Funding you earn now, next payment 00:00 UTC+0.0286%/8h= +31.3% APRnext payment +$1.43 per $10,000 · paid last 24h +0.088%
Price spread now: MEXC against Gate−0.066%7-day average −0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$909as in the Funding arb table
Net, price: spread back to 7d avg − costs−$959as in the Price arb table
costs, in and out, $10k−$9669.656% of the position
Funding, last 7 days+0.563%+$56 on $10k
+Price spread, last 4 days (all we have)−0.119%−$12 · spread now −0.066%, 7d avg −0.137%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and MEXC is 0.070% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.137%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RED_USDT | 0.1504 | 0.0100 | pay 0.0050% / 4h | 1h 25m | $348K | $151K | 25x |
| Short | MEXC RED_USDT | 0.1503 | 0.0386 | get 0.0193% / 4h | 1h 25m | $550K | $172K | 20x |
Funding 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
- $60.06
- Price spread: −0.066% → −0.137%
- $7.02
- Slippage, 4 orders
- −$946.57
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$898.49
- Costs to cover
- 9.656%
- Break-even
- 111.7 days
Slippage from Gate: live order book, 54 min ago; MEXC: live order book, 49 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, 54 min ago | 6.60 bp | 530.2 bp −$530 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 49 min ago | 3.32 bp | 9.4 bp −$9 | 39.4 bp −$394 | 210.0 bp −$21.0K | 508.0 bp −$254.0K |
RED on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RED-USDT | +0.0083% | 4h | 0.1505 | +0.033% | $226K | $5K | 25x | as long as short |
| Aster REDUSDT | +0.0100% | 4h | 0.1505 | +0.080% | $21K | $33K | 5x | as long as short |
| Binance REDUSDT | +0.0100% | 4h | 0.1503 | −0.078% | $2.4M | $3.9M | 50x | as long as short |
| Bybit REDUSDT | +0.0100% | 4h | 0.1501 | −0.173% | $2.2M | $1.7M | 25x | as long as short |
| Gate RED_USDTlong | +0.0100% | 4h | 0.1504 | long leg | $348K | $151K | 25x | |
| Bitget REDUSDT | +0.0100% | 4h | 0.1503 | −0.066% | $720K | $297K | 20x | as long as short |
| Variational Omni RED | +0.0100% | 4h | 0.1503 | −0.089% | $25K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1542 | +2.527% | $2K | $662K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1503 | −0.097% | $30 | — | 5x | as long as short |
| MEXC RED_USDTshort | +0.0386% | 4h | 0.1503 | −0.066% | $550K | $172K | 20x |
Gate RED_USDT
MEXC RED_USDT
BloFin RED-USDT
Aster REDUSDT
Binance REDUSDT
Bybit REDUSDT
Bitget REDUSDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD