Funding you earn now, next payment 00:00 UTC+0.0720%/8h= +78.8% APRnext payment +$3.60 per $10,000 · paid last 24h +0.078%
Price spread now: MEXC against Gate−0.073%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$770.772% of the position
Funding, last 7 days−0.185%−$19 on $10k
+Price spread, last 4 days (all we have)+0.085%+$9 · spread now −0.073%, 7d avg −0.073%
=The price spread sits at its 7-day average of −0.073%, so right now this pair is about funding alone: +$22 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.185%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.185% in total (about -9.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.60 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 CVC_USDT | 0.02736 | −0.0730 | get 0.0365% / 4h | 1h 18m | $211K | $311K | 25x |
| Short | MEXC CVC_USDT | 0.02734 | −0.0010 | pay 0.0005% / 4h | 1h 18m | $652K | $124K | 20x |
Gate CVC_USDT
MEXC CVC_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
- $151.2
- Price spread: −0.073% → −0.073%
- $0.01
- Slippage, 4 orders
- −$58.21
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $74
- Costs to cover
- 0.772%
- Break-even
- 3.6 days
Slippage from Gate: live order book, 61 min ago; MEXC: live order book, 56 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, 61 min ago | 7.28 bp | 29.4 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 56 min ago | 1.82 bp | 9.7 bp −$10 | 31.9 bp −$319 | 210.2 bp −$21.0K | doesn't fit |
CVC 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVC_USDTlong | −0.0730% | 4h | 0.02736 | long leg | $211K | $311K | 25x | |
| BingX CVC-USDT | −0.0212% | 4h | 0.02728 | −0.292% | — | $2.4M | — | as long as short |
| Bitget CVCUSDT | −0.0208% | 4h | 0.02733 | −0.110% | $464K | $477K | 50x | as long as short |
| Binance CVCUSDT | −0.0011% | 4h | 0.02735 | −0.037% | $2.9M | $5.7M | 50x | as long as short |
| MEXC CVC_USDTshort | −0.0010% | 4h | 0.02734 | −0.073% | $652K | $124K | 20x | |
| Variational Omni CVC | +0.0100% | 1h | 0.02716 | −0.743% | $1K | $370 | — | as long as short |
| Bybit CVCUSDT | +0.0100% | 1h | 0.02716 | −0.731% | $1.7M | $1.4M | 25x | as long as short |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02740 | +0.146% | $1.4M | $391K | 30x | as long as short |
BingX CVC-USDT
Bitget CVCUSDT
Binance CVCUSDT
Variational Omni CVC
Bybit CVCUSDT
KuCoin CVCUSDTM