Funding you earn now, next payment 00:00 UTC+0.0704%/8h= +77.1% APRnext payment +$3.52 per $10,000 · paid last 24h +0.116%
Price spread now: Gate against MEXC+0.011%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1351.351% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now +0.011%, 7d avg +0.100%
=Funding pays, the price is against you. Gate is 0.089% cheaper against MEXC than usual: you would sell low and buy high (spread +0.011% now, against its 7-day average of +0.100%). If the spread goes back, that is −$9 on $10k: about 10 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.012% in total) that is about 52 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.012% in total (about 0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.52 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 | MEXC RIF_USDT | 0.08770 | 0.0100 | pay 0.0050% / 4h | 45m 59s | $9.0M | $64K | 20x |
| Short | Gate RIF_USDT | 0.08771 | 0.0804 | get 0.0402% / 4h | 45m 59s | $150K | $390K | 20x |
MEXC RIF_USDT
Gate RIF_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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
- $147.84
- Price spread: +0.011% → +0.100%
- −$8.88
- Slippage, 4 orders
- −$116.08
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $3.88
- Costs to cover
- 1.351%
- Break-even
- 6.8 days
Slippage from MEXC: live order book, 2 min ago; Gate: live order book, 29 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 MEXC live order book, 2 min ago | 0.57 bp | 13.9 bp −$14 | 36.6 bp −$366 | 109.4 bp −$10.9K | 339.7 bp −$169.8K |
| Sell Gate live order book, 29 min ago | 7.41 bp | 43.0 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.08772 | +0.023% | — | $2.3M | — | as long as short |
| Aster RIFUSDT | +0.0100% | 4h | 0.08777 | +0.082% | $73K | $9K | 5x | as long as short |
| Binance RIFUSDT | +0.0100% | 4h | 0.08771 | +0.011% | $2.1M | $2.9M | 50x | as long as short |
| MEXC RIF_USDTlong | +0.0100% | 4h | 0.08770 | long leg | $9.0M | $64K | 20x | |
| KuCoin RIFUSDTM | +0.0100% | 4h | 0.08770 | 0.000% | $62K | $37K | 20x | as long as short |
| Gate RIF_USDTshort | +0.0804% | 4h | 0.08771 | +0.011% | $150K | $390K | 20x |
BingX RIF-USDT
Aster RIFUSDT
Binance RIFUSDT
KuCoin RIFUSDTM