Funding you earn now, next payment 07:00 UTC−0.0159%/8h= −17.4% APRpaid last 24h +0.428%
Price spread now: MEXC against Gate+0.111%7-day average +2.871% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$614as in the Price arb table
costs, in and out, $10k−$3383.378% of the position
Funding, last 7 days−8.034%−$803 on $10k
+Price spread, last 7 days+1.120%+$112 · spread now +0.111%, 7d avg +2.871%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and MEXC is 2.761% cheaper against Gate than usual: you would sell low and buy high (−$276 if the spread goes back to its 7-day average of +2.871%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ONE_USDT | 0.003883 | −0.0361 | get 0.0361% / 8h | 1h 55m | $1.7M | $14.9M | 20x |
| Short | MEXC ONE_USDT | 0.003887 | −0.0520 | pay 0.0065% / 1h | 55m 35s | $11.0M | $14.6M | 20x |
Funding 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
- −$33.39
- Price spread: +0.111% → +2.871%
- −$276.07
- Slippage, 4 orders
- −$318.83
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$647.3
- Costs to cover
- 3.378%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; MEXC: live order book, 3 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 | 5.21 bp | 185.1 bp −$185 | 1669.5 bp −$16.7K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.13 bp | 13.2 bp −$13 | 74.0 bp −$740 | 285.2 bp −$28.5K | doesn't fit |
ONE on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAP | −5.5261% | 1h | 0.005310 | +36.745% | $6.4M | $231.2M | 10x | as long as short |
| Variational Omni ONE | −0.5185% | 1h | 0.003858 | −0.653% | $95K | $46K | — | as long as short |
| Bitget ONEUSDT | −0.1616% | 1h | 0.003922 | +1.012% | $1.8M | $30.7M | 20x | as long as short |
| BloFin ONE-USDT | −0.1452% | 1h | 0.003845 | −0.979% | $770K | $2.0M | 50x | as long as short |
| Aster ONEUSDT | −0.0966% | 1h | 0.003878 | −0.128% | $2.0M | $5.8M | 5x | as long as short |
| Binance ONEUSDT | −0.0520% | 1h | 0.003885 | +0.049% | $13.3M | $327.2M | 50x | as long as short |
| MEXC ONE_USDTshort | −0.0520% | 1h | 0.003887 | +0.111% | $11.0M | $14.6M | 20x | |
| KuCoin ONEUSDTM | −0.0520% | 1h | 0.004046 | +4.198% | $3.7M | $12.0M | 30x | as long as short |
| Gate ONE_USDTlong | −0.0361% | 8h | 0.003883 | long leg | $1.7M | $14.9M | 20x | |
| BingX ONE-USDT | −0.0048% | 1h | 0.003886 | +0.082% | — | $5.5M | — | as long as short |
Gate ONE_USDT
MEXC ONE_USDT
OKX ONE-USDT-SWAP
Variational Omni ONE
Bitget ONEUSDT
BloFin ONE-USDT
Aster ONEUSDT
Binance ONEUSDT
KuCoin ONEUSDTM
BingX ONE-USDT