Funding you earn now, next payment 04:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.44 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against MEXC0.000%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1231.233% of the position
Funding, last 7 days−0.136%−$14 on $10k
+Price spread, last 4 days (all we have)−0.146%−$15 · spread now 0.000%, 7d avg +0.027%
=Funding pays, the price is against you. Gate is 0.027% cheaper against MEXC than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.027%). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.136%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MANTRA_USDT | 0.004437 | 0.0100 | pay 0.0050% / 4h | 40m 18s | $1.3M | $225K | 50x |
| Short | Gate MANTRA_USDT | 0.004437 | 0.0188 | get 0.0094% / 4h | 40m 18s | $191K | $112K | 50x |
MEXC MANTRA_USDT
Gate MANTRA_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
- $18.48
- Price spread: 0.000% → +0.027%
- −$2.65
- Slippage, 4 orders
- −$104.34
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$107.51
- Costs to cover
- 1.233%
- Break-even
- 47.7 days
Slippage from MEXC: live order book, 1 min ago; Gate: live order book, 11 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, 1 min ago | 1.13 bp | 14.1 bp −$14 | 57.3 bp −$573 | 361.3 bp −$36.1K | doesn't fit |
| Sell Gate live order book, 11 min ago | 7.88 bp | 47.0 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
MANTRA on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MANTRAUSDT | +0.0100% | 4h | 0.004436 | −0.024% | $22K | $16K | 5x | as long as short |
| Binance MANTRAUSDT | +0.0100% | 4h | 0.004431 | −0.144% | $2.0M | $3.6M | 50x | as long as short |
| MEXC MANTRA_USDTlong | +0.0100% | 4h | 0.004437 | long leg | $1.3M | $225K | 50x | |
| KuCoin MANTRAUSDTM | +0.0100% | 4h | 0.004440 | +0.068% | $438K | $201K | 50x | as long as short |
| Bitget MANTRAUSDT | +0.0100% | 4h | 0.004430 | −0.158% | $921K | $414K | 50x | as long as short |
| BingX MANTRA-USDT | +0.0100% | 4h | 0.004434 | −0.068% | — | $1.7M | — | as long as short |
| BloFin MANTRA-USDT | +0.0126% | 4h | 0.004430 | −0.158% | $132K | $24K | 50x | as long as short |
| Gate MANTRA_USDTshort | +0.0188% | 4h | 0.004437 | 0.000% | $191K | $112K | 50x |
Aster MANTRAUSDT
Binance MANTRAUSDT
KuCoin MANTRAUSDTM
Bitget MANTRAUSDT
BingX MANTRA-USDT
BloFin MANTRA-USDT