Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Gate+0.203%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.203% dearer against Gate than usual: you sell high and buy low, +$20 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate INIT_USDT | 0.08359 | 0.0100 | pay 0.0100% / 8h | 2h 16m | $82K | $46K | 25x |
| Short | MEXC INIT_USDT | 0.08376 | 0.0100 | get 0.0050% / 4h | 2h 16m | $446K | $210K | 20x |
Gate INIT_USDT
MEXC INIT_USDTFunding 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: +0.203% → 0.000%
- $20.34
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $1.34
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Gate: no order-book sample; MEXC: live order book, 19 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 19 min ago | 4.22 bp | 21.6 bp −$22 | 86.3 bp −$863 | 236.2 bp −$23.6K | doesn't fit |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
INIT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid INIT | +0.0100% | 1h | 0.08374 | +0.173% | $312K | $224K | 3x | as long as short |
| Aster INITUSDT | +0.0100% | 4h | 0.08358 | −0.007% | $28K | $39K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08376 | +0.203% | $3.4M | $4.0M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08364 | +0.060% | $1.5M | $1.7M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08368 | +0.108% | $141K | $750K | 10x | as long as short |
| Gate INIT_USDTlong | +0.0100% | 8h | 0.08359 | long leg | $82K | $46K | 25x | |
| MEXC INIT_USDTshort | +0.0100% | 4h | 0.08376 | +0.203% | $446K | $210K | 20x | |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08375 | +0.191% | $324K | $64K | 25x | as long as short |
| Bitget INITUSDT | +0.0100% | 4h | 0.08367 | +0.096% | $430K | $347K | 25x | as long as short |
| BingX INIT-USDT | +0.0100% | 4h | 0.08369 | +0.120% | — | $6.6M | — | as long as short |
Hyperliquid INIT
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
OKX INIT-USDT-SWAP
KuCoin INITUSDTM
Bitget INITUSDT
BingX INIT-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni INIT | +0.0100% | 4h | 0.08321 | −0.454% | $26K | $14K | — | as long as short |
| Kraken Futures PF_INITUSD | +0.0112% | 1h | 0.08372 | +0.152% | $5K | $24K | 10x | as long as short |
| BloFin INIT-USDT | +0.0159% | 4h | 0.08376 | +0.203% | $152K | $110K | 25x | as long as short |
Variational Omni INIT
Kraken Futures PF_INITUSD
BloFin INIT-USDT