Funding you earn now, next payment 04:00 UTC−0.0892%/8h= −97.7% APRnext payment −$4.46 per $10,000 · paid last 24h −0.108%
Price spread now: Gate against MEXC−0.621%7-day average +0.178% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.540%−$54 on $10k
+Price spread, last 4 days (all we have)+0.135%+$14 · spread now −0.621%, 7d avg +0.178%
=Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and Gate is 0.799% cheaper against MEXC than usual: you would sell low and buy high (−$80 if the spread goes back to its 7-day average of +0.178%). Swap the legs.
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 −$4.46 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 XNY_USDT | 0.006278 | 0.1318 | pay 0.0659% / 4h | 1h 39m | $169K | $93K | 100x |
| Short | Gate XNY_USDT | 0.006239 | 0.0426 | get 0.0213% / 4h | 1h 39m | $207K | $12K | 10x |
MEXC XNY_USDT
Gate XNY_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
- −$187.32
- Price spread: −0.621% → +0.178%
- −$79.92
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$286.24
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 60 min ago; Gate: live order book, 16 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 MEXC live order book, 60 min ago | 3.22 bp | 29.0 bp −$29 | 78.6 bp −$786 | 173.8 bp −$17.4K | doesn't fit |
| Sell Gate live order book, 16 min ago | 10.43 bp | doesn't fit | doesn't fit | doesn't fit | 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 | 0.006257 | −0.335% | $438K | $30K | 5x | as long as short |
| KuCoin XNYUSDTM | +0.0100% | 4h | 0.006251 | −0.430% | $285K | $12K | 10x | as long as short |
| Variational Omni XNY | +0.0100% | 4h | 0.006233 | −0.712% | $52K | $1K | — | as long as short |
| Gate XNY_USDTshort | +0.0426% | 4h | 0.006239 | −0.621% | $207K | $12K | 10x | |
| Aster XNYUSDT | +0.1151% | 4h | 0.006258 | −0.319% | $5K | $3K | 5x | as long as short |
| BingX XNY-USDT | +0.1284% | 4h | 0.006276 | −0.032% | — | $1.3M | — | as long as short |
| Binance XNYUSDT | +0.1315% | 4h | 0.006284 | +0.094% | $3.7M | $929K | 10x | as long as short |
| MEXC XNY_USDTlong | +0.1318% | 4h | 0.006278 | long leg | $169K | $93K | 100x | |
| BloFin XNY-USDT | +0.1354% | 4h | 0.006256 | −0.350% | $223K | $6K | 10x | as long as short |
Bybit XNYUSDT
KuCoin XNYUSDTM
Variational Omni XNY
Aster XNYUSDT
BingX XNY-USDT
Binance XNYUSDT
BloFin XNY-USDT