Funding you earn now, next payment 04:00 UTC−0.1130%/8h= −123.7% APRnext payment −$5.65 per $10,000 · paid last 24h −0.150%
Price spread now: MEXC against Gate+0.085%7-day average −0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$216as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1731.730% of the position
Funding, last 7 days−0.429%−$43 on $10k
+Price spread, last 7 days−0.103%−$10 · spread now +0.085%, 7d avg −0.122%
=The price spread pays, funding is against you. MEXC is 0.207% dearer against Gate than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of −0.122%): +$21 on $10k if it goes back. Holding the pair costs −$34 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.429% in total) that is about 3.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.429% in total (about -22.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.65 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 | Gate MUBARAK_USDT | 0.04696 | 0.1306 | pay 0.0653% / 4h | 15m 43s | $7.5M | $5.5M | 50x |
| Short | MEXC MUBARAK_USDT | 0.04700 | 0.0176 | get 0.0088% / 4h | 15m 43s | $938K | $1.5M | 50x |
Gate MUBARAK_USDT
MEXC MUBARAK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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
- −$237.3
- Price spread: +0.085% → −0.122%
- $20.73
- Slippage, 4 orders
- −$153.97
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$389.54
- Costs to cover
- 1.730%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; MEXC: live order book, 1 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 Gate live order book, 3 min ago | 5.32 bp | 31.2 bp −$31 | 474.7 bp −$4,747 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 19.14 bp | 60.6 bp −$61 | 102.0 bp −$1,020 | 239.8 bp −$24.0K | 447.0 bp −$223.5K |
MUBARAK 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUBARAKUSDT | +0.0100% | 4h | 0.04720 | +0.522% | $3.5M | $11.7M | 25x | as long as short |
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04722 | +0.562% | $2.9M | $60.6M | 20x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04698 | +0.053% | $12K | $56K | — | as long as short |
| Binance MUBARAKUSDT | +0.0174% | 4h | 0.04719 | +0.484% | $17.9M | $96.0M | 25x | as long as short |
| MEXC MUBARAK_USDTshort | +0.0176% | 4h | 0.04700 | +0.085% | $938K | $1.5M | 50x | |
| KuCoin MUBARAKUSDTM | +0.0362% | 4h | 0.04700 | +0.085% | $1.7M | $1.2M | 30x | as long as short |
| BingX MUBARAK-USDT | +0.0396% | 4h | 0.04702 | +0.128% | — | $3.2M | — | as long as short |
| Bitget MUBARAKUSDT | +0.0424% | 4h | 0.04703 | +0.149% | $3.0M | $7.8M | 25x | as long as short |
| Aster MUBARAKUSDT | +0.0453% | 4h | 0.04692 | −0.090% | $13K | $466K | 5x | as long as short |
| Gate MUBARAK_USDTlong | +0.1306% | 4h | 0.04696 | long leg | $7.5M | $5.5M | 50x |
Bybit MUBARAKUSDT
OKX MUBARAK-USDT-SWAP
Variational Omni MUBARAK
Binance MUBARAKUSDT
KuCoin MUBARAKUSDTM
BingX MUBARAK-USDT
Bitget MUBARAKUSDT
Aster MUBARAKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSD | +0.4222% | 1h | 0.04679 | −0.361% | $58K | $450K | 10x | as long as short |
Kraken Futures PF_MUBARAKUSD