Funding you earn now, next payment 12:00 UTC−0.0326%/8h= −35.7% APRnext payment −$1.63 per $10,000 · paid last 24h +0.058%
Price spread now: MEXC against Gate−1.129%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and MEXC is 1.129% cheaper against Gate than usual: you would sell low and buy high (−$113 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TOLLY_USDT | 0.003985 | 0.0100 | pay 0.0050% / 4h | 1h 07m | $73K | $133K | 10x |
| Short | MEXC TOLLY_USDT | 0.003940 | −0.0226 | pay 0.0113% / 4h | 1h 07m | $28K | $88K | 20x |
Gate TOLLY_USDT
MEXC TOLLY_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
- −$68.46
- Price spread: −1.129% → 0.000%
- −$112.92
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 10 bp × 2 orders
- −$20
- Net
- −$216.38
- Costs to cover
- 0.350%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 31 min ago; MEXC: no order-book sample. Net counts fees only.
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, 31 min ago | 42.58 bp | 16449.3 bp −$16.4K | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC no order-book sample | — | — | — | — | — |
MEXC: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TOLLY on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC TOLLY_USDTshort | −0.0226% | 4h | 0.003940 | −1.129% | $28K | $88K | 20x | |
| BingX TOLLY-USDT | −0.0158% | 4h | 0.003920 | −1.631% | — | $151K | — | as long as short |
| Gate TOLLY_USDTlong | +0.0100% | 4h | 0.003985 | long leg | $73K | $133K | 10x |
BingX TOLLY-USDT