Funding you earn now, next payment 04:00 UTC−0.0360%/8h= −39.4% APRnext payment −$1.80 per $10,000 · paid last 24h −0.007%
Price spread now: MEXC against Gate−0.458%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and MEXC is 0.458% cheaper against Gate than usual: you would sell low and buy high (−$46 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate COOL_USDT | 0.001529 | 0.0100 | pay 0.0050% / 4h | 2h 46m | $57K | $161K | 10x |
| Short | MEXC COOL_USDT | 0.001522 | −0.0260 | pay 0.0130% / 4h | 2h 46m | $28K | $89K | 20x |
Gate COOL_USDT
MEXC COOL_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
- −$75.6
- Price spread: −0.458% → 0.000%
- −$45.78
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$140.38
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 15 min ago; MEXC: 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 Gate live order book, 15 min ago | 55.07 bp | 6784.0 bp −$6,784 | 145380.8 bp −$1.45M | doesn't fit | doesn't fit |
| Sell MEXC no order-book sample | — | — | — | — | — |
MEXC: 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.
COOL on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC COOL_USDTshort | −0.0260% | 4h | 0.001522 | −0.458% | $28K | $89K | 20x | |
| BingX COOL-USDT | −0.0182% | 4h | 0.001537 | +0.523% | — | $316K | — | as long as short |
| Gate COOL_USDTlong | +0.0100% | 4h | 0.001529 | long leg | $57K | $161K | 10x |
BingX COOL-USDT