Funding you earn now, next payment 12:00 UTC−0.0122%/8h= −13.3% APRpaid last 24h −0.036%
Price spread now: Gate against edgeX+0.154%97s7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$833as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$7677.671% of the position
Funding, last 7 days−0.660%−$66 on $10k
+Price spread, last 4 days (all we have)+0.064%+$6 · spread now +0.154%, 7d avg +0.122%
=Together, before fees−0.597%+ Points / potential airdropedgeX: Active · farm board−$60 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.032% dearer against edgeX than usual: you sell high and buy low (spread +0.154% now, against its 7-day average of +0.122%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.660% in total) that is about 8 hours. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MEITUANUSDC | 9.3925 | 0.0122 | pay 0.0061% / 4h | 47m 48s | $10K | $222K | 10x |
| Short | Gate MEITUAN_USDT | 9.4070 | 0 | get 0.0000% / 8h | 4h 47m | $269K | $15K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against edgeX. 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
- −$25.59
- Price spread: +0.154% → +0.122%
- $3.24
- Slippage, 4 orders
- −$743.14
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$789.49
- Costs to cover
- 7.671%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 57 min ago; Gate: live order book, 55 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 edgeX live order book, 57 min ago | 21.34 bp | 126.9 bp −$127 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 55 min ago | 18.10 bp | 161.2 bp −$161 | doesn't fit | doesn't fit | doesn't fit |
MEITUAN on 8 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MEITUANUSDT | 0.0000% | 8h | 9.3854 | −0.075% | $3K | $262 | 20x | as long as short |
| Binance MEITUANUSDT | 0.0000% | 4h | 9.3900 | −0.027% | $1.2M | $621K | 20x | as long as short |
| Bybit MEITUANUSDT | 0.0000% | 8h | 9.4000 | +0.080% | $49K | $5K | 25x | as long as short |
| Gate MEITUAN_USDTshort | 0.0000% | 8h | 9.4070 | +0.154% | $269K | $15K | 25x | |
| Bitget MEITUANUSDT | 0.0000% | 8h | 9.3850 | −0.080% | $356K | $194K | 5x | as long as short |
| HTX MEITUAN-USDT | 0.0000% | 4h | 9.4100 | +0.186% | $6K | $2K | 10x | as long as short |
| KuCoin MEITUANUSDTM | +0.0100% | 4h | 9.3800 | −0.133% | $19K | $2.9M | 20x | as long as short |
| edgeX MEITUANUSDClong | +0.0122% | 4h | 9.3925 | long leg | $10K | $222K | 10x |
edgeX MEITUANUSDC
Gate MEITUAN_USDT
Aster MEITUANUSDT
Binance MEITUANUSDT
Bybit MEITUANUSDT
Bitget MEITUANUSDT
HTX MEITUAN-USDT
KuCoin MEITUANUSDTM