Funding you earn now, next payment 22:00 UTC+0.0028%/8h= +3.0% APRpaid last 24h +0.004%
Price spread now: MEXC against Arcus+0.043%7-day average +0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$350.351% of the position
Funding, last 3 days (all we have)+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.043%, 7d avg +0.134%
=Funding pays, the price is against you. MEXC is 0.092% cheaper against Arcus than usual: you would sell low and buy high (spread +0.043% now, against its 7-day average of +0.134%). If the spread goes back, that is −$9 on $10k: about 11 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus GLD-USD | 398.03 | 0.0040 | pay 0.0005% / 1h | 59m 54s | $266K | $464K | 25x |
| Short | MEXC GLD_USDT | 398.20 | 0.0068 | get 0.0068% / 8h | 1h 59m | $109K | $99K | 20x |
Arcus GLD-USD
MEXC GLD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Arcus. 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
- $5.82
- Price spread: +0.043% → +0.134%
- −$9.17
- Slippage, 4 orders
- −$30.55
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$38.4
- Costs to cover
- 0.351%
- Break-even
- 53.2 days
Slippage from Arcus: live order book, 24 min ago; MEXC: live order book, 12 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 Arcus live order book, 24 min ago | 1.88 bp | 5.2 bp −$5 | 6.6 bp −$66 | 22.9 bp −$2,290 | doesn't fit |
| Sell MEXC live order book, 12 min ago | 2.64 bp | 11.1 bp −$11 | 145.8 bp −$1,458 | 211.9 bp −$21.2K | doesn't fit |
GLD on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GLD_USDT | 0.0000% | 8h | 399.00 | +0.244% | $48K | $3K | 20x | as long as short |
| Arcus GLD-USDlong | +0.0040% | 1h | 398.03 | long leg | $266K | $464K | 25x | |
| Vest GLD-USD-PERP | +0.0046% | 1h | 398.20 | +0.043% | — | — | 25x | as long as short |
| MEXC GLD_USDTshort | +0.0068% | 8h | 398.20 | +0.043% | $109K | $99K | 20x | |
| Injective GLD/USDC PERP | +0.0220% | 1h | 438.16 | +10.082% | $3K | $95 | 52x | as long as short |
Gate GLD_USDT
Vest GLD-USD-PERP
Injective GLD/USDC PERP