Funding you earn now, next payment 01:00 UTC+0.0792%/8h= +86.7% APRpaid last 24h +0.732%
Price spread now: MEXC against Gate+0.330%7-day average +2.892% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,493as in the Funding arb table
Net, price: spread back to 7d avg − costs−$922as in the Price arb table
costs, in and out, $10k−$6666.660% of the position
Funding, last 7 days−8.270%−$827 on $10k
+Price spread, last 7 days+0.543%+$54 · spread now +0.330%, 7d avg +2.892%
=Funding pays, the price is against you. MEXC is 2.562% cheaper against Gate than usual: you would sell low and buy high (spread +0.330% now, against its 7-day average of +2.892%). If the spread goes back, that is −$256 on $10k: about 11 days of funding at the current rate (+$24 a day). Mind the row above: over the last 7 days funding on this pair cost −8.270%, 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 | Gate ONE_USDT | 0.004272 | −0.1600 | get 0.1600% / 8h | 7h 55m | $1.7M | $16.3M | 20x |
| Short | MEXC ONE_USDT | 0.004286 | −0.0808 | pay 0.0101% / 1h | 55m 14s | $11.2M | $16.8M | 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
- $166.32
- Price spread: +0.330% → +2.892%
- −$256.21
- Slippage, 4 orders
- −$647.01
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$755.9
- Costs to cover
- 6.660%
- Break-even
- 38.8 days
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 | 4.80 bp | 342.1 bp −$342 | 1771.3 bp −$17.7K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.12 bp | 30.1 bp −$30 | 75.4 bp −$754 | 305.0 bp −$30.5K | doesn't fit |
ONE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ONE | −0.5178% | 1h | 0.004254 | −0.421% | $105K | $56K | — | as long as short |
| Bitget ONEUSDT | −0.3320% | 1h | 0.004293 | +0.496% | $1.9M | $37.3M | 20x | as long as short |
| KuCoin ONEUSDTM | −0.2440% | 1h | 0.004607 | +7.842% | $4.8M | $13.2M | 30x | as long as short |
| Gate ONE_USDTlong | −0.1600% | 8h | 0.004272 | long leg | $1.7M | $16.3M | 20x | |
| Aster ONEUSDT | −0.1460% | 1h | 0.004284 | +0.274% | $2.3M | $8.4M | 5x | as long as short |
| Binance ONEUSDT | −0.0819% | 1h | 0.004292 | +0.461% | $14.4M | $364.8M | 50x | as long as short |
| MEXC ONE_USDTshort | −0.0808% | 1h | 0.004286 | +0.330% | $11.2M | $16.8M | 20x | |
| BloFin ONE-USDT | −0.0727% | 1h | 0.004291 | +0.445% | $803K | $3.2M | 50x | as long as short |
| BingX ONE-USDT | −0.0072% | 1h | 0.004339 | +1.557% | — | $6.6M | — | as long as short |
Gate ONE_USDT
MEXC ONE_USDT
Variational Omni ONE
Bitget ONEUSDT
KuCoin ONEUSDTM
Aster ONEUSDT
Binance ONEUSDT
BloFin ONE-USDT
BingX ONE-USDT