Funding you earn now, next payment 12:00 UTC+0.1264%/8h= +138.4% APRnext payment +$6.32 per $10,000 · paid last 24h +0.268%
Price spread now: Gate against MEXC+0.089%7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1791.792% of the position
Funding, last 7 days+0.571%+$57 on $10k
+Price spread, last 7 days+0.087%+$9 · spread now +0.089%, 7d avg +0.126%
=Funding pays, the price is against you. Gate is 0.037% cheaper against MEXC than usual: you would sell low and buy high (spread +0.089% now, against its 7-day average of +0.126%). If the spread goes back, that is −$4 on $10k: about 2 hours of funding at the current rate (+$38 a day). At the pace of the last 7 days (+0.571% in total) that is about 11 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.571% in total (about 29.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.32 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 | MEXC MUBARAK_USDT | 0.05603 | 0.0816 | pay 0.0408% / 4h | 3h 27m | $1.9M | $3.0M | 50x |
| Short | Gate MUBARAK_USDT | 0.05608 | 0.2080 | get 0.1040% / 4h | 3h 27m | $9.6M | $14.5M | 50x |
MEXC MUBARAK_USDT
Gate MUBARAK_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
- $265.44
- Price spread: +0.089% → +0.126%
- −$3.71
- Slippage, 4 orders
- −$160.16
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $82.57
- Costs to cover
- 1.792%
- Break-even
- 4.8 days
Slippage from MEXC: live order book, 4 min ago; Gate: live order book, 1 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, 4 min ago | 24.07 bp | 51.4 bp −$51 | 93.1 bp −$931 | 241.7 bp −$24.2K | 544.6 bp −$272.3K |
| Sell Gate live order book, 1 min ago | 6.25 bp | 26.3 bp −$26 | 301.3 bp −$3,013 | doesn't fit | doesn't fit |
MUBARAK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUBARAKUSDT | +0.0732% | 4h | 0.05604 | +0.018% | $3.9M | $22.2M | 25x | as long as short |
| Aster MUBARAKUSDT | +0.0747% | 4h | 0.05596 | −0.128% | $48K | $1.0M | 5x | as long as short |
| MEXC MUBARAK_USDTlong | +0.0816% | 4h | 0.05603 | long leg | $1.9M | $3.0M | 50x | |
| Binance MUBARAKUSDT | +0.0816% | 4h | 0.05601 | −0.038% | $25.6M | $241.1M | 25x | as long as short |
| OKX MUBARAK-USDT-SWAP | +0.0920% | 4h | 0.05607 | +0.064% | $4.6M | $133.4M | 20x | as long as short |
| KuCoin MUBARAKUSDTM | +0.1196% | 4h | 0.05597 | −0.107% | $3.1M | $3.8M | 30x | as long as short |
| Kraken Futures PF_MUBARAKUSD | +0.1389% | 1h | 0.05573 | −0.527% | $89K | $848K | 10x | as long as short |
| Variational Omni MUBARAK | +0.1541% | 4h | 0.05615 | +0.218% | $14K | $76K | — | as long as short |
| BingX MUBARAK-USDT | +0.1692% | 4h | 0.05601 | −0.036% | — | $4.9M | — | as long as short |
| Bybit MUBARAKUSDT | +0.1768% | 4h | 0.05606 | +0.055% | $5.4M | $33.7M | 25x | as long as short |
Bitget MUBARAKUSDT
Aster MUBARAKUSDT
Binance MUBARAKUSDT
OKX MUBARAK-USDT-SWAP
KuCoin MUBARAKUSDTM
Kraken Futures PF_MUBARAKUSD
Variational Omni MUBARAK
BingX MUBARAK-USDT
Bybit MUBARAKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDTshort | +0.2080% | 4h | 0.05608 | +0.089% | $9.6M | $14.5M | 50x |