Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: MEXC against Gate+0.163%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1731.726% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 4 days (all we have)−0.186%−$19 · spread now +0.163%, 7d avg −0.034%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.198% dearer against Gate than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NIL_USDT | 0.06732 | 0.0100 | pay 0.0050% / 4h | 1h 18m | $429K | $2.1M | 50x |
| Short | MEXC NIL_USDT | 0.06743 | 0.0100 | get 0.0050% / 4h | 1h 18m | $2.4M | $5.3M | 100x |
Gate NIL_USDT
MEXC NIL_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
- $0
- Price spread: +0.163% → −0.034%
- $19.77
- Slippage, 4 orders
- −$153.58
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$152.81
- Costs to cover
- 1.726%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago | 11.88 bp | 34.2 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 14.86 bp | 68.3 bp −$68 | 145.7 bp −$1,457 | 303.7 bp −$30.4K | 566.2 bp −$283.1K |
NIL 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NILUSDT | +0.0100% | 4h | 0.06739 | +0.105% | $20K | $368K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06741 | +0.134% | $5.2M | $81.5M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.06749 | +0.253% | $3.5M | $14.2M | 20x | as long as short |
| Gate NIL_USDTlong | +0.0100% | 4h | 0.06732 | long leg | $429K | $2.1M | 50x | |
| MEXC NIL_USDTshort | +0.0100% | 4h | 0.06743 | +0.163% | $2.4M | $5.3M | 100x | |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06737 | +0.074% | $491K | $715K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.06743 | +0.163% | $1.7M | $9.0M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.06742 | +0.149% | — | $8.6M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.06728 | −0.064% | $50K | $141K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06739 | +0.104% | $16K | $94K | 5x | as long as short |
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
KuCoin NILUSDTM
Bitget NILUSDT
BingX NIL-USDT
Variational Omni NIL
Extended NIL-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0135% | 4h | 0.06716 | −0.238% | $349K | $148K | 50x | as long as short |
| Hyperliquid NIL | +0.1231% | 1h | 0.06760 | +0.416% | $4.0M | $4.6M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL