Funding you earn now, next payment 08:00 UTC+0.0702%/8h= +76.9% APRnext payment +$7.02 per $10,000 · paid last 24h +0.081%
Price spread now: MEXC against Gate−0.069%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. MEXC is 0.069% cheaper against Gate than usual: you would sell low and buy high (spread −0.069% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 8 hours of funding at the current rate (+$21 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BITO_USDT | 11.558 | 0 | get 0.0000% / 8h | 6h 25m | $29K | $33K | 20x |
| Short | MEXC BITO_USDT | 11.550 | 0.0702 | get 0.0702% / 8h | 6h 25m | $122K | $86K | 20x |
Gate BITO_USDT
MEXC BITO_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
- $147.42
- Price spread: −0.069% → 0.000%
- −$6.92
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $125.5
- Costs to cover
- 0.150%
- Break-even
- 1.0 days
Slippage unknown: Gate: no order-book sample; MEXC: live order book, 14 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 no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 14 min ago | 17.35 bp | 53.1 bp −$53 | 129.1 bp −$1,291 | 214.8 bp −$21.5K | doesn't fit |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BITO on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX BITOUSDC | −0.0760% | 4h | 11.553 | −0.044% | $24K | $268K | 10x | as long as short |
| Bybit BITOUSDT | 0.0000% | 8h | 11.559 | +0.009% | $36K | $37K | 25x | as long as short |
| Gate BITO_USDTlong | 0.0000% | 8h | 11.558 | long leg | $29K | $33K | 20x | |
| Bitget BITOUSDT | 0.0000% | 8h | 11.572 | +0.121% | $329K | $1.1M | 20x | as long as short |
| HTX BITO-USDT | 0.0000% | 8h | 11.560 | +0.017% | $5K | $285K | 10x | as long as short |
| MEXC BITO_USDTshort | +0.0702% | 8h | 11.550 | −0.069% | $122K | $86K | 20x | |
| Binance BITOUSDT | +0.0702% | 8h | 11.555 | −0.027% | $259K | $2.0M | 25x | as long as short |
edgeX BITOUSDC
Bybit BITOUSDT
Bitget BITOUSDT
HTX BITO-USDT
Binance BITOUSDT