Funding you earn now, next payment 08:00 UTC−0.0115%/8h= −12.6% APRnext payment −$1.15 per $10,000 · paid last 24h −0.011%
Price spread now: Gate against MEXC−0.131%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$750.753% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 7 days+0.073%+$7 · spread now −0.131%, 7d avg −0.101%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.030% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.101%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SPX500_USDT | 7,763.4 | −0.0085 | get 0.0085% / 8h | 17m 03s | $72.2M | $46.0M | 200x |
| Short | Gate SPX500_USDT | 7,753.2 | −0.0200 | pay 0.0200% / 8h | 17m 03s | $1.7M | $93K | 100x |
MEXC SPX500_USDT
Gate SPX500_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
- −$24.15
- Price spread: −0.131% → −0.101%
- −$3.03
- Slippage, 4 orders
- −$60.28
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$102.46
- Costs to cover
- 0.753%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Gate: live order book, just now.
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 | 0.06 bp | 0.1 bp $0 | 0.4 bp −$4 | 7.2 bp −$723 | 86.8 bp −$43.4K |
| Sell Gate live order book, just now | 8.92 bp | 52.9 bp −$53 | 80.6 bp −$806 | doesn't fit | doesn't fit |
SPX500 on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SPX500_USDC | −0.0301% | 8h | 7,759.8 | −0.047% | $361K | $127K | 20x | as long as short |
| Gate SPX500_USDTshort | −0.0200% | 8h | 7,753.2 | −0.131% | $1.7M | $93K | 100x | |
| MEXC SPX500_USDTlong | −0.0085% | 8h | 7,763.4 | long leg | $72.2M | $46.0M | 200x | |
| SunX SPX500-USDT | +0.0050% | 1h | 7,709.6 | −0.693% | $2K | $2.4M | 20x | as long as short |
| HTX SPX500-USDT | +0.0050% | 1h | 7,759.7 | −0.048% | $502K | $235K | 30x | as long as short |
Orderly PERP_SPX500_USDC
SunX SPX500-USDT
HTX SPX500-USDT