Funding you earn now, next payment 06:00 UTC−0.0160%/8h= −17.5% APRpaid last 24h +0.026%
Price spread now: Arcus against MEXC+0.068%7-day average −0.123% · 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−$1,570as in the Price arb table
costs, in and out, $10k−$1,58915.888% of the position
Funding, last 4 days (all we have)−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.068%, 7d avg −0.123%
=The price spread pays, funding is against you. Arcus is 0.191% dearer against MEXC than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of −0.123%): +$19 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 4.0 days. At the pace of the last 4 days (−0.005% in total) that is about 4 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GLD_USDT | 396.87 | 0.0200 | pay 0.0200% / 8h | 2h 28m | $110K | $98K | 20x |
| Short | Arcus GLD-USD | 397.14 | 0.0040 | get 0.0005% / 1h | 28m 27s | $308K | $531K | 25x |
MEXC GLD_USDT
Arcus GLD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- −$33.54
- Price spread: +0.068% → −0.123%
- $19.06
- Slippage, 4 orders
- −$1,584.26
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$1,603.24
- Costs to cover
- 15.888%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 56 min ago; Arcus: live order book, 20 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, 56 min ago | 12.07 bp | 790.6 bp −$791 | 1123.5 bp −$11.2K | 1214.1 bp −$121.4K | doesn't fit |
| Sell Arcus live order book, 20 min ago | 0.13 bp | 2.4 bp −$2 | 3.2 bp −$32 | 23.9 bp −$2,392 | 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 | 398.80 | +0.486% | $48K | $3K | 20x | as long as short |
| Arcus GLD-USDshort | +0.0040% | 1h | 397.14 | +0.068% | $308K | $531K | 25x | |
| Vest GLD-USD-PERP | +0.0046% | 1h | 396.51 | −0.091% | — | — | 25x | as long as short |
| MEXC GLD_USDTlong | +0.0200% | 8h | 396.87 | long leg | $110K | $98K | 20x | |
| Injective GLD/USDC PERP | +0.0220% | 1h | 436.25 | +9.923% | $3K | $93 | 52x | as long as short |
Gate GLD_USDT
Vest GLD-USD-PERP
Injective GLD/USDC PERP