Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.025%
Price spread now: MEXC against Gate−0.024%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$550.553% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 7 days+0.142%+$14 · spread now −0.024%, 7d avg +0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.049% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate OP_USDT | 0.1270 | 0.0100 | pay 0.0100% / 8h | 4h 21m | $2.0M | $1.4M | 50x |
| Short | MEXC OP_USDT | 0.1269 | 0.0100 | get 0.0100% / 8h | 4h 21m | $21.4M | $7.2M | 300x |
Gate OP_USDT
MEXC OP_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
- $0
- Price spread: −0.024% → +0.025%
- −$4.88
- Slippage, 4 orders
- −$40.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$60.14
- Costs to cover
- 0.553%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; MEXC: live order book, 3 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, 1 min ago | 2.36 bp | 25.0 bp −$25 | 62.0 bp −$620 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.39 bp | 2.7 bp −$3 | 11.5 bp −$115 | 63.3 bp −$6,333 | 114.4 bp −$57.2K |
OP on 30 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 OP/USDC PERP | −0.1607% | 1h | 0.1264 | −0.449% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1269 | −0.030% | $13K | — | 100x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1270 | +0.004% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1270 | +0.024% | $42K | $140K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1270 | +0.024% | — | — | 150x | as long as short |
| OKX OP-USDT-SWAP | +0.0050% | 8h | 0.1270 | −0.008% | $6.2M | $28.6M | 50x | as long as short |
| Orderly PERP_OP_USDC | +0.0054% | 8h | 0.1269 | −0.055% | $6K | $45K | 10x | as long as short |
| Variational Omni OP | +0.0060% | 8h | 0.1270 | −0.015% | $224K | $48K | — | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1270 | +0.024% | $279K | $941K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1271 | +0.071% | $3.7M | $2.8M | 5x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
OKX OP-USDT-SWAP
Orderly PERP_OP_USDC
Variational Omni OP
Lighter OP
Hyperliquid OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster OPUSDT | +0.0100% | 8h | 0.1270 | +0.028% | $212K | $219K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1269 | −0.033% | $20.5M | $60.2M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1268 | −0.110% | $18.6M | $24.8M | 75x | as long as short |
| Gate OP_USDTlong | +0.0100% | 8h | 0.1270 | long leg | $2.0M | $1.4M | 50x | |
| MEXC OP_USDTshort | +0.0100% | 8h | 0.1269 | −0.024% | $21.4M | $7.2M | 300x | |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1268 | −0.134% | $2.9M | $6.5M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1270 | +0.024% | $5.9M | $6.4M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1269 | −0.055% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1269 | −0.047% | $123K | $201K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1270 | +0.001% | $4K | $386K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1270 | +0.024% | $318K | $5.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1273 | +0.260% | $44K | $711K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1269 | −0.032% | $205 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1270 | +0.024% | $174K | $226K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1269 | −0.091% | $104K | $394K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1270 | −0.007% | $3K | $1K | 3x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0168% | 1h | 0.1262 | −0.606% | $24K | $63K | 50x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1269 | −0.055% | $1.0M | $280K | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0347% | 1h | 0.1270 | +0.020% | $790K | $544K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0441% | 1h | 0.1269 | −0.018% | $706 | — | 20x | as long as short |
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDC
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
Coinbase International OP-PERP-INTX
BloFin OP-USDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP