Funding you earn now, next payment 08:00 UTC−0.0466%/8h= −51.0% APRnext payment −$4.66 per $10,000 · paid last 24h −0.015%
Price spread now: Gate against MEXC−0.183%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1611.610% of the position
Funding, last 7 days−0.150%−$15 on $10k
+Price spread, last 4 days (all we have)+0.232%+$23 · spread now −0.183%, 7d avg −0.092%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Gate is 0.091% cheaper against MEXC than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.092%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.150% in total (about -7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.66 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 CORE_USDT | 0.02190 | 0.0151 | pay 0.0151% / 8h | 5h 35m | $821K | $218K | 100x |
| Short | Gate CORE_USDT | 0.02186 | −0.0315 | pay 0.0315% / 8h | 5h 35m | $159K | $173K | 25x |
MEXC CORE_USDT
Gate CORE_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
- −$97.86
- Price spread: −0.183% → −0.092%
- −$9.05
- Slippage, 4 orders
- −$142.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$267.93
- Costs to cover
- 1.610%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 20 min ago; Gate: live order book, 21 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, 20 min ago | 4.60 bp | 14.4 bp −$14 | 72.1 bp −$721 | 125.7 bp −$12.6K | 227.8 bp −$113.9K |
| Sell Gate live order book, 21 min ago | 9.21 bp | 66.9 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
CORE on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CORE_USDTshort | −0.0315% | 8h | 0.02186 | −0.183% | $159K | $173K | 25x | |
| Variational Omni CORE | −0.0302% | 8h | 0.02182 | −0.362% | $8K | $918 | — | as long as short |
| Bybit COREUSDT | −0.0280% | 8h | 0.02186 | −0.183% | $1.4M | $963K | 20x | as long as short |
| OKX CORE-USDT-SWAP | +0.0100% | 8h | 0.02193 | +0.137% | $1.7M | $4.4M | 20x | as long as short |
| MEXC CORE_USDTlong | +0.0151% | 8h | 0.02190 | long leg | $821K | $218K | 100x | |
| BingX CORE-USDT | +0.0151% | 8h | 0.02191 | +0.046% | — | $1.3M | — | as long as short |
Variational Omni CORE
Bybit COREUSDT
OKX CORE-USDT-SWAP
BingX CORE-USDT