Funding you earn now, next payment 00:00 UTC−0.0626%/8h= −68.5% APRnext payment −$3.13 per $10,000 · paid last 24h −0.012%
Price spread now: Gate against MEXC+0.013%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1331.326% of the position
Funding, last 7 days−0.132%−$13 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.013%, 7d avg +0.010%
=The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: −$19 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.132% in total (about -6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.13 per $10,000. 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 LA_USDT | 0.07411 | 0.0100 | pay 0.0050% / 4h | 2h 02m | $398K | $139K | 50x |
| Short | Gate LA_USDT | 0.07412 | −0.0526 | pay 0.0263% / 4h | 2h 02m | $251K | $807K | 50x |
MEXC LA_USDT
Gate LA_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
- −$131.46
- Price spread: +0.013% → +0.010%
- $0.32
- Slippage, 4 orders
- −$113.56
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$263.7
- Costs to cover
- 1.326%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 11 min ago; Gate: live order book, 19 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, 11 min ago | 0.67 bp | 8.1 bp −$8 | 29.1 bp −$291 | 346.5 bp −$34.6K | doesn't fit |
| Sell Gate live order book, 19 min ago | 3.37 bp | 72.2 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDTshort | −0.0526% | 4h | 0.07412 | +0.013% | $251K | $807K | 50x | |
| OKX LA-USDT-SWAP | −0.0116% | 4h | 0.07411 | 0.000% | $1.3M | $2.8M | 20x | as long as short |
| BingX LA-USDT | −0.0108% | 4h | 0.07410 | −0.013% | — | $6.5M | — | as long as short |
| KuCoin LAUSDTM | −0.0096% | 4h | 0.07408 | −0.040% | $1.0M | $58K | 30x | as long as short |
| Bitget LAUSDT | −0.0080% | 4h | 0.07410 | −0.013% | $2.0M | $522K | 25x | as long as short |
| BloFin LA-USDT | +0.0062% | 4h | 0.07410 | −0.013% | $250K | $19K | 25x | as long as short |
| Aster LAUSDT | +0.0094% | 4h | 0.07409 | −0.022% | $52K | $8K | 5x | as long as short |
| Binance LAUSDT | +0.0100% | 4h | 0.07412 | +0.013% | $4.7M | $8.3M | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07414 | +0.040% | $2.4M | $2.3M | 25x | as long as short |
| MEXC LA_USDTlong | +0.0100% | 4h | 0.07411 | long leg | $398K | $139K | 50x |
OKX LA-USDT-SWAP
BingX LA-USDT
KuCoin LAUSDTM
Bitget LAUSDT
BloFin LA-USDT
Aster LAUSDT
Binance LAUSDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07406 | −0.062% | $142K | $470K | 10x | as long as short |
GRVT LA_USDT_Perp