Funding you earn now, next payment 16:00 UTC+0.0200%/8h= +21.9% APRnext payment +$2.00 per $10,000 · paid last 24h +0.020%
Price spread now: MEXC against Gate−0.002%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XLU_USDT | 40.710 | 0 | get 0.0000% / 8h | 6h 19m | $23K | $2K | 20x |
| Short | MEXC XLU_USDT | 40.709 | 0.0200 | get 0.0200% / 8h | 6h 19m | $472K | $81K | 20x |
Gate XLU_USDT
MEXC XLU_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
- $42
- Price spread: −0.002% → 0.000%
- −$0.25
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $26.75
- Costs to cover
- 0.150%
- Break-even
- 2.5 days
Slippage unknown: Gate: no order-book sample; MEXC: live order book, 26 min ago. 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 Gate no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 26 min ago | 12.52 bp | 32.1 bp −$32 | 151.6 bp −$1,516 | 212.4 bp −$21.2K | doesn't fit |
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.
XLU on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XLUUSDT | 0.0000% | 8h | 40.780 | +0.172% | $73K | $265K | 25x | as long as short |
| Gate XLU_USDTlong | 0.0000% | 8h | 40.710 | long leg | $23K | $2K | 20x | |
| Bitget XLUUSDT | 0.0000% | 8h | 40.748 | +0.093% | $339K | $45K | 20x | as long as short |
| HTX XLU-USDT | 0.0000% | 8h | 40.680 | −0.074% | $6K | $335K | 20x | as long as short |
| SunX XLU-USDT | +0.0100% | 8h | 40.660 | −0.123% | — | $1.8M | 10x | as long as short |
| MEXC XLU_USDTshort | +0.0200% | 8h | 40.709 | −0.002% | $472K | $81K | 20x |
Bybit XLUUSDT
Bitget XLUUSDT
HTX XLU-USDT
SunX XLU-USDT