Funding you earn now, next payment 08:00 UTC−0.0196%/8h= −21.5% APRnext payment −$0.98 per $10,000 · paid last 24h −0.155%
Price spread now: Gate against MEXC−0.165%7-day average −0.138% · you buy dearer than you sell
Net, funding: paid 7d − costs−$251as in the Funding arb table
Net, price: spread back to 7d avg − costs−$216as in the Price arb table
costs, in and out, $10k−$2132.130% of the position
Funding, last 7 days−0.381%−$38 on $10k
+Price spread, last 7 days−0.074%−$7 · spread now −0.165%, 7d avg −0.138%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.027% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.138%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC US_USDT | 0.01638 | 0.0296 | pay 0.0148% / 4h | 3h 50m | $5.5M | $113K | 100x |
| Short | Gate US_USDT | 0.01635 | 0.0100 | get 0.0050% / 4h | 3h 50m | $2.1M | $588K | 20x |
MEXC US_USDT
Gate US_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
- −$41.16
- Price spread: −0.165% → −0.138%
- −$2.7
- Slippage, 4 orders
- −$194.01
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$256.87
- Costs to cover
- 2.130%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Gate: live order book, 3 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, 2 min ago | 0.31 bp | 33.9 bp −$34 | 71.9 bp −$719 | 501.7 bp −$50.2K | doesn't fit |
| Sell Gate live order book, 3 min ago | 11.01 bp | 78.1 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
US on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit USUSDT | +0.0100% | 4h | 0.01639 | +0.073% | $3.2M | $934K | 20x | as long as short |
| Gate US_USDTshort | +0.0100% | 4h | 0.01635 | −0.165% | $2.1M | $588K | 20x | |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01631 | −0.415% | $4.0M | $320K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01640 | +0.123% | $16K | $3K | — | as long as short |
| BloFin US-USDT | +0.0296% | 4h | 0.01639 | +0.104% | $481K | $49K | 10x | as long as short |
| MEXC US_USDTlong | +0.0296% | 4h | 0.01638 | long leg | $5.5M | $113K | 100x | |
| Binance USUSDT | +0.0304% | 4h | 0.01638 | 0.000% | $9.1M | $3.2M | 10x | as long as short |
| Extended US-USD | +0.0304% | 1h | 0.01637 | −0.029% | $3K | $92K | 5x | as long as short |
| Aster USUSDT | +0.0322% | 4h | 0.01636 | −0.094% | $12K | $54K | 5x | as long as short |
| BingX US-USDT | +0.0464% | 4h | 0.01638 | +0.031% | — | $1.3M | — | as long as short |
Bybit USUSDT
KuCoin USUSDTM
Variational Omni US
BloFin US-USDT
Binance USUSDT
Extended US-USD
Aster USUSDT
BingX US-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USUSDT | +0.0498% | 4h | 0.01636 | −0.098% | $4.3M | $259K | 10x | as long as short |
Bitget USUSDT