Funding you earn now, next payment 08:00 UTC−0.1129%/8h= −123.6% APRnext payment −$11.29 per $10,000 · paid last 24h −0.027%
Price spread now: Gate against MEXC−0.167%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.385%−$38 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$34 a day on $10k at the current rate, and Gate is 0.167% cheaper against MEXC than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.385% in total (about -20.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$11.29 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 | MEXC TMF_USDT | 29.880 | 0.1129 | pay 0.1129% / 8h | 2h 15m | $635K | $91K | 20x |
| Short | Gate TMF_USDT | 29.830 | 0 | get 0.0000% / 8h | 2h 15m | $51K | $7K | 20x |
MEXC TMF_USDT
Gate TMF_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
- −$237.09
- Price spread: −0.167% → 0.000%
- −$16.73
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$268.82
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 24 min ago; Gate: no order-book sample. Net counts fees only.
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, 24 min ago | 6.68 bp | 21.1 bp −$21 | 83.3 bp −$833 | 211.2 bp −$21.1K | 290.3 bp −$145.1K |
| Sell Gate no order-book sample | — | — | — | — | — |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TMF 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TMFUSDC | −0.0900% | 4h | 29.883 | +0.009% | $13K | $287K | 10x | as long as short |
| Bybit TMFUSDT | 0.0000% | 8h | 29.900 | +0.067% | $163K | $54K | 25x | as long as short |
| Gate TMF_USDTshort | 0.0000% | 8h | 29.830 | −0.167% | $51K | $7K | 20x | |
| Bitget TMFUSDT | 0.0000% | 8h | 29.867 | −0.044% | $160K | $86K | 20x | as long as short |
| HTX TMF-USDT | 0.0000% | 8h | 29.890 | +0.033% | $9K | $252K | 10x | as long as short |
| OKX TMF-USDT-SWAP | +0.0808% | 8h | 29.890 | +0.033% | $149K | $136K | 20x | as long as short |
| Variational Omni TMF | +0.1049% | 8h | 29.885 | +0.016% | $28K | $5K | — | as long as short |
| Binance TMFUSDT | +0.1117% | 8h | 29.886 | +0.021% | $1.2M | $507K | 25x | as long as short |
| MEXC TMF_USDTlong | +0.1129% | 8h | 29.880 | long leg | $635K | $91K | 20x |
edgeX TMFUSDC
Bybit TMFUSDT
Bitget TMFUSDT
HTX TMF-USDT
OKX TMF-USDT-SWAP
Variational Omni TMF
Binance TMFUSDT