Funding you earn now, next payment 04:00 UTC−0.0170%/8h= −18.6% APRpaid last 24h −0.032%
Price spread now: Gate against MEXC+0.037%7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1001.000% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.142%+$14 · spread now +0.037%, 7d avg +0.106%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.069% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.106%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GBP_USDT | 1.3382 | 0.0170 | pay 0.0085% / 4h | 18m 59s | $26.0M | $259K | 100x |
| Short | Gate GBPUSD_USDT | 1.3387 | 0 | get 0.0000% / 8h | 4h 18m | $222K | $9K | 100x |
MEXC GBP_USDT
Gate GBPUSD_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
- −$35.7
- Price spread: +0.037% → +0.106%
- −$6.86
- Slippage, 4 orders
- −$77.04
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$142.6
- Costs to cover
- 1.000%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Gate: live order book, 32 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 | 1.12 bp | 5.1 bp −$5 | 5.7 bp −$57 | 6.3 bp −$627 | 44.7 bp −$22.3K |
| Sell Gate live order book, 32 min ago | 1.49 bp | 10.5 bp −$10 | 202.1 bp −$2,021 | doesn't fit | doesn't fit |
GBP on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado GBPUSD-PERP | −0.0074% | 1h | 1.3387 | +0.035% | $16K | $7K | 40x | as long as short |
| tradeXYZ xyz:GBP | 0.0000% | 1h | 1.3383 | +0.007% | $233K | $342K | 50x | as long as short |
| Lighter GBPUSD | 0.0000% | 1h | 1.3381 | −0.010% | $181K | $999K | 50x | as long as short |
| Bybit GBPUSDUSDT | 0.0000% | 8h | 1.3377 | −0.040% | $245K | $69K | 100x | as long as short |
| Gate GBPUSD_USDTshort | 0.0000% | 8h | 1.3387 | +0.037% | $222K | $9K | 100x | |
| Bitget GBPUSDUSDT | 0.0000% | 8h | 1.3384 | +0.015% | $12K | $14K | 100x | as long as short |
| SunX GBPUSD-USDT | 0.0000% | 1h | 1.3384 | +0.015% | — | $2.4M | 10x | as long as short |
| Kraken Futures PF_GBPUSD | 0.0000% | 1h | 1.3376 | −0.042% | $991 | — | 20x | as long as short |
| HTX GBPUSD-USDT | 0.0000% | 1h | 1.3383 | +0.007% | $5K | $334K | 20x | as long as short |
| Vest GBP-USD-PERP | +0.0038% | 1h | 1.3375 | −0.054% | — | $38K | 100x | as long as short |
Nado GBPUSD-PERP
tradeXYZ xyz:GBP
Lighter GBPUSD
Bybit GBPUSDUSDT
Bitget GBPUSDUSDT
SunX GBPUSD-USDT
Kraken Futures PF_GBPUSD
HTX GBPUSD-USDT
Vest GBP-USD-PERPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC GBP_USDTlong | +0.0170% | 4h | 1.3382 | long leg | $26.0M | $259K | 100x | |
| Injective GBPUSD/USDC PERP | +0.0220% | 1h | 1.3512 | +0.969% | $11K | $73K | 101x | as long as short |
| Hibachi GBP/USDT-P | +0.0328% | 1h | 1.3388 | +0.043% | $19K | $34K | 20x | as long as short |
Injective GBPUSD/USDC PERP
Hibachi GBP/USDT-P