Funding you earn now, next payment 04:00 UTC−0.1706%/8h= −186.8% APRnext payment −$8.53 per $10,000 · paid last 24h −0.240%
Price spread now: MEXC against Gate−0.161%7-day average +0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1351.354% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 4 days (all we have)+0.461%+$46 · spread now −0.161%, 7d avg +0.102%
=Both sides work against this trade now: funding costs −$51 a day on $10k at the current rate, and MEXC is 0.264% cheaper against Gate than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.102%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.015% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.53 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 | Gate B2_USDT | 0.4958 | 0.2444 | pay 0.1222% / 4h | 2h 03m | $858K | $411K | 20x |
| Short | MEXC B2_USDT | 0.4950 | 0.0738 | get 0.0369% / 4h | 2h 03m | $561K | $493K | 100x |
Gate B2_USDT
MEXC B2_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
- −$358.26
- Price spread: −0.161% → +0.102%
- −$26.38
- Slippage, 4 orders
- −$112.38
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$520.02
- Costs to cover
- 1.354%
- Break-even
- never at this rate
Slippage from Gate: live order book, 64 min ago; MEXC: live order book, 57 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, 64 min ago | 15.26 bp | 44.0 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 57 min ago | 2.05 bp | 20.8 bp −$21 | 91.5 bp −$915 | 270.3 bp −$27.0K | doesn't fit |
B2 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 B2USDT | +0.0100% | 4h | 0.4947 | −0.222% | $1.5M | $2.3M | 20x | as long as short |
| Bitget B2USDT | +0.0680% | 4h | 0.4949 | −0.182% | $2.7M | $1.2M | 50x | as long as short |
| BingX B2-USDT | +0.0694% | 4h | 0.4954 | −0.081% | — | $1.4M | — | as long as short |
| Binance B2USDT | +0.0732% | 4h | 0.4952 | −0.114% | $7.9M | $11.1M | 50x | as long as short |
| MEXC B2_USDTshort | +0.0738% | 4h | 0.4950 | −0.161% | $561K | $493K | 100x | |
| Aster B2USDT | +0.0967% | 4h | 0.4956 | −0.040% | $154K | $168K | 5x | as long as short |
| Variational Omni B2 | +0.0996% | 4h | 0.4976 | +0.366% | $14K | $2K | — | as long as short |
| KuCoin B2USDTM | +0.1198% | 4h | 0.4951 | −0.141% | $1.0M | $299K | 50x | as long as short |
| Gate B2_USDTlong | +0.2444% | 4h | 0.4958 | long leg | $858K | $411K | 20x |
Bybit B2USDT
Bitget B2USDT
BingX B2-USDT
Binance B2USDT
Aster B2USDT
Variational Omni B2
KuCoin B2USDTM