Funding you earn now, next payment 12:00 UTC+0.0196%/8h= +21.5% APRnext payment +$0.98 per $10,000 · paid last 24h −0.030%
Price spread now: MEXC against Gate+0.077%7-day average +0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs−$327as in the Funding arb table
Net, price: spread back to 7d avg − costs−$284as in the Price arb table
costs, in and out, $10k−$2792.787% of the position
Funding, last 7 days−0.484%−$48 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.077%, 7d avg +0.134%
=Funding pays, the price is against you. MEXC is 0.058% cheaper against Gate than usual: you would sell low and buy high (spread +0.077% now, against its 7-day average of +0.134%). If the spread goes back, that is −$6 on $10k: about 24 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.484%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPACE_USDT | 0.005226 | 0.0100 | pay 0.0050% / 4h | 3h 03m | $785K | $320K | 20x |
| Short | MEXC SPACE_USDT | 0.005230 | 0.0296 | get 0.0148% / 4h | 3h 03m | $479K | $173K | 20x |
Gate SPACE_USDT
MEXC SPACE_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
- $41.16
- Price spread: +0.077% → +0.134%
- −$5.76
- Slippage, 4 orders
- −$259.67
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$243.27
- Costs to cover
- 2.787%
- Break-even
- 48.4 days
Slippage from Gate: live order book, 28 min ago; MEXC: live order book, 13 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, 28 min ago | 10.66 bp | 118.9 bp −$119 | 5187.0 bp −$51.9K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 13 min ago | 0.96 bp | 10.8 bp −$11 | 71.5 bp −$715 | 272.5 bp −$27.2K | doesn't fit |
SPACE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.005224 | −0.038% | $1.6M | $1.3M | 20x | as long as short |
| Gate SPACE_USDTlong | +0.0100% | 4h | 0.005226 | long leg | $785K | $320K | 20x | |
| KuCoin SPACEUSDTM | +0.0100% | 4h | 0.005217 | −0.172% | $667K | $98K | 20x | as long as short |
| Bitget SPACEUSDT | +0.0100% | 4h | 0.005216 | −0.191% | $914K | $270K | 20x | as long as short |
| BloFin SPACE-USDT | +0.0292% | 4h | 0.005225 | −0.019% | $163K | $12K | 50x | as long as short |
| MEXC SPACE_USDTshort | +0.0296% | 4h | 0.005230 | +0.077% | $479K | $173K | 20x | |
| Binance SPACEUSDT | +0.0302% | 4h | 0.005233 | +0.141% | $1.9M | $2.3M | 50x | as long as short |
| Bybit SPACEUSDT | +0.0588% | 4h | 0.005225 | −0.019% | $812K | $170K | 13x | as long as short |
| Aster SPACEUSDT | +0.1604% | 4h | 0.005219 | −0.127% | $18K | $37K | 5x | as long as short |
OKX SPACE-USDT-SWAP
KuCoin SPACEUSDTM
Bitget SPACEUSDT
BloFin SPACE-USDT
Binance SPACEUSDT
Bybit SPACEUSDT
Aster SPACEUSDT