Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against MEXC−0.012%7-day average — · you buy dearer than you sell
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
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC INIT_USDT | 0.08317 | 0.0100 | pay 0.0050% / 4h | 2h 25m | $451K | $212K | 20x |
| Short | Gate INIT_USDT | 0.08316 | 0.0100 | get 0.0100% / 8h | 6h 25m | $84K | $55K | 25x |
Funding 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
- $0
- Price spread: −0.012% → 0.000%
- −$1.2
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$20.2
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 33 min ago; Gate: no order-book sample. 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 MEXC live order book, 33 min ago | 0.60 bp | 9.8 bp −$10 | 78.4 bp −$784 | 254.0 bp −$25.4K | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
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 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_INITUSD | +0.0034% | 1h | 0.08323 | +0.074% | $5K | $17K | 10x | as long as short |
| Hyperliquid INIT | +0.0100% | 1h | 0.08315 | −0.023% | $302K | $232K | 3x | as long as short |
| Aster INITUSDT | +0.0100% | 4h | 0.08289 | −0.339% | $27K | $37K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08319 | +0.020% | $3.4M | $3.7M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08311 | −0.072% | $1.4M | $1.5M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08313 | −0.048% | $137K | $655K | 10x | as long as short |
| Gate INIT_USDTshort | +0.0100% | 8h | 0.08316 | −0.012% | $84K | $55K | 25x | |
| MEXC INIT_USDTlong | +0.0100% | 4h | 0.08317 | long leg | $451K | $212K | 20x | |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08315 | −0.024% | $331K | $54K | 25x | as long as short |
| Bitget INITUSDT | +0.0100% | 4h | 0.08316 | −0.012% | $433K | $303K | 25x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX INIT-USDT | +0.0100% | 4h | 0.08319 | +0.024% | — | $6.6M | — | as long as short |
| Variational Omni INIT | +0.0100% | 4h | 0.08311 | −0.071% | $26K | $23K | — | as long as short |
MEXC INIT_USDT
Gate INIT_USDT
Kraken Futures PF_INITUSD
Hyperliquid INIT
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
OKX INIT-USDT-SWAP
KuCoin INITUSDTM
Bitget INITUSDT
BingX INIT-USDT
Variational Omni INIT