Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.068%
Price spread now: MEXC against Gate−0.213%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$950.947% of the position
Funding, last 7 days−0.136%−$14 on $10k
+Price spread, last 4 days (all we have)+0.135%+$13 · spread now −0.213%, 7d avg −0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.194% cheaper against Gate than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ID_USDT | 0.03751 | 0.0100 | pay 0.0050% / 4h | 1h 13m | $252K | $238K | 25x |
| Short | MEXC ID_USDT | 0.03743 | 0.0100 | get 0.0050% / 4h | 1h 13m | $430K | $159K | 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
- $0
- Price spread: −0.213% → −0.019%
- −$19.42
- Slippage, 4 orders
- −$75.7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$114.12
- Costs to cover
- 0.947%
- Break-even
- never at this rate
Slippage from Gate: live order book, 63 min ago; MEXC: live order book, 60 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, 63 min ago | 5.35 bp | 39.7 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 60 min ago | 1.33 bp | 5.5 bp −$6 | 39.7 bp −$397 | 120.6 bp −$12.1K | 208.4 bp −$104.2K |
ID 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ID-USDT | +0.0099% | 4h | 0.03744 | −0.187% | $161K | $12K | 50x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03751 | +0.008% | $9K | $135 | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03744 | −0.184% | $2.4M | $3.4M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03747 | −0.107% | $1.4M | $1.0M | 25x | as long as short |
| Gate ID_USDTlong | +0.0100% | 4h | 0.03751 | long leg | $252K | $238K | 25x | |
| MEXC ID_USDTshort | +0.0100% | 4h | 0.03743 | −0.213% | $430K | $159K | 20x | |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03751 | 0.000% | $1.1M | $63K | 30x | as long as short |
| Bitget IDUSDT | +0.0100% | 4h | 0.03748 | −0.080% | $772K | $568K | 50x | as long as short |
| BingX ID-USDT | +0.0100% | 4h | 0.03745 | −0.160% | — | $2.3M | — | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03744 | −0.186% | $12K | $20K | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0408% | 1h | 0.03747 | −0.107% | $4K | $2K | 10x | as long as short |
Gate ID_USDT
MEXC ID_USDT
BloFin ID-USDT
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
KuCoin IDUSDTM
Bitget IDUSDT
BingX ID-USDT
Variational Omni ID
Kraken Futures PF_IDUSD