Funding you earn now, next payment 08:00 UTC+0.0182%/8h= +19.9% APRnext payment +$1.82 per $10,000 · paid last 24h +0.039%
Price spread now: Gate against MEXC0.000%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$350.353% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now 0.000%, 7d avg −0.017%
=The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC USDC_USDT | 0.9996 | −0.0100 | get 0.0100% / 8h | 21m 52s | $20.8M | $750K | 200x |
| Short | Gate USDC_USDT | 0.9996 | 0.0082 | get 0.0082% / 8h | 21m 52s | $253K | $36K | 50x |
MEXC USDC_USDT
Gate USDC_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
- $38.22
- Price spread: 0.000% → −0.017%
- $1.69
- Slippage, 4 orders
- −$12.34
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $4.57
- Costs to cover
- 0.353%
- Break-even
- 6.2 days
Slippage from MEXC: live order book, 2 min ago; Gate: live order book, 10 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 | 0.05 bp | 4.1 bp −$4 | 4.1 bp −$41 | 4.2 bp −$416 | 4.7 bp −$2,343 |
| Sell Gate live order book, 10 min ago | 3.50 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
USDC on 8 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 USDCUSDTM | −0.0160% | 8h | 0.9990 | −0.055% | $2.5M | $20K | 30x | as long as short |
| Binance USDCUSDT | −0.0100% | 8h | 0.9996 | −0.001% | $4.8M | $4.4M | 50x | as long as short |
| MEXC USDC_USDTlong | −0.0100% | 8h | 0.9996 | long leg | $20.8M | $750K | 200x | |
| Bitget USDCUSDT | −0.0084% | 8h | 0.9994 | −0.020% | $4.3M | $8K | 50x | as long as short |
| Kraken Futures PF_USDCUSD | −0.0064% | 1h | 0.9998 | +0.015% | $14K | $924 | 50x | as long as short |
| OKX USDC-USDT-SWAP | 0.0000% | 8h | 1.0001 | +0.046% | $1.1M | $40K | 50x | as long as short |
| Gate USDC_USDTshort | +0.0082% | 8h | 0.9996 | 0.000% | $253K | $36K | 50x | |
| Bybit USDCUSDT | +0.0100% | 8h | 1.0001 | +0.050% | $9.5M | $279K | 50x | as long as short |
KuCoin USDCUSDTM
Binance USDCUSDT
Bitget USDCUSDT
Kraken Futures PF_USDCUSD
OKX USDC-USDT-SWAP
Bybit USDCUSDT