Funding arb · Price arb /

H

all H markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Gate+0.189%7-day average +0.129% · you sell dearer than you buy

Net, funding: paid 7d − costs−$282as in the Funding arb table

Net, price: spread back to 7d avg − costs−$301as in the Price arb table

costs, in and out, $10k−$3073.068% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.244%+$24 on $10k

Price spread, last 7 days−0.098%−$10 · spread now +0.189%, 7d avg +0.129%

Together, before fees+0.146%+$15 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.060% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.129%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate H_USDT	0.06879	0.0100	pay 0.0050% / 4h	20m 47s	$2.8M	$1.8M	10x
Short	MEXC H_USDT	0.06892	0.0100	get 0.0050% / 4h	20m 47s	$6.2M	$1.2M	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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee MEXCbpOrdersPrice spread, now +0.189%Rate

Funding earned: $0
Price spread: +0.189% → +0.129%: $5.97
Slippage, 4 orders: −$287.76
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$300.78
Costs to cover: 3.068%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; MEXC: live order book, 2 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, 2 min ago	5.11 bp	86.2 bp −$86	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.73 bp	14.1 bp −$14	60.8 bp −$608	111.6 bp −$11.2K	doesn't fit

H on 14 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
Injective H/USDC PERP	+0.0033%	1h	0.06250	−9.144%	$1K	$1	5.5x	as long as short
Aster HUSDT	+0.0100%	4h	0.06876	−0.050%	$111K	$60K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06894	+0.218%	$14.7M	$10.9M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06876	−0.039%	$7.5M	$5.0M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06898	+0.276%	$1.8M	$6.5M	10x	as long as short
Gate H_USDTlong	+0.0100%	4h	0.06879	long leg	$2.8M	$1.8M	10x
MEXC H_USDTshort	+0.0100%	4h	0.06892	+0.189%	$6.2M	$1.2M	20x
KuCoin HUSDTM	+0.0100%	4h	0.06882	+0.044%	$1.6M	$10.2M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06892	+0.189%	$1.7M	$436K	4x	as long as short
BingX H-USDT	+0.0100%	4h	0.06866	−0.189%	—	$2.8M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni H	+0.0100%	4h	0.06870	−0.127%	$9K	$6K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06862	−0.247%	$1.1M	$468K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06883	+0.054%	$10K	$200K	5x	as long as short
BloFin H-USDT	+0.0106%	4h	0.06851	−0.407%	$595K	$111K	25x	as long as short