M

Alert

Funding spread now, next payment 16:00 UTC+0.0564%/8h

paid, last 24h+0.069%paid, last 7 days+0.347%to open and close $10k−$195

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.347% in total (about 18.1% 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	Gate M_USDT	1.4862	0.0100	pay 0.0100% / 8h	4m 01s	$2.0M	$1.1M	10x
Short	MEXC M_USDT	1.4879	0.0664	get 0.0332% / 4h	4m 01s	$250K	$127K	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee MEXCbpOrdersRate

Funding earned: $118.44
Slippage, 4 orders: −$175.6
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$76.16
Break-even: 11.5 days

Slippage from Gate: live order book, 5 min ago; MEXC: live order book, 27 min ago.

Price risk

price view

Price gap now: +0.114%
Avg gap 7d: +0.145%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 5 min ago	15.48 bp	85.2 bp −$85	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 27 min ago	1.34 bp	33.5 bp −$34	53.9 bp −$539	118.9 bp −$11.9K	doesn't fit

M on 12 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bybit MUSDT	+0.0100%	4h	$4.7M	$2.8M	20x	as long as short
Gate M_USDTlong	+0.0100%	8h	$2.0M	$1.1M	10x
Bitget MUSDT	+0.0100%	4h	$1.9M	$452K	10x	as long as short
Variational Omni M	+0.0100%	4h	$90K	$49K	—	as long as short
Orderly PERP_M_USDC	+0.0100%	4h	$2K	$180	10x	as long as short
SunX M-USDT	+0.0100%	4h	$2K	$480K	20x	as long as short
Aster MUSDT	+0.0500%	4h	$17K	$126K	5x	as long as short
BingX M-USDT	+0.0634%	4h	—	$2.4M	—	as long as short
BloFin M-USDT	+0.0636%	4h	$366K	$498K	10x	as long as short
MEXC M_USDTshort	+0.0664%	4h	$250K	$127K	50x

Show all 12 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Binance MUSDT	+0.0664%	4h	$5.5M	$5.7M	10x	as long as short
KuCoin MUSDTM	+0.2738%	4h	$1.4M	$4.1M	10x	as long as short