Funding you earn now, next payment 00:00 UTC+0.0050%/8hnext payment +$0.50 per $10,000 · paid last 24h +0.015%
Price spread now: MEXC against Gate+0.227%7-day average +0.162% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$730.730% of the position
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 7 days+0.072%+$7 · spread now +0.227%, 7d avg +0.162%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.064% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.162%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate OPENAI_USDT | 1,642.1 | 0 | get 0.0000% / 8h | 4h 22m | $53.4M | $54.2M | 50x |
| Short | MEXC OPENAI_USDT | 1,645.8 | 0.0050 | get 0.0050% / 8h | 4h 22m | $13.2M | $3.1M | 50x |
Gate OPENAI_USDT
MEXC OPENAI_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
- $10.5
- Price spread: +0.227% → +0.162%
- $6.44
- Slippage, 4 orders
- −$57.99
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$56.05
- Costs to cover
- 0.730%
- Break-even
- 44.4 days
Slippage from Gate: live order book, 1 min ago; MEXC: 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 Gate live order book, 1 min ago | 3.08 bp | 27.7 bp −$28 | 360.2 bp −$3,602 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 10 min ago | 1.37 bp | 1.8 bp −$2 | 12.2 bp −$122 | doesn't fit | doesn't fit |
OPENAI on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,688.3 | +2.815% | $762K | $216K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,675.4 | +2.029% | $5.2M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDTlong | 0.0000% | 8h | 1,642.1 | long leg | $53.4M | $54.2M | 50x | |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,647.3 | +0.315% | $5.6M | $4.8M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,647.3 | +0.317% | — | $2.6M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,646.2 | +0.252% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,646.4 | +0.264% | $79K | $210K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,645.7 | +0.217% | $1.7M | $590K | 10x | as long as short |
| Lighter OPENAI | +0.0008% | 1h | 1,723.5 | +4.955% | $1.4M | $338K | 5x | as long as short |
| QFEX OPENAI-USD | +0.0011% | 1h | 1,645.5 | +0.210% | $1.2M | $352K | 10x | as long as short |
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter OPENAI
QFEX OPENAI-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPENAI-USDT | +0.0023% | 8h | 1,644.8 | +0.166% | $485K | $282K | 20x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,693.4 | +3.123% | $2.8M | $6.0M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,645.5 | +0.205% | $137K | $655K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,645.6 | +0.213% | $214K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,645.5 | +0.210% | $23.5M | $21.2M | 20x | as long as short |
| MEXC OPENAI_USDTshort | +0.0050% | 8h | 1,645.8 | +0.227% | $13.2M | $3.1M | 50x | |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,650.3 | +0.499% | $375K | $64K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,644.9 | +0.173% | $2.7M | $671K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,645.6 | +0.214% | $2K | $144K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,646.3 | +0.255% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0124% | 1h | 1,691.4 | +3.003% | $7.6M | $1.6M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.2072% | 1h | 1,652.8 | +0.655% | $245K | $100K | 5x | as long as short |
BloFin OPENAI-USDT
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Entropy io:OAI
Coinbase International OPENAI-PERP-INTX