% | $622K | $1.7M | 50x | as long as short |
| Bitget XANUSDT | +0.0100% | 4h | 0.01244 | −0.241% | $410K | $142K | 50x | as long as short |
| Variational Omni XAN | +0.0100% | 4h | 0.01244 | −0.256% | $7K | $2K | — | as long as short |
| BingX XAN-USDT | +0.0694% | 4h | 0.01245 | −0.144% | — | $1.3M | — | as long as short |
| Binance XANUSDT | +0.0717% | 4h | 0.01247 | +0.024% | $2.1M | $1.4M | 50x | as long as short |
| MEXC XAN_USDTlong | +0.0724% | 4h | 0.01247 | long leg | $9.0M | $108K | 50x | |
| Aster XANUSDT | +0.0878% | 4h | 0.01245 | −0.141% | $45K | $9K | 5x | as long as short |
Bybit XANUSDT
KuCoin XANUSDTM
Bitget XANUSDT
Variational Omni XAN
BingX XAN-USDT
Binance XANUSDT
Aster XANUSDT