Funding you earn now, next payment 12:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.004%
Price spread now: Gate against MEXC−0.072%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1931.932% of the position
Funding, last 7 days−0.186%−$19 on $10k
+Price spread, last 4 days (all we have)−0.045%−$4 · spread now −0.072%, 7d avg −0.071%
=The price spread sits at its 7-day average of −0.071%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CP_USDT | 0.01381 | 0.0142 | pay 0.0071% / 4h | 1h 54m | $1.5M | $394K | 20x |
| Short | Gate CP_USDT | 0.01380 | 0.0100 | get 0.0050% / 4h | 1h 54m | $578K | $518K | 20x |
MEXC CP_USDT
Gate CP_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
- −$8.82
- Price spread: −0.072% → −0.071%
- −$0.18
- Slippage, 4 orders
- −$174.24
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$202.24
- Costs to cover
- 1.932%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Gate: live order book, 55 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, 5 min ago | 3.61 bp | 9.1 bp −$9 | 63.5 bp −$635 | 339.4 bp −$33.9K | doesn't fit |
| Sell Gate live order book, 55 min ago | 7.15 bp | 97.2 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
CP on 8 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDT | +0.0070% | 4h | 0.01382 | +0.072% | — | $1.1M | — | as long as short |
| Gate CP_USDTshort | +0.0100% | 4h | 0.01380 | −0.072% | $578K | $518K | 20x | |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01384 | +0.217% | $201K | $975K | 20x | as long as short |
| Bitget CPUSDT | +0.0100% | 4h | 0.01383 | +0.109% | $754K | $1.7M | 20x | as long as short |
| BloFin CP-USDT | +0.0119% | 4h | 0.01381 | 0.000% | $429 | $49K | 20x | as long as short |
| OKX CP-USDT-SWAP | +0.0139% | 4h | 0.01381 | 0.000% | $3.9M | $11.2M | 20x | as long as short |
| MEXC CP_USDTlong | +0.0142% | 4h | 0.01381 | long leg | $1.5M | $394K | 20x | |
| Bybit CPUSDT | +0.0207% | 4h | 0.01380 | −0.072% | $1.5M | $3.2M | 20x | as long as short |
BingX CP-USDT
KuCoin CPUSDTM
Bitget CPUSDT
BloFin CP-USDT
OKX CP-USDT-SWAP
Bybit CPUSDT