Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Gate−0.174%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1051.052% of the position
Funding, last 7 days+0.199%+$20 on $10k
+Price spread, last 4 days (all we have)+0.207%+$21 · spread now −0.174%, 7d avg −0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.170% cheaper against Gate than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GMT_USDT | 0.008620 | 0.0100 | pay 0.0100% / 8h | 4h 21m | $152K | $181K | 50x |
| Short | MEXC GMT_USDT | 0.008605 | 0.0100 | get 0.0050% / 4h | 21m 10s | $439K | $210K | 20x |
Gate GMT_USDT
MEXC GMT_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
- $0
- Price spread: −0.174% → −0.004%
- −$17.03
- Slippage, 4 orders
- −$86.19
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$122.22
- Costs to cover
- 1.052%
- Break-even
- never at this rate
Slippage from Gate: live order book, 30 min ago; MEXC: live order book, 20 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 | 11.67 bp | 42.2 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 20 min ago | 1.75 bp | 8.1 bp −$8 | 63.8 bp −$638 | 264.5 bp −$26.5K | doesn't fit |
GMT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1465% | 1h | 0.008619 | −0.013% | $45K | $14K | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0606% | 4h | 0.008600 | −0.232% | $278K | $190K | 50x | as long as short |
| Bybit GMTUSDT | −0.0445% | 8h | 0.008599 | −0.244% | $1.1M | $2.0M | 50x | as long as short |
| OKX GMT-USDT-SWAP | −0.0433% | 4h | 0.008599 | −0.244% | $401K | $1.2M | 20x | as long as short |
| Variational Omni GMT | −0.0141% | 8h | 0.008632 | +0.138% | $4K | $5K | — | as long as short |
| Aster GMTUSDT | −0.0120% | 4h | 0.008601 | −0.225% | $7K | $22K | 10x | as long as short |
| Bitget GMTUSDT | −0.0030% | 4h | 0.008610 | −0.116% | $681K | $666K | 50x | as long as short |
| BingX GMT-USDT | +0.0050% | 4h | 0.008600 | −0.232% | — | $1.3M | — | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008606 | −0.162% | $114K | $153K | 3x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008606 | −0.162% | $2.9M | $5.3M | 50x | as long as short |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Variational Omni GMT
Aster GMTUSDT
Bitget GMTUSDT
BingX GMT-USDT
Hyperliquid GMT
Binance GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate GMT_USDTlong | +0.0100% | 8h | 0.008620 | long leg | $152K | $181K | 50x | |
| MEXC GMT_USDTshort | +0.0100% | 4h | 0.008605 | −0.174% | $439K | $210K | 20x |