Funding you earn now, next payment 00:00 UTC+0.0117%/8h= +12.8% APRnext payment +$1.17 per $10,000 · paid last 24h −0.004%
Price spread now: MEXC against Gate+0.193%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$620.618% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 7 days−0.292%−$29 · spread now +0.193%, 7d avg +0.082%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and MEXC is 0.111% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.082%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPX500_USDT | 7,748.7 | −0.0200 | get 0.0200% / 8h | 1h 46m | $1.7M | $136K | 100x |
| Short | MEXC SPX500_USDT | 7,763.7 | −0.0083 | pay 0.0083% / 8h | 1h 46m | $70.7M | $49.4M | 200x |
Gate SPX500_USDT
MEXC SPX500_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
- $24.57
- Price spread: +0.193% → +0.082%
- $11.1
- Slippage, 4 orders
- −$46.76
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$26.09
- Costs to cover
- 0.618%
- Break-even
- 14.4 days
Slippage from Gate: live order book, 1 min ago; MEXC: live order book, 2 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, 1 min ago | 5.59 bp | 18.6 bp −$19 | 57.8 bp −$578 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.06 bp | 0.4 bp $0 | 0.6 bp −$6 | 2.0 bp −$205 | 81.4 bp −$40.7K |
SPX500 on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SPX500_USDC | −0.0207% | 8h | 7,760 | +0.146% | $361K | $104K | 20x | as long as short |
| Gate SPX500_USDTlong | −0.0200% | 8h | 7,748.7 | long leg | $1.7M | $136K | 100x | |
| MEXC SPX500_USDTshort | −0.0083% | 8h | 7,763.7 | +0.193% | $70.7M | $49.4M | 200x | |
| SunX SPX500-USDT | +0.0050% | 1h | 7,709.6 | −0.505% | $2K | $2.7M | 20x | as long as short |
| HTX SPX500-USDT | +0.0050% | 1h | 7,754.1 | +0.070% | $501K | $221K | 30x | as long as short |
Orderly PERP_SPX500_USDC
SunX SPX500-USDT
HTX SPX500-USDT