Funding you earn now, next payment 04:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.03 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate0.000%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1161.159% of the position
Funding, last 7 days+0.201%+$20 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now 0.000%, 7d avg +0.073%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.073% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CP_USDT | 0.01417 | 0.0100 | pay 0.0050% / 4h | 20m 06s | $624K | $566K | 20x |
| Short | MEXC CP_USDT | 0.01417 | 0.0106 | get 0.0053% / 4h | 20m 06s | $1.5M | $358K | 20x |
Funding 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
- $1.26
- Price spread: 0.000% → +0.073%
- −$7.31
- Slippage, 4 orders
- −$96.91
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$121.96
- Costs to cover
- 1.159%
- Break-even
- 684.5 days
Slippage from Gate: live order book, 36 min ago; MEXC: live order book, 1 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, 36 min ago | 7.16 bp | 45.9 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 3.52 bp | 12.1 bp −$12 | 71.1 bp −$711 | 438.0 bp −$43.8K | doesn't fit |
CP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CP-USDT | +0.0059% | 4h | 0.01417 | 0.000% | $431 | $43K | 20x | as long as short |
| BingX CP-USDT | +0.0070% | 4h | 0.01418 | +0.071% | — | $1.0M | — | as long as short |
| Bybit CPUSDT | +0.0100% | 4h | 0.01419 | +0.141% | $1.4M | $2.8M | 20x | as long as short |
| Gate CP_USDTlong | +0.0100% | 4h | 0.01417 | long leg | $624K | $566K | 20x | |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01418 | +0.071% | $200K | $892K | 20x | as long as short |
| Bitget CPUSDT | +0.0100% | 4h | 0.01419 | +0.120% | $853K | $1.6M | 20x | as long as short |
| MEXC CP_USDTshort | +0.0106% | 4h | 0.01417 | 0.000% | $1.5M | $358K | 20x | |
| OKX CP-USDT-SWAP | +0.0112% | 4h | 0.01419 | +0.141% | $4.0M | $11.8M | 20x | as long as short |
Gate CP_USDT
MEXC CP_USDT
BloFin CP-USDT
BingX CP-USDT
Bybit CPUSDT
KuCoin CPUSDTM
Bitget CPUSDT
OKX CP-USDT-SWAP