Settings8H · net · $10k
Funding arb · Price arb /

B

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.328%−$33 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC B_USDT0.20150.0632pay 0.0316% / 4h6m 37s$954K$376K100x
ShortGate B_USDT0.20120.0100get 0.0050% / 4h6m 37s$3.4M$574K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 22 min ago2.48 bp7.9 bp −$845.8 bp −$458222.3 bp −$22.2Kdoesn't fit
Sell Gate live order book, 1 min ago2.48 bp77.3 bp −$77doesn't fitdoesn't fitdoesn't fit

B on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BUSDT+0.0100%4h0.2013−0.089%$1.8M$876K13xas long as short
Gate B_USDTshort+0.0100%4h0.2012−0.149%$3.4M$574K20x
Bitget BUSDT+0.0248%4h0.2016+0.050%$2.7M$216K10xas long as short
KuCoin BUSDTM+0.0356%4h0.2011−0.179%$1.9M$69K10xas long as short
BingX B-USDT+0.0590%4h0.2014−0.050%$1.2Mas long as short
edgeX BUSDC+0.0605%4h0.2015+0.024%$3K$396K5xas long as short
Extended B-USD+0.0632%1h0.2015−0.010%$15K$117K5xas long as short
MEXC B_USDTlong+0.0632%4h0.2015long leg$954K$376K100x
Binance BUSDT+0.0643%4h0.20150.000%$11.6M$2.0M20xas long as short
BloFin B-USDT+0.0673%4h0.20150.000%$599K$40K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1285%4h0.2016+0.031%$1.9M$180K5xas long as short