Funding you earn now, next payment 08:00 UTC−0.0336%/8h= −36.8% APRnext payment −$1.68 per $10,000 · paid last 24h −0.206%
Price spread now: MEXC against Gate−0.133%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1361.356% of the position
Funding, last 7 days−0.126%−$13 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.133%, 7d avg −0.093%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and MEXC is 0.040% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.093%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.126% in total (about -6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.68 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 RIF_USDT | 0.09009 | 0.0436 | pay 0.0218% / 4h | 1h 54m | $152K | $444K | 20x |
| Short | MEXC RIF_USDT | 0.08997 | 0.0100 | get 0.0050% / 4h | 1h 54m | $9.3M | $79K | 20x |
Gate RIF_USDT
MEXC RIF_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
- −$70.56
- Price spread: −0.133% → −0.093%
- −$4.03
- Slippage, 4 orders
- −$116.58
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$210.16
- Costs to cover
- 1.356%
- Break-even
- never at this rate
Slippage from Gate: live order book, 51 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, 51 min ago | 5.58 bp | 64.7 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.66 bp | 14.3 bp −$14 | 30.7 bp −$307 | 104.2 bp −$10.4K | 320.0 bp −$160.0K |
RIF on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX RIF-USDT | +0.0070% | 4h | 0.09001 | −0.089% | — | $2.3M | — | as long as short |
| Aster RIFUSDT | +0.0100% | 4h | 0.09009 | +0.005% | $76K | $8K | 5x | as long as short |
| Binance RIFUSDT | +0.0100% | 4h | 0.09000 | −0.100% | $2.1M | $3.3M | 50x | as long as short |
| MEXC RIF_USDTshort | +0.0100% | 4h | 0.08997 | −0.133% | $9.3M | $79K | 20x | |
| KuCoin RIFUSDTM | +0.0100% | 4h | 0.09003 | −0.067% | $58K | $37K | 20x | as long as short |
| Gate RIF_USDTlong | +0.0436% | 4h | 0.09009 | long leg | $152K | $444K | 20x |
BingX RIF-USDT
Aster RIFUSDT
Binance RIFUSDT
KuCoin RIFUSDTM