Funding you earn now, next payment 04:00 UTC−0.0190%/8h= −20.8% APRnext payment −$0.95 per $10,000 · paid last 24h −0.146%
Price spread now: Gate against MEXC−0.036%7-day average +0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$740.740% of the position
Funding, last 7 days+0.408%+$41 on $10k
+Price spread, last 4 days (all we have)+0.055%+$5 · spread now −0.036%, 7d avg +0.073%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.110% cheaper against MEXC than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.073%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.408%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CVC_USDT | 0.02750 | 0.0100 | pay 0.0050% / 4h | 2h 44m | $654K | $126K | 20x |
| Short | Gate CVC_USDT | 0.02749 | −0.0090 | pay 0.0045% / 4h | 2h 44m | $215K | $310K | 25x |
MEXC CVC_USDT
Gate CVC_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
- −$39.9
- Price spread: −0.036% → +0.073%
- −$10.96
- Slippage, 4 orders
- −$55.05
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$124.91
- Costs to cover
- 0.740%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 15 min ago; Gate: live order book, 20 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, 15 min ago | 1.83 bp | 9.1 bp −$9 | 33.7 bp −$337 | 177.4 bp −$17.7K | 605.9 bp −$303.0K |
| Sell Gate live order book, 20 min ago | 1.82 bp | 28.0 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
CVC 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVC_USDTshort | −0.0090% | 4h | 0.02749 | −0.036% | $215K | $310K | 25x | |
| Binance CVCUSDT | +0.0100% | 4h | 0.02750 | −0.004% | $3.0M | $5.8M | 50x | as long as short |
| Bybit CVCUSDT | +0.0100% | 1h | 0.02735 | −0.545% | $1.7M | $1.6M | 25x | as long as short |
| MEXC CVC_USDTlong | +0.0100% | 4h | 0.02750 | long leg | $654K | $126K | 20x | |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02753 | +0.109% | $1.4M | $432K | 30x | as long as short |
| Bitget CVCUSDT | +0.0100% | 4h | 0.02750 | 0.000% | $453K | $478K | 50x | as long as short |
| BingX CVC-USDT | +0.0100% | 4h | 0.02744 | −0.218% | — | $2.4M | — | as long as short |
| Variational Omni CVC | +0.0100% | 1h | 0.02733 | −0.634% | $1K | $370 | — | as long as short |
Binance CVCUSDT
Bybit CVCUSDT
KuCoin CVCUSDTM
Bitget CVCUSDT
BingX CVC-USDT
Variational Omni CVC