Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against BingX−0.043%7-day average −0.110% · you buy dearer than you sell
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$2072.072% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.070%−$7 · spread now −0.043%, 7d avg −0.110%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.067% dearer against BingX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.110%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MEW-USDT | 0.0004652 | 0.0100 | pay 0.0050% / 4h | 1h 57m | — | $24.2M | — |
| Short | Gate MEW_USDT | 0.0004650 | 0.0100 | get 0.0050% / 4h | 1h 57m | $136K | $119K | 50x |
BingX MEW-USDT
Gate MEW_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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: −0.043% → −0.110%
- $6.72
- Slippage, 4 orders
- −$182.18
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$200.46
- Costs to cover
- 2.072%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Gate: live order book, 63 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 BingX live order book, 11 min ago | 6.45 bp | 23.0 bp −$23 | 95.7 bp −$957 | 751.7 bp −$75.2K | doesn't fit |
| Sell Gate live order book, 63 min ago | 7.54 bp | 68.7 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
MEW 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEW/USD [WBTC.b-USDC] | L 0.0000% / S 0.0000% | 1h | 0.0004640 | −0.258% | — | — | 100x | as long as short |
| Injective MEW/USDC PERP | +0.0033% | 1h | 0.0004219 | −9.308% | $46 | $14K | 5.5x | as long as short |
| Binance MEWUSDT | +0.0100% | 4h | 0.0004644 | −0.172% | $1.2M | $2.9M | 50x | as long as short |
| Bybit MEWUSDT | +0.0100% | 4h | 0.0004643 | −0.193% | $1.4M | $1.2M | 25x | as long as short |
| OKX MEW-USDT-SWAP | +0.0100% | 4h | 0.0004640 | −0.258% | $525K | $743K | 20x | as long as short |
| Gate MEW_USDTshort | +0.0100% | 4h | 0.0004650 | −0.043% | $136K | $119K | 50x | |
| MEXC MEW_USDT | +0.0100% | 4h | 0.0004646 | −0.129% | $386K | $173K | 125x | as long as short |
| KuCoin MEWUSDTM | +0.0100% | 4h | 0.0004646 | −0.129% | $336K | $115K | 30x | as long as short |
| Bitget MEWUSDT | +0.0100% | 4h | 0.0004646 | −0.129% | $499K | $371K | 50x | as long as short |
| BingX MEW-USDTlong | +0.0100% | 4h | 0.0004652 | long leg | — | $24.2M | — |
GMX MEW/USD [WBTC.b-USDC]
Injective MEW/USDC PERP
Binance MEWUSDT
Bybit MEWUSDT
OKX MEW-USDT-SWAP
MEXC MEW_USDT
KuCoin MEWUSDTM
Bitget MEWUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MEW | +0.0100% | 4h | 0.0004649 | −0.060% | $82K | $32K | — | as long as short |
| Kraken Futures PF_MEWUSD | +0.1044% | 1h | 0.0004658 | +0.126% | $93K | $107K | 10x | as long as short |
Variational Omni MEW
Kraken Futures PF_MEWUSD