Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against MEXC+0.022%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$660.665% of the position
Funding, last 7 days+0.477%+$48 on $10k
+Price spread, last 7 days−0.101%−$10 · spread now +0.022%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.026% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PI_USDT | 0.08958 | 0.0100 | pay 0.0050% / 4h | 49m 25s | $9.9M | $1.6M | 125x |
| Short | Gate PI_USDT | 0.08960 | 0.0100 | get 0.0050% / 4h | 49m 25s | $2.6M | $2.6M | 50x |
MEXC PI_USDT
Gate PI_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
- $0
- Price spread: +0.022% → −0.003%
- $2.55
- Slippage, 4 orders
- −$47.46
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$63.9
- Costs to cover
- 0.665%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 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, 2 min ago | 2.23 bp | 6.8 bp −$7 | 39.5 bp −$395 | 146.1 bp −$14.6K | 280.8 bp −$140.4K |
| Sell Gate live order book, 2 min ago | 5.57 bp | 20.7 bp −$21 | 118.1 bp −$1,181 | doesn't fit | doesn't fit |
PI on 6 exchanges
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 PI/USDC PERP | +0.0033% | 1h | 0.09090 | +1.474% | $1 | $75K | 5.5x | as long as short |
| OKX PI-USDT-SWAP | +0.0100% | 4h | 0.08960 | +0.022% | $2.5M | $8.5M | 20x | as long as short |
| Gate PI_USDTshort | +0.0100% | 4h | 0.08960 | +0.022% | $2.6M | $2.6M | 50x | |
| MEXC PI_USDTlong | +0.0100% | 4h | 0.08958 | long leg | $9.9M | $1.6M | 125x | |
| Bitget PIUSDT | +0.0100% | 4h | 0.08960 | +0.022% | $4.9M | $2.4M | 50x | as long as short |
| BingX PI-USDT | +0.0100% | 4h | 0.08944 | −0.156% | — | $6.6M | — | as long as short |
Injective PI/USDC PERP
OKX PI-USDT-SWAP
Bitget PIUSDT
BingX PI-USDT