Funding you earn now, next payment 04:00 UTC−0.1682%/8h= −184.2% APRnext payment −$8.41 per $10,000 · paid last 24h −0.240%
Price spread now: MEXC against Gate+0.057%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1371.366% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 4 days (all we have)+0.608%+$61 · spread now +0.057%, 7d avg +0.100%
=Both sides work against this trade now: funding costs −$50 a day on $10k at the current rate, and MEXC is 0.043% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.100%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.015% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.41 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 | Gate B2_USDT | 0.5218 | 0.2370 | pay 0.1185% / 4h | 1h 31m | $933K | $361K | 20x |
| Short | MEXC B2_USDT | 0.5221 | 0.0688 | get 0.0344% / 4h | 1h 31m | $605K | $425K | 100x |
Gate B2_USDT
MEXC B2_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
- −$353.22
- Price spread: +0.057% → +0.100%
- −$4.28
- Slippage, 4 orders
- −$113.57
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$494.08
- Costs to cover
- 1.366%
- Break-even
- never at this rate
Slippage from Gate: live order book, 30 min ago; MEXC: live order book, 23 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, 30 min ago | 11.10 bp | 52.1 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 23 min ago | 3.04 bp | 17.9 bp −$18 | 86.0 bp −$860 | 230.6 bp −$23.1K | doesn't fit |
B2 on 9 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 B2USDT | +0.0100% | 4h | 0.5200 | −0.345% | $1.6M | $2.2M | 20x | as long as short |
| Bitget B2USDT | +0.0512% | 4h | 0.5209 | −0.172% | $2.9M | $1.1M | 50x | as long as short |
| BingX B2-USDT | +0.0664% | 4h | 0.5206 | −0.230% | — | $1.4M | — | as long as short |
| Binance B2USDT | +0.0682% | 4h | 0.5201 | −0.326% | $8.4M | $10.6M | 50x | as long as short |
| MEXC B2_USDTshort | +0.0688% | 4h | 0.5221 | +0.057% | $605K | $425K | 100x | |
| Variational Omni B2 | +0.0697% | 4h | 0.5101 | −2.252% | $14K | $2K | — | as long as short |
| Aster B2USDT | +0.1065% | 4h | 0.5205 | −0.249% | $162K | $165K | 5x | as long as short |
| KuCoin B2USDTM | +0.1180% | 4h | 0.5203 | −0.287% | $1.1M | $304K | 50x | as long as short |
| Gate B2_USDTlong | +0.2370% | 4h | 0.5218 | long leg | $933K | $361K | 20x |
Bybit B2USDT
Bitget B2USDT
BingX B2-USDT
Binance B2USDT
Variational Omni B2
Aster B2USDT
KuCoin B2USDTM