Funding you earn now, next payment 04:00 UTC−0.0474%/8h= −51.9% APRnext payment −$2.37 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate+0.163%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$541as in the Funding arb table
Net, price: spread back to 7d avg − costs−$518as in the Price arb table
costs, in and out, $10k−$5365.356% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 4 days (all we have)−0.222%−$22 · spread now +0.163%, 7d avg −0.014%
=The price spread pays, funding is against you. MEXC is 0.177% dearer against Gate than usual: you sell high and buy low (spread +0.163% now, against its 7-day average of −0.014%): +$18 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 30 hours. At the pace of the last 7 days (−0.059% in total) that is about 21 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.059% in total (about -3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.37 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 EPIC_USDT | 0.6132 | 0.0574 | pay 0.0287% / 4h | 1h 57m | $530K | $1.5M | 25x |
| Short | MEXC EPIC_USDT | 0.6142 | 0.0100 | get 0.0050% / 4h | 1h 57m | $258K | $302K | 20x |
Funding 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
- −$99.54
- Price spread: +0.163% → −0.014%
- $17.71
- Slippage, 4 orders
- −$516.55
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$617.38
- Costs to cover
- 5.356%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; MEXC: live order book, 52 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, 5 min ago | 11.45 bp | 174.9 bp −$175 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 52 min ago | 2.48 bp | 23.9 bp −$24 | 100.7 bp −$1,007 | 263.2 bp −$26.3K | 583.6 bp −$291.8K |
EPIC 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX EPIC-USDT | +0.0070% | 4h | 0.6141 | +0.147% | — | $2.5M | — | as long as short |
| Binance EPICUSDT | +0.0100% | 4h | 0.6147 | +0.242% | $6.2M | $23.8M | 20x | as long as short |
| Bybit EPICUSDT | +0.0100% | 4h | 0.6149 | +0.277% | $1.2M | $5.0M | 25x | as long as short |
| MEXC EPIC_USDTshort | +0.0100% | 4h | 0.6142 | +0.163% | $258K | $302K | 20x | |
| Bitget EPICUSDT | +0.0112% | 4h | 0.6155 | +0.375% | $5.4M | $3.3M | 10x | as long as short |
| Gate EPIC_USDTlong | +0.0574% | 4h | 0.6132 | long leg | $530K | $1.5M | 25x |
Gate EPIC_USDT
MEXC EPIC_USDT
BingX EPIC-USDT
Binance EPICUSDT
Bybit EPICUSDT
Bitget EPICUSDT