Funding you earn now, next payment 12:00 UTC+0.0242%/8h= +26.5% APRnext payment +$1.21 per $10,000 · paid last 24h +0.087%
Price spread now: MEXC against Gate−0.251%7-day average −0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$686as in the Funding arb table
Net, price: spread back to 7d avg − costs−$753as in the Price arb table
costs, in and out, $10k−$7427.419% of the position
Funding, last 7 days+0.563%+$56 on $10k
+Price spread, last 4 days (all we have)+0.321%+$32 · spread now −0.251%, 7d avg −0.137%
=Funding pays, the price is against you. MEXC is 0.114% cheaper against Gate than usual: you would sell low and buy high (spread −0.251% now, against its 7-day average of −0.137%). If the spread goes back, that is −$11 on $10k: about 38 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RED_USDT | 0.1594 | 0.0100 | pay 0.0050% / 4h | 3h 36m | $362K | $95K | 25x |
| Short | MEXC RED_USDT | 0.1590 | 0.0342 | get 0.0171% / 4h | 3h 36m | $526K | $164K | 20x |
Gate RED_USDT
MEXC RED_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
- $50.82
- Price spread: −0.251% → −0.137%
- −$11.37
- Slippage, 4 orders
- −$722.92
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$702.47
- Costs to cover
- 7.419%
- Break-even
- 103.8 days
Slippage from Gate: live order book, 59 min ago; MEXC: live order book, 54 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, 59 min ago | 9.43 bp | 305.9 bp −$306 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 54 min ago | 3.18 bp | 9.1 bp −$9 | 62.7 bp −$627 | 220.6 bp −$22.1K | 455.4 bp −$227.7K |
RED 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster REDUSDT | +0.0100% | 4h | 0.1592 | −0.148% | $28K | $39K | 5x | as long as short |
| Binance REDUSDT | +0.0100% | 4h | 0.1590 | −0.251% | $2.3M | $4.4M | 50x | as long as short |
| Bybit REDUSDT | +0.0100% | 4h | 0.1592 | −0.107% | $1.9M | $2.1M | 25x | as long as short |
| Gate RED_USDTlong | +0.0100% | 4h | 0.1594 | long leg | $362K | $95K | 25x | |
| Bitget REDUSDT | +0.0100% | 4h | 0.1592 | −0.125% | $787K | $373K | 20x | as long as short |
| Variational Omni RED | +0.0100% | 4h | 0.1594 | +0.018% | $27K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1628 | +2.133% | $2K | $868K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1590 | −0.278% | $32 | — | 5x | as long as short |
| BloFin RED-USDT | +0.0112% | 4h | 0.1594 | −0.019% | $221K | $6K | 25x | as long as short |
| MEXC RED_USDTshort | +0.0342% | 4h | 0.1590 | −0.251% | $526K | $164K | 20x |
Aster REDUSDT
Binance REDUSDT
Bybit REDUSDT
Bitget REDUSDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD
BloFin RED-USDT