Funding you earn now, next payment 04:00 UTC+0.0832%/8h= +91.1% APRnext payment +$4.16 per $10,000 · paid last 24h +0.016%
Price spread now: MEXC against Gate−0.123%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$663as in the Funding arb table
Net, price: spread back to 7d avg − costs−$682as in the Price arb table
costs, in and out, $10k−$6766.759% of the position
Funding, last 7 days+0.129%+$13 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.123%, 7d avg −0.065%
=Funding pays, the price is against you. MEXC is 0.057% cheaper against Gate than usual: you would sell low and buy high (spread −0.123% now, against its 7-day average of −0.065%). If the spread goes back, that is −$6 on $10k: about 6 hours of funding at the current rate (+$25 a day). At the pace of the last 7 days (+0.129% in total) that is about 3.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.129% in total (about 6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.16 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 JST_USDT | 0.1139 | −0.0732 | get 0.0366% / 4h | 3h 55m | $171K | $62K | 25x |
| Short | MEXC JST_USDT | 0.1138 | 0.0100 | get 0.0050% / 4h | 3h 55m | $881K | $254K | 50x |
Gate JST_USDT
MEXC JST_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
- $174.72
- Price spread: −0.123% → −0.065%
- −$5.74
- Slippage, 4 orders
- −$656.93
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$506.95
- Costs to cover
- 6.759%
- Break-even
- 27.3 days
Slippage from Gate: live order book, 11 min ago; MEXC: live order book, 11 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, 11 min ago | 10.04 bp | 253.2 bp −$253 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 11 min ago | 0.44 bp | 9.3 bp −$9 | 56.2 bp −$562 | 112.9 bp −$11.3K | doesn't fit |
JST on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX JST-USDT | −0.0756% | 4h | 0.1137 | −0.258% | $434K | $1.3M | 20x | as long as short |
| Gate JST_USDTlong | −0.0732% | 4h | 0.1139 | long leg | $171K | $62K | 25x | |
| BingX JST-USDT | +0.0036% | 4h | 0.1139 | −0.061% | — | $2.3M | — | as long as short |
| Binance JSTUSDT | +0.0100% | 4h | 0.1138 | −0.105% | $6.6M | $8.7M | 75x | as long as short |
| Bybit JSTUSDT | +0.0100% | 8h | 0.1139 | −0.070% | $1.8M | $1.1M | 75x | as long as short |
| MEXC JST_USDTshort | +0.0100% | 4h | 0.1138 | −0.123% | $881K | $254K | 50x | |
| Bitget JSTUSDT | +0.0100% | 4h | 0.1139 | −0.061% | $2.0M | $506K | 75x | as long as short |
| Variational Omni JST | +0.0100% | 8h | 0.1141 | +0.166% | $51K | $77K | — | as long as short |
| HTX JST-USDT | +0.0100% | 4h | 0.1139 | −0.050% | $989K | $64K | 75x | as long as short |
SunX JST-USDT
BingX JST-USDT
Binance JSTUSDT
Bybit JSTUSDT
Bitget JSTUSDT
Variational Omni JST
HTX JST-USDT