Funding you earn now, next payment 08:00 UTC−0.0530%/8h= −58.0% APRnext payment −$5.30 per $10,000 · paid last 24h +0.046%
Price spread now: MEXC against Gate+0.007%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$294as in the Funding arb table
Net, price: spread back to 7d avg − costs−$325as in the Price arb table
costs, in and out, $10k−$3253.252% of the position
Funding, last 7 days+0.311%+$31 on $10k
+Price spread, last 7 days+0.076%+$8 · spread now +0.007%, 7d avg +0.008%
=The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.311%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.311% in total (about 16.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.30 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 SOXX_USDT | 563.60 | 0 | get 0.0000% / 8h | 5h 23m | $1.1M | $390K | 20x |
| Short | MEXC SOXX_USDT | 563.64 | −0.0530 | pay 0.0530% / 8h | 5h 23m | $2.8M | $142K | 50x |
Gate SOXX_USDT
MEXC SOXX_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
- −$111.3
- Price spread: +0.007% → +0.008%
- −$0.09
- Slippage, 4 orders
- −$310.2
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$436.6
- Costs to cover
- 3.252%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; MEXC: live order book, 3 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 | 8.86 bp | 184.4 bp −$184 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 5.14 bp | 5.2 bp −$5 | 6.0 bp −$60 | 157.7 bp −$15.8K | doesn't fit |
SOXX 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC SOXX_USDTshort | −0.0530% | 8h | 563.64 | +0.007% | $2.8M | $142K | 50x | |
| Bybit SOXXUSDT | 0.0000% | 8h | 562.73 | −0.154% | $529K | $570K | 25x | as long as short |
| Gate SOXX_USDTlong | 0.0000% | 8h | 563.60 | long leg | $1.1M | $390K | 20x | |
| Bitget SOXXUSDT | 0.0000% | 8h | 563.51 | −0.016% | $2.6M | $713K | 20x | as long as short |
| HTX SOXX-USDT | 0.0000% | 8h | 560.44 | −0.561% | $7K | $38K | 10x | as long as short |
Bybit SOXXUSDT
Bitget SOXXUSDT
HTX SOXX-USDT