Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Gate−0.135%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$280as in the Funding arb table
Net, price: spread back to 7d avg − costs−$285as in the Price arb table
costs, in and out, $10k−$2802.802% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.135%, 7d avg −0.092%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.044% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.092%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate USUAL_USDT | 0.01404 | 0.0100 | pay 0.0100% / 8h | 3h 23m | $949K | $111K | 50x |
| Short | MEXC USUAL_USDT | 0.01402 | 0.0100 | get 0.0050% / 4h | 3h 23m | $6.2M | $255K | 100x |
Gate USUAL_USDT
MEXC USUAL_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
- $0
- Price spread: −0.135% → −0.092%
- −$4.37
- Slippage, 4 orders
- −$261.18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$284.55
- Costs to cover
- 2.802%
- Break-even
- never at this rate
Slippage from Gate: live order book, 28 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, 28 min ago | 7.10 bp | 135.4 bp −$135 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 3.92 bp | 10.7 bp −$11 | 152.9 bp −$1,529 | 761.8 bp −$76.2K | doesn't fit |
USUAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.5000% | 1h | 0.01388 | −1.140% | $6K | $3K | 5.5x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01402 | −0.142% | $406K | $186K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01402 | −0.150% | $2.3M | $3.3M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01404 | −0.014% | $1.1M | $787K | 25x | as long as short |
| Gate USUAL_USDTlong | +0.0100% | 8h | 0.01404 | long leg | $949K | $111K | 50x | |
| MEXC USUAL_USDTshort | +0.0100% | 4h | 0.01402 | −0.135% | $6.2M | $255K | 100x | |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01401 | −0.214% | $258K | $62K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01404 | 0.000% | $830K | $384K | 50x | as long as short |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01404 | −0.021% | — | $1.2M | — | as long as short |
| Variational Omni USUAL | +0.0100% | 4h | 0.01405 | +0.103% | $11K | $1K | — | as long as short |
Injective USUAL/USDC PERP
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
KuCoin USUALUSDTM
Bitget USUALUSDT
BingX USUAL-USDT
Variational Omni USUALShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_USUALUSD | +0.0275% | 1h | 0.01403 | −0.088% | $111K | $21K | 10x | as long as short |
Kraken Futures PF_USUALUSD