Funding you earn now, next payment 08:00 UTC+0.0227%/8h= +24.9% APRnext payment +$2.27 per $10,000 · paid last 24h −0.046%
Price spread now: Gate against MEXC−0.128%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$351as in the Funding arb table
Net, price: spread back to 7d avg − costs−$332as in the Price arb table
costs, in and out, $10k−$3203.196% of the position
Funding, last 7 days−0.311%−$31 on $10k
+Price spread, last 7 days+0.059%+$6 · spread now −0.128%, 7d avg −0.007%
=Funding pays, the price is against you. Gate is 0.120% cheaper against MEXC than usual: you would sell low and buy high (spread −0.128% now, against its 7-day average of −0.007%). If the spread goes back, that is −$12 on $10k: about 42 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.311%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SOXX_USDT | 555.41 | −0.0227 | get 0.0227% / 8h | 2h 27m | $2.7M | $141K | 50x |
| Short | Gate SOXX_USDT | 554.70 | 0 | get 0.0000% / 8h | 2h 27m | $1.1M | $398K | 20x |
MEXC SOXX_USDT
Gate SOXX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $47.67
- Price spread: −0.128% → −0.007%
- −$12.04
- Slippage, 4 orders
- −$304.56
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$283.93
- Costs to cover
- 3.196%
- Break-even
- 48.7 days
Slippage from MEXC: live order book, 5 min ago; Gate: live order book, 5 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, 5 min ago | 8.64 bp | 28.3 bp −$28 | 33.3 bp −$333 | 165.6 bp −$16.6K | doesn't fit |
| Sell Gate live order book, 5 min ago | 15.30 bp | 116.9 bp −$117 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXXUSDT | −0.0231% | 8h | 554.40 | −0.182% | $2.6M | $724K | 20x | as long as short |
| MEXC SOXX_USDTlong | −0.0227% | 8h | 555.41 | long leg | $2.7M | $141K | 50x | |
| Bybit SOXXUSDT | 0.0000% | 8h | 552.75 | −0.479% | $510K | $594K | 25x | as long as short |
| Gate SOXX_USDTshort | 0.0000% | 8h | 554.70 | −0.128% | $1.1M | $398K | 20x | |
| HTX SOXX-USDT | 0.0000% | 8h | 553.74 | −0.301% | $7K | $40K | 10x | as long as short |
Bitget SOXXUSDT
Bybit SOXXUSDT
HTX SOXX-USDT