Funding you earn now, next payment 08:00 UTC−0.0590%/8h= −64.6% APRpaid last 24h −0.178%
Price spread now: Gate against MEXC−0.037%7-day average −0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1851.849% of the position
Funding, last 7 days−0.481%−$48 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now −0.037%, 7d avg −0.148%
=The price spread pays, funding is against you. Gate is 0.111% dearer against MEXC than usual: you sell high and buy low (spread −0.037% now, against its 7-day average of −0.148%): +$11 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.481% in total) that is about 39 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC M_USDT | 1.3527 | 0.0690 | pay 0.0345% / 4h | 20m 12s | $233K | $109K | 50x |
| Short | Gate M_USDT | 1.3522 | 0.0100 | get 0.0100% / 8h | 20m 12s | $1.8M | $910K | 10x |
MEXC M_USDT
Gate M_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
- −$123.9
- Price spread: −0.037% → −0.148%
- $11.13
- Slippage, 4 orders
- −$165.89
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$297.66
- Costs to cover
- 1.849%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 64 min ago; Gate: live order book, 2 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, 64 min ago | 1.10 bp | 34.5 bp −$34 | 50.7 bp −$507 | 112.2 bp −$11.2K | 456.2 bp −$228.1K |
| Sell Gate live order book, 2 min ago | 14.04 bp | 59.5 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
M 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate M_USDTshort | +0.0100% | 8h | 1.3522 | −0.037% | $1.8M | $910K | 10x | |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.3534 | +0.052% | $2K | $510 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.3543 | +0.118% | $2K | $878K | 20x | as long as short |
| Bybit MUSDT | +0.0126% | 4h | 1.3531 | +0.030% | $4.2M | $1.7M | 20x | as long as short |
| Aster MUSDT | +0.0387% | 4h | 1.3535 | +0.057% | $12K | $83K | 5x | as long as short |
| BloFin M-USDT | +0.0644% | 4h | 1.3531 | +0.030% | $346K | $444K | 10x | as long as short |
| Binance MUSDT | +0.0685% | 4h | 1.3527 | 0.000% | $5.4M | $3.9M | 10x | as long as short |
| MEXC M_USDTlong | +0.0690% | 4h | 1.3527 | long leg | $233K | $109K | 50x | |
| Variational Omni M | +0.1025% | 4h | 1.3550 | +0.167% | $91K | $49K | — | as long as short |
| BingX M-USDT | +0.1210% | 4h | 1.3521 | −0.044% | — | $2.4M | — | as long as short |
Orderly PERP_M_USDC
SunX M-USDT
Bybit MUSDT
Aster MUSDT
BloFin M-USDT
Binance MUSDT
Variational Omni M
BingX M-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUSDT | +0.1268% | 4h | 1.3531 | +0.030% | $1.8M | $251K | 10x | as long as short |
| KuCoin MUSDTM | +0.2300% | 4h | 1.3392 | −0.996% | $1.3M | $3.7M | 10x | as long as short |
Bitget MUSDT
KuCoin MUSDTM