XNY

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1170%/8h= +128.1% APRnext payment +$5.85 per $10,000 · paid last 24h +0.108%

Price spread now: MEXC against Gate+0.398%7-day average −0.178% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.540%+$54 on $10k

Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.398%, 7d avg −0.178%

Together, before fees+0.402%+$40 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and MEXC is 0.576% dearer against Gate than usual: you sell high and buy low: +$58 more if the spread goes back to its 7-day average of −0.178%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.540% in total (about 28.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.85 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 XNY_USDT	0.006289	0.0126	pay 0.0063% / 4h	48m 14s	$208K	$12K	10x
Short	MEXC XNY_USDT	0.006314	0.1296	get 0.0648% / 4h	48m 14s	$170K	$92K	100x

Funding 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

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee MEXCbpOrdersPrice spread, now +0.398%Rate

Funding earned: $245.7
Price spread: +0.398% → −0.178%: $57.58
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: $284.28
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: Gate: live order book, 3 min ago; MEXC: live order book, 47 min ago. Net counts fees only.

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, 3 min ago	10.30 bp	6621.4 bp −$6,621	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 47 min ago	4.80 bp	38.0 bp −$38	79.4 bp −$794	215.3 bp −$21.5K	doesn't fit

XNY 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 XNYUSDT	+0.0100%	4h	0.006307	+0.286%	$442K	$30K	5x	as long as short
KuCoin XNYUSDTM	+0.0100%	4h	0.006296	+0.111%	$287K	$12K	10x	as long as short
Variational Omni XNY	+0.0100%	4h	0.006279	−0.153%	$53K	$1K	—	as long as short
Gate XNY_USDTlong	+0.0126%	4h	0.006289	long leg	$208K	$12K	10x
Aster XNYUSDT	+0.1182%	4h	0.006301	+0.194%	$5K	$3K	5x	as long as short
BingX XNY-USDT	+0.1250%	4h	0.006315	+0.413%	—	$1.3M	—	as long as short
MEXC XNY_USDTshort	+0.1296%	4h	0.006314	+0.398%	$170K	$92K	100x
Binance XNYUSDT	+0.1321%	4h	0.006314	+0.398%	$3.7M	$935K	10x	as long as short
BloFin XNY-USDT	+0.1332%	4h	0.006293	+0.064%	$223K	$6K	10x	as long as short