Funding you earn now, next payment 08:00 UTC−0.0285%/8h= −31.2% APRpaid last 24h 0.000%
Price spread now: Gate against MEXC0.000%7-day average −0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$810.814% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now 0.000%, 7d avg −0.080%
=The price spread pays, funding is against you. Gate is 0.080% dearer against MEXC than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.080%): +$8 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 22 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.010% in total (about 0.5% a year). A funding rate is set anew for every payment. 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 | MEXC FLOCK_USDT | 0.07489 | 0.0526 | pay 0.0263% / 4h | 1h 04m | $394K | $298K | 100x |
| Short | Gate FLOCK_USDT | 0.07489 | 0.0241 | get 0.0241% / 8h | 1h 04m | $784K | $1.8M | 50x |
MEXC FLOCK_USDT
Gate FLOCK_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
- −$59.85
- Price spread: 0.000% → −0.080%
- $7.96
- Slippage, 4 orders
- −$62.42
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$133.3
- Costs to cover
- 0.814%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 20 min ago; Gate: live order book, 3 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, 20 min ago | 3.38 bp | 11.9 bp −$12 | 38.2 bp −$382 | 158.4 bp −$15.8K | doesn't fit |
| Sell Gate live order book, 3 min ago | 9.33 bp | 32.3 bp −$32 | 75.1 bp −$751 | doesn't fit | doesn't fit |
FLOCK on 11 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 FLOCKUSDT | +0.0100% | 4h | 0.07492 | +0.040% | $3.5M | $13.4M | 20x | as long as short |
| KuCoin FLOCKUSDTM | +0.0100% | 4h | 0.07486 | −0.040% | $1.2M | $824K | 20x | as long as short |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07489 | 0.000% | $1.2M | $2.2M | 20x | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07501 | +0.156% | $174K | $311K | — | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0187% | 4h | 0.07490 | +0.013% | $719K | $14.6M | 20x | as long as short |
| Gate FLOCK_USDTshort | +0.0241% | 8h | 0.07489 | 0.000% | $784K | $1.8M | 50x | |
| BloFin FLOCK-USDT | +0.0470% | 4h | 0.07505 | +0.214% | $271K | $94K | 50x | as long as short |
| BingX FLOCK-USDT | +0.0514% | 4h | 0.07481 | −0.107% | — | $6.8M | — | as long as short |
| MEXC FLOCK_USDTlong | +0.0526% | 4h | 0.07489 | long leg | $394K | $298K | 100x | |
| Binance FLOCKUSDT | +0.0526% | 4h | 0.07491 | +0.025% | $5.9M | $39.9M | 50x | as long as short |
Bybit FLOCKUSDT
KuCoin FLOCKUSDTM
Bitget FLOCKUSDT
Variational Omni FLOCK
OKX FLOCK-USDT-SWAP
BloFin FLOCK-USDT
BingX FLOCK-USDT
Binance FLOCKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.1606% | 4h | 0.07492 | +0.040% | $1.6M | $3.7M | 5x | as long as short |
Aster FLOCKUSDT