RED

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0254%/8h= −27.8% APRnext payment −$1.27 per $10,000 · paid last 24h −0.088%

Price spread now: Gate against MEXC+0.066%7-day average +0.137% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,022as in the Funding arb table

Net, price: spread back to 7d avg − costs−$972as in the Price arb table

costs, in and out, $10k−$9659.654% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.563%−$56 on $10k

Price spread, last 4 days (all we have)+0.109%+$11 · spread now +0.066%, 7d avg +0.137%

Together, before fees−0.454%−$45 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Gate is 0.070% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.137%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC RED_USDT	0.1508	0.0354	pay 0.0177% / 4h	2h 14m	$552K	$173K	20x
Short	Gate RED_USDT	0.1509	0.0100	get 0.0050% / 4h	2h 14m	$349K	$152K	25x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee GatebpOrdersPrice spread, now +0.066%Rate

Funding earned: −$53.34
Price spread: +0.066% → +0.137%: −$7.04
Slippage, 4 orders: −$946.4
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,025.78
Costs to cover: 9.654%
Break-even: never at this rate

Slippage from MEXC: live order book, 69 min ago; Gate: live order book, 6 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, 69 min ago	3.33 bp	9.7 bp −$10	33.3 bp −$333	200.9 bp −$20.1K	451.5 bp −$225.8K
Sell Gate live order book, 6 min ago	6.60 bp	415.9 bp −$416	doesn't fit	doesn't fit	doesn't fit

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	+0.0098%	4h	0.1508	0.000%	$225K	$3K	25x	as long as short
Aster REDUSDT	+0.0100%	4h	0.1508	−0.007%	$21K	$33K	5x	as long as short
Binance REDUSDT	+0.0100%	4h	0.1508	+0.005%	$2.4M	$3.9M	50x	as long as short
Bybit REDUSDT	+0.0100%	4h	0.1507	−0.040%	$2.2M	$1.7M	25x	as long as short
Gate RED_USDTshort	+0.0100%	4h	0.1509	+0.066%	$349K	$152K	25x
Bitget REDUSDT	+0.0100%	4h	0.1509	+0.066%	$723K	$305K	20x	as long as short
Variational Omni RED	+0.0100%	4h	0.1507	−0.044%	$25K	$3K	—	as long as short
SunX RED-USDT	+0.0100%	4h	0.1545	+2.454%	$1K	$656K	20x	as long as short
Extended RED-USD	+0.0104%	1h	0.1508	−0.013%	$30	—	5x	as long as short
MEXC RED_USDTlong	+0.0354%	4h	0.1508	long leg	$552K	$173K	20x