Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.042%
Price spread now: MEXC against Gate−0.085%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$848as in the Funding arb table
Net, price: spread back to 7d avg − costs−$832as in the Price arb table
costs, in and out, $10k−$8218.212% of the position
Funding, last 7 days−0.266%−$27 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.085%, 7d avg +0.027%
=Funding pays, the price is against you. MEXC is 0.112% cheaper against Gate than usual: you would sell low and buy high (spread −0.085% now, against its 7-day average of +0.027%). If the spread goes back, that is −$11 on $10k: about 12 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.266%, 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 | Gate 4_USDT | 0.01990 | 0.0246 | pay 0.0123% / 4h | 2h 33m | $529K | $299K | 20x |
| Short | MEXC 4_USDT | 0.01988 | 0.0276 | get 0.0138% / 4h | 2h 33m | $1.6M | $910K | 100x |
Gate 4_USDT
MEXC 4_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
- $6.3
- Price spread: −0.085% → +0.027%
- −$11.21
- Slippage, 4 orders
- −$802.15
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$826.07
- Costs to cover
- 8.212%
- Break-even
- 924.9 days
Slippage from Gate: live order book, 13 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, 13 min ago | 5.73 bp | 417.0 bp −$417 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 4.98 bp | 15.8 bp −$16 | 112.1 bp −$1,121 | 278.4 bp −$27.8K | doesn't fit |
4 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit 4USDT | +0.0100% | 4h | 0.01988 | −0.095% | $2.6M | $2.0M | 5x | as long as short |
| Variational Omni 4 | +0.0100% | 4h | 0.02004 | +0.713% | $45K | $8K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.01992 | +0.116% | $2K | $1.4M | 20x | as long as short |
| Aster 4USDT | +0.0200% | 4h | 0.01994 | +0.196% | $236K | $112K | 5x | as long as short |
| Gate 4_USDTlong | +0.0246% | 4h | 0.01990 | long leg | $529K | $299K | 20x | |
| BingX 4-USDT | +0.0252% | 4h | 0.01993 | +0.171% | — | $1.4M | — | as long as short |
| MEXC 4_USDTshort | +0.0276% | 4h | 0.01988 | −0.085% | $1.6M | $910K | 100x | |
| Binance 4USDT | +0.0276% | 4h | 0.01988 | −0.085% | $7.8M | $13.3M | 20x | as long as short |
| KuCoin 4USDTM | +0.0538% | 4h | 0.01986 | −0.186% | $876K | $12.5M | 20x | as long as short |
Bybit 4USDT
Variational Omni 4
SunX 4-USDT
Aster 4USDT
BingX 4-USDT
Binance 4USDT
KuCoin 4USDTM