Funding you earn now, next payment 20:00 UTC−0.0532%/8hnext payment −$2.66 per $10,000 · paid last 24h −0.173%
Price spread now: Gate against MEXC−0.149%7-day average −0.184% · you buy dearer than you sell
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1431.430% of the position
Funding, last 7 days−0.335%−$34 on $10k
+Price spread, last 7 days+0.007%+$1 · spread now −0.149%, 7d avg −0.184%
=The price spread pays, funding is against you. Gate is 0.035% dearer against MEXC than usual: you sell high and buy low (spread −0.149% now, against its 7-day average of −0.184%): +$4 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.335% in total) that is about 18 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.335% in total (about -17.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.66 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC B_USDT | 0.2015 | 0.0632 | pay 0.0316% / 4h | 6m 37s | $954K | $376K | 100x |
| Short | Gate B_USDT | 0.2012 | 0.0100 | get 0.0050% / 4h | 6m 37s | $3.4M | $574K | 20x |
Funding 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
- −$111.72
- Price spread: −0.149% → −0.184%
- $3.54
- Slippage, 4 orders
- −$124.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$251.2
- Costs to cover
- 1.430%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 22 min ago; Gate: live order book, 1 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, 22 min ago | 2.48 bp | 7.9 bp −$8 | 45.8 bp −$458 | 222.3 bp −$22.2K | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.48 bp | 77.3 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
B 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BUSDT | +0.0100% | 4h | 0.2013 | −0.089% | $1.8M | $876K | 13x | as long as short |
| Gate B_USDTshort | +0.0100% | 4h | 0.2012 | −0.149% | $3.4M | $574K | 20x | |
| Bitget BUSDT | +0.0248% | 4h | 0.2016 | +0.050% | $2.7M | $216K | 10x | as long as short |
| KuCoin BUSDTM | +0.0356% | 4h | 0.2011 | −0.179% | $1.9M | $69K | 10x | as long as short |
| BingX B-USDT | +0.0590% | 4h | 0.2014 | −0.050% | — | $1.2M | — | as long as short |
| edgeX BUSDC | +0.0605% | 4h | 0.2015 | +0.024% | $3K | $396K | 5x | as long as short |
| Extended B-USD | +0.0632% | 1h | 0.2015 | −0.010% | $15K | $117K | 5x | as long as short |
| MEXC B_USDTlong | +0.0632% | 4h | 0.2015 | long leg | $954K | $376K | 100x | |
| Binance BUSDT | +0.0643% | 4h | 0.2015 | 0.000% | $11.6M | $2.0M | 20x | as long as short |
| BloFin B-USDT | +0.0673% | 4h | 0.2015 | 0.000% | $599K | $40K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1285% | 4h | 0.2016 | +0.031% | $1.9M | $180K | 5x | as long as short |
MEXC B_USDT
Gate B_USDT
Bybit BUSDT
Bitget BUSDT
KuCoin BUSDTM
BingX B-USDT
edgeX BUSDC
Extended B-USD
Binance BUSDT
BloFin B-USDT
Aster BUSDT