Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against MEXC−0.141%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1171.170% of the position
Funding, last 7 days−0.201%−$20 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.141%, 7d avg −0.073%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.068% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CP_USDT | 0.01418 | 0.0100 | pay 0.0050% / 4h | 21m 21s | $1.5M | $358K | 20x |
| Short | Gate CP_USDT | 0.01416 | 0.0100 | get 0.0050% / 4h | 21m 21s | $623K | $566K | 20x |
MEXC CP_USDT
Gate CP_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
- $0
- Price spread: −0.141% → −0.073%
- −$6.8
- Slippage, 4 orders
- −$97.95
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$123.75
- Costs to cover
- 1.170%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Gate: live order book, 35 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, 5 min ago | 3.53 bp | 11.2 bp −$11 | 67.0 bp −$670 | 423.2 bp −$42.3K | doesn't fit |
| Sell Gate live order book, 35 min ago | 7.16 bp | 49.3 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
CP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDT | +0.0070% | 4h | 0.01419 | +0.071% | — | $1.0M | — | as long as short |
| Bybit CPUSDT | +0.0100% | 4h | 0.01420 | +0.141% | $1.4M | $2.8M | 20x | as long as short |
| Gate CP_USDTshort | +0.0100% | 4h | 0.01416 | −0.141% | $623K | $566K | 20x | |
| MEXC CP_USDTlong | +0.0100% | 4h | 0.01418 | long leg | $1.5M | $358K | 20x | |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01416 | −0.141% | $200K | $892K | 20x | as long as short |
| Bitget CPUSDT | +0.0100% | 4h | 0.01420 | +0.120% | $854K | $1.6M | 20x | as long as short |
| OKX CP-USDT-SWAP | +0.0107% | 4h | 0.01419 | +0.071% | $4.0M | $11.8M | 20x | as long as short |
| BloFin CP-USDT | +0.0114% | 4h | 0.01414 | −0.282% | $431 | $42K | 20x | as long as short |
BingX CP-USDT
Bybit CPUSDT
KuCoin CPUSDTM
Bitget CPUSDT
OKX CP-USDT-SWAP
BloFin CP-USDT