Funding you earn now, next payment 12:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.31 per $10,000 · paid last 24h +0.120%
Price spread now: MEXC against Gate+0.163%7-day average +0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1961.959% of the position
Funding, last 7 days+0.369%+$37 on $10k
+Price spread, last 7 days+0.040%+$4 · spread now +0.163%, 7d avg +0.133%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.029% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.133%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate US_USDT | 0.01538 | 0.0100 | pay 0.0050% / 4h | 2h 59m | $1.9M | $652K | 20x |
| Short | MEXC US_USDT | 0.01540 | 0.0162 | get 0.0081% / 4h | 2h 59m | $5.2M | $116K | 100x |
Gate US_USDT
MEXC US_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
- $13.02
- Price spread: +0.163% → +0.133%
- $2.92
- Slippage, 4 orders
- −$176.92
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$179.98
- Costs to cover
- 1.959%
- Break-even
- 103.8 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 | 14.31 bp | 74.6 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 3.25 bp | 22.7 bp −$23 | 57.8 bp −$578 | 374.9 bp −$37.5K | doesn't fit |
US on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTM | −0.2326% | 4h | 0.01537 | −0.059% | $3.5M | $575K | 20x | as long as short |
| Aster USUSDT | +0.0100% | 4h | 0.01540 | +0.121% | $14K | $52K | 5x | as long as short |
| Bybit USUSDT | +0.0100% | 4h | 0.01540 | +0.137% | $3.1M | $989K | 20x | as long as short |
| Gate US_USDTlong | +0.0100% | 4h | 0.01538 | long leg | $1.9M | $652K | 20x | |
| Bitget USUSDT | +0.0100% | 4h | 0.01541 | +0.228% | $4.1M | $292K | 10x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01543 | +0.313% | $15K | $4K | — | as long as short |
| Extended US-USD | +0.0160% | 1h | 0.01540 | +0.128% | $3K | $204K | 5x | as long as short |
| MEXC US_USDTshort | +0.0162% | 4h | 0.01540 | +0.163% | $5.2M | $116K | 100x | |
| Binance USUSDT | +0.0163% | 4h | 0.01540 | +0.124% | $8.6M | $3.5M | 10x | as long as short |
| BingX US-USDT | +0.0196% | 4h | 0.01541 | +0.195% | — | $1.3M | — | as long as short |
KuCoin USUSDTM
Aster USUSDT
Bybit USUSDT
Bitget USUSDT
Variational Omni US
Extended US-USD
Binance USUSDT
BingX US-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin US-USDT | +0.0224% | 4h | 0.01544 | +0.371% | $461K | $45K | 10x | as long as short |
BloFin US-USDT