Funding you earn now, next payment 04:00 UTC−0.2976%/8h= −325.9% APRpaid last 24h +3.616%
Price spread now: MEXC against Gate+1.416%7-day average +0.835% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$1,841as in the Price arb table
costs, in and out, $10k−$1,89918.990% of the position
Funding, last 5 days (all we have)+3.728%+$373 on $10k
+Price spread, last 4 days (all we have)−0.631%−$63 · spread now +1.416%, 7d avg +0.835%
=The price spread pays, funding is against you. MEXC is 0.581% dearer against Gate than usual: you sell high and buy low (spread +1.416% now, against its 7-day average of +0.835%): +$58 on $10k if it goes back. Holding the pair costs −$89 a day in funding at the current rate, which eats that in about 16 hours. Mind the row above: over the last 5 days funding on this pair paid +3.728%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MUSEBOOK_USDT | 0.0001942 | 0.3232 | pay 0.0404% / 1h | 19m 30s | $236K | $4.0M | 10x |
| Short | MEXC MUSEBOOK_USDT | 0.0001970 | 0.0256 | get 0.0128% / 4h | 19m 30s | $234K | $594K | 20x |
Gate MUSEBOOK_USDT
MEXC MUSEBOOK_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
- −$624.96
- Price spread: +1.416% → +0.835%
- $58.05
- Slippage, 4 orders
- −$1,879.99
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$2,465.89
- Costs to cover
- 18.990%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 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, 4 min ago | 21.69 bp | 256.7 bp −$257 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 11 min ago | 12.94 bp | 807.5 bp −$808 | doesn't fit | doesn't fit | doesn't fit |
MUSEBOOK on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX MUSEBOOK-USDT | +0.0180% | 4h | 0.0001962 | +1.040% | — | $1.5M | — | as long as short |
| MEXC MUSEBOOK_USDTshort | +0.0256% | 4h | 0.0001970 | +1.416% | $234K | $594K | 20x | |
| Gate MUSEBOOK_USDTlong | +0.3232% | 1h | 0.0001942 | long leg | $236K | $4.0M | 10x |
BingX MUSEBOOK-USDT