Funding you earn now, next payment 12:00 UTC+0.0288%/8h= +31.5% APRnext payment +$1.44 per $10,000 · paid last 24h +0.016%
Price spread now: Gate against MEXC+0.178%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$878as in the Funding arb table
Net, price: spread back to 7d avg − costs−$885as in the Price arb table
costs, in and out, $10k−$9059.052% of the position
Funding, last 7 days+0.274%+$27 on $10k
+Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.178%, 7d avg −0.027%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Gate is 0.204% dearer against MEXC than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC 4_USDT | 0.02023 | 0.0460 | pay 0.0230% / 4h | 2h 59m | $1.9M | $969K | 100x |
| Short | Gate 4_USDT | 0.02027 | 0.0748 | get 0.0374% / 4h | 2h 59m | $555K | $302K | 20x |
Funding 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
- $60.48
- Price spread: +0.178% → −0.027%
- $20.45
- Slippage, 4 orders
- −$886.15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$824.22
- Costs to cover
- 9.052%
- Break-even
- 102.4 days
Slippage from MEXC: live order book, 3 min ago; Gate: live order book, 32 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, 3 min ago | 4.94 bp | 18.3 bp −$18 | 109.0 bp −$1,090 | 274.7 bp −$27.5K | doesn't fit |
| Sell Gate live order book, 32 min ago | 8.24 bp | 529.5 bp −$530 | doesn't fit | doesn't fit | 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 | 0.02020 | −0.153% | $2.7M | $2.1M | 5x | as long as short |
| Variational Omni 4 | +0.0100% | 4h | 0.02020 | −0.137% | $49K | $12K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02024 | +0.049% | $2K | $1.5M | 20x | as long as short |
| KuCoin 4USDTM | +0.0182% | 4h | 0.02023 | 0.000% | $893K | $12.1M | 20x | as long as short |
| Aster 4USDT | +0.0378% | 4h | 0.02023 | −0.010% | $238K | $118K | 5x | as long as short |
| BingX 4-USDT | +0.0434% | 4h | 0.02034 | +0.554% | — | $1.4M | — | as long as short |
| MEXC 4_USDTlong | +0.0460% | 4h | 0.02023 | long leg | $1.9M | $969K | 100x | |
| Binance 4USDT | +0.0460% | 4h | 0.02023 | +0.015% | $8.0M | $14.3M | 20x | as long as short |
| Gate 4_USDTshort | +0.0748% | 4h | 0.02027 | +0.178% | $555K | $302K | 20x |
MEXC 4_USDT
Gate 4_USDT
Bybit 4USDT
Variational Omni 4
SunX 4-USDT
KuCoin 4USDTM
Aster 4USDT
BingX 4-USDT
Binance 4USDT