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: Gate against MEXC+0.010%7-day average — · you sell dearer than you buy
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 | MEXC XLU_USDT | 40.756 | 0.0200 | pay 0.0200% / 8h | 4h 09m | $473K | $82K | 20x |
| Short | Gate XLU_USDT | 40.760 | 0 | get 0.0000% / 8h | 4h 09m | $23K | $2K | 20x |
MEXC XLU_USDT
Gate XLU_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
- −$42
- Price spread: +0.010% → 0.000%
- $0.98
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$56.02
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 23 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, 23 min ago | 17.66 bp | 22.5 bp −$23 | 60.0 bp −$600 | 199.0 bp −$19.9K | doesn't fit |
| 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.
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 | 40.810 | +0.132% | $72K | $265K | 25x | as long as short |
| Gate XLU_USDTshort | 0.0000% | 8h | 40.760 | +0.010% | $23K | $2K | 20x | |
| Bitget XLUUSDT | 0.0000% | 8h | 40.784 | +0.069% | $340K | $26K | 20x | as long as short |
| HTX XLU-USDT | 0.0000% | 8h | 40.410 | −0.849% | $5K | $336K | 20x | as long as short |
| SunX XLU-USDT | +0.0100% | 8h | 40.730 | −0.064% | — | $1.5M | 10x | as long as short |
| MEXC XLU_USDTlong | +0.0200% | 8h | 40.756 | long leg | $473K | $82K | 20x |
Bybit XLUUSDT
Bitget XLUUSDT
HTX XLU-USDT
SunX XLU-USDT