Funding you earn now, next payment 08:00 UTC−0.2224%/8h= −243.5% APRnext payment −$11.12 per $10,000 · paid last 24h −0.005%
Price spread now: MEXC against Gate+0.393%7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$239as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$2292.286% of the position
Funding, last 7 days−0.104%−$10 on $10k
+Price spread, last 4 days (all we have)−0.748%−$75 · spread now +0.393%, 7d avg −0.049%
=The price spread pays, funding is against you. MEXC is 0.442% dearer against Gate than usual: you sell high and buy low (spread +0.393% now, against its 7-day average of −0.049%): +$44 on $10k if it goes back. Holding the pair costs −$67 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.104% in total) that is about 30 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.104% in total (about -5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$11.12 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 | Gate LGELECTRONICS_USDT | 157.76 | −0.2926 | get 0.1463% / 4h | 2h 54m | $106K | $61K | 20x |
| Short | MEXC LGELECTRONICS_USDT | 158.38 | −0.5150 | pay 0.2575% / 4h | 2h 54m | $225K | $126K | 20x |
Gate LGELECTRONICS_USDT
MEXC LGELECTRONICS_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
- −$467.04
- Price spread: +0.393% → −0.049%
- $44.24
- Slippage, 4 orders
- −$213.61
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$651.41
- Costs to cover
- 2.286%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; MEXC: live order book, 31 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 Gate live order book, 3 min ago | 0.63 bp | 125.5 bp −$125 | 243.0 bp −$2,430 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 31 min ago | 2.20 bp | 74.4 bp −$74 | 193.7 bp −$1,937 | doesn't fit | doesn't fit |
LGELECTRONICS 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC LGELECTRONICS_USDTshort | −0.5150% | 4h | 158.38 | +0.393% | $225K | $126K | 20x | |
| Binance LGELECTRONICSUSDT | −0.5146% | 4h | 157.82 | +0.038% | $113K | $774K | 20x | as long as short |
| Bitget LGELECTRONICSUSDT | −0.4757% | 8h | 158.02 | +0.165% | $242K | $764K | 20x | as long as short |
| GRVT LGELECTRONICS_USDT_Perp | −0.4594% | 4h | 157.67 | −0.057% | $550 | $176K | 10x | as long as short |
| Gate LGELECTRONICS_USDTlong | −0.2926% | 4h | 157.76 | long leg | $106K | $61K | 20x | |
| OKX LGELECTRONICS-USDT-SWAP | −0.2599% | 8h | 157.66 | −0.063% | $106K | $101K | 20x | as long as short |
| Bybit LGELECTRONICSUSDT | −0.2005% | 8h | 157.18 | −0.368% | $40K | $56K | 25x | as long as short |
| edgeX LGELUSDC | −0.0650% | 4h | 157.63 | −0.081% | $13K | $216K | 10x | as long as short |
| HTX LGELECTRONICS-USDT | 0.0000% | 4h | 157.35 | −0.260% | $9K | $37K | 10x | as long as short |
Binance LGELECTRONICSUSDT
Bitget LGELECTRONICSUSDT
GRVT LGELECTRONICS_USDT_Perp
OKX LGELECTRONICS-USDT-SWAP
Bybit LGELECTRONICSUSDT
edgeX LGELUSDC
HTX LGELECTRONICS-USDT