Funding you earn now, next payment 04:00 UTC+0.0246%/8h= +26.9% APRnext payment +$1.23 per $10,000 · paid last 24h +0.006%
Price spread now: Gate against MEXC+0.163%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$358as in the Funding arb table
Net, price: spread back to 7d avg − costs−$342as in the Price arb table
costs, in and out, $10k−$3593.589% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.163%, 7d avg −0.005%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Gate is 0.168% dearer against MEXC than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.005%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.006% in total (about 0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.23 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 ACT_USDT | 0.01106 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $6.4M | $111K | 20x |
| Short | Gate ACT_USDT | 0.01108 | 0.0346 | get 0.0173% / 4h | 2h 20m | $143K | $77K | 25x |
MEXC ACT_USDT
Gate ACT_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
- $51.66
- Price spread: +0.163% → −0.005%
- $16.76
- Slippage, 4 orders
- −$339.87
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$290.45
- Costs to cover
- 3.589%
- Break-even
- 46.4 days
Slippage from MEXC: live order book, 3 min ago; Gate: live order book, 41 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 | 5.40 bp | 27.4 bp −$27 | 56.5 bp −$565 | 122.1 bp −$12.2K | 343.6 bp −$171.8K |
| Sell Gate live order book, 41 min ago | 4.53 bp | 185.7 bp −$186 | doesn't fit | doesn't fit | doesn't fit |
ACT on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ACTUSDT | +0.0100% | 4h | 0.01106 | +0.006% | $2.1M | $2.3M | 10x | as long as short |
| MEXC ACT_USDTlong | +0.0100% | 4h | 0.01106 | long leg | $6.4M | $111K | 20x | |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01108 | +0.163% | $267K | $87K | 10x | as long as short |
| Bybit ACTUSDT | +0.0139% | 4h | 0.01109 | +0.262% | $597K | $413K | 25x | as long as short |
| Gate ACT_USDTshort | +0.0346% | 4h | 0.01108 | +0.163% | $143K | $77K | 25x | |
| OKX ACT-USDT-SWAP | +0.0353% | 4h | 0.01110 | +0.325% | $801K | $1.5M | 10x | as long as short |
| BingX ACT-USDT | +0.0370% | 4h | 0.01109 | +0.253% | — | $1.3M | — | as long as short |
Binance ACTUSDT
Bitget ACTUSDT
Bybit ACTUSDT
OKX ACT-USDT-SWAP
BingX ACT-USDT