Funding you earn now, next payment 04:00 UTC−0.0620%/8h= −67.9% APRpaid last 24h −0.169%
Price spread now: Gate against MEXC−0.098%7-day average −0.150% · you buy dearer than you sell
Net, funding: paid 7d − costs−$231as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1851.853% of the position
Funding, last 7 days−0.459%−$46 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.098%, 7d avg −0.150%
=The price spread pays, funding is against you. Gate is 0.052% dearer against MEXC than usual: you sell high and buy low (spread −0.098% now, against its 7-day average of −0.150%): +$5 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.459% in total) that is about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC M_USDT | 1.4339 | 0.0720 | pay 0.0360% / 4h | 41m 02s | $240K | $105K | 50x |
| Short | Gate M_USDT | 1.4325 | 0.0100 | get 0.0100% / 8h | 4h 41m | $1.9M | $907K | 10x |
MEXC M_USDT
Gate M_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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
- −$130.2
- Price spread: −0.098% → −0.150%
- $5.24
- Slippage, 4 orders
- −$166.26
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$310.22
- Costs to cover
- 1.853%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 63 min ago; Gate: 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 MEXC live order book, 63 min ago | 2.09 bp | 39.3 bp −$39 | 57.9 bp −$579 | 154.3 bp −$15.4K | doesn't fit |
| Sell Gate live order book, 2 min ago | 9.07 bp | 60.7 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
M 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4349 | +0.070% | $4.5M | $1.8M | 20x | as long as short |
| Gate M_USDTshort | +0.0100% | 8h | 1.4325 | −0.098% | $1.9M | $907K | 10x | |
| Bitget MUSDT | +0.0100% | 4h | 1.4331 | −0.056% | $1.9M | $249K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4340 | +0.006% | $89K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4339 | 0.000% | $2K | $510 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4391 | +0.363% | $2K | $758K | 20x | as long as short |
| Aster MUSDT | +0.0566% | 4h | 1.4352 | +0.093% | $15K | $87K | 5x | as long as short |
| BingX M-USDT | +0.0696% | 4h | 1.4327 | −0.084% | — | $2.4M | — | as long as short |
| BloFin M-USDT | +0.0715% | 4h | 1.4366 | +0.188% | $361K | $441K | 10x | as long as short |
| Binance MUSDT | +0.0719% | 4h | 1.4334 | −0.035% | $5.6M | $3.8M | 10x | as long as short |
Bybit MUSDT
Bitget MUSDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
BingX M-USDT
BloFin M-USDT
Binance MUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC M_USDTlong | +0.0720% | 4h | 1.4339 | long leg | $240K | $105K | 50x | |
| KuCoin MUSDTM | +0.2102% | 4h | 1.4198 | −0.981% | $1.4M | $4.0M | 10x | as long as short |
KuCoin MUSDTM