Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against MEXC+0.284%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$256as in the Funding arb table
Net, price: spread back to 7d avg − costs−$237as in the Price arb table
costs, in and out, $10k−$2562.560% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.230%−$23 · spread now +0.284%, 7d avg +0.092%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.192% dearer against MEXC than usual: you sell high and buy low, +$19 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 | MEXC USUAL_USDT | 0.01373 | 0.0100 | pay 0.0050% / 4h | 2h 27m | $6.0M | $268K | 100x |
| Short | Gate USUAL_USDT | 0.01377 | 0.0100 | get 0.0100% / 8h | 2h 27m | $932K | $110K | 50x |
MEXC USUAL_USDT
Gate USUAL_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
- $0
- Price spread: +0.284% → +0.092%
- $19.17
- Slippage, 4 orders
- −$236.97
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$236.79
- Costs to cover
- 2.560%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Gate: live order book, 19 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, 5 min ago | 3.27 bp | 9.9 bp −$10 | 131.8 bp −$1,318 | 891.9 bp −$89.2K | doesn't fit |
| Sell Gate live order book, 19 min ago | 3.59 bp | 115.8 bp −$116 | doesn't fit | doesn't fit | 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 | −0.3949% | 1h | 0.01365 | −0.590% | $6K | $3K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | +0.0086% | 1h | 0.01376 | +0.224% | $109K | $19K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01374 | +0.066% | $391K | $188K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01373 | −0.014% | $2.2M | $3.3M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01376 | +0.182% | $1.0M | $782K | 25x | as long as short |
| Gate USUAL_USDTshort | +0.0100% | 8h | 0.01377 | +0.284% | $932K | $110K | 50x | |
| MEXC USUAL_USDTlong | +0.0100% | 4h | 0.01373 | long leg | $6.0M | $268K | 100x | |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01376 | +0.211% | $253K | $62K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01375 | +0.138% | $797K | $410K | 50x | as long as short |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01376 | +0.189% | — | $1.2M | — | as long as short |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
KuCoin USUALUSDTM
Bitget USUALUSDT
BingX USUAL-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01380 | +0.527% | $10K | $1K | — | as long as short |
Variational Omni USUAL