Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against MEXC+0.251%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$252as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2522.523% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.197%−$20 · spread now +0.251%, 7d avg +0.092%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.159% dearer against MEXC than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.092%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC USUAL_USDT | 0.01395 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $6.1M | $260K | 100x |
| Short | Gate USUAL_USDT | 0.01398 | 0.0100 | get 0.0100% / 8h | 1h 56m | $946K | $107K | 50x |
MEXC USUAL_USDT
Gate USUAL_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
- $0
- Price spread: +0.251% → +0.092%
- $15.87
- Slippage, 4 orders
- −$233.28
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$236.41
- Costs to cover
- 2.523%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Gate: live order book, 50 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, 1 min ago | 3.58 bp | 10.4 bp −$10 | 141.3 bp −$1,413 | 789.6 bp −$79.0K | doesn't fit |
| Sell Gate live order book, 50 min ago | 3.59 bp | 115.8 bp −$116 | doesn't fit | doesn't fit | doesn't fit |
USUAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.5000% | 1h | 0.01384 | −0.753% | $6K | $3K | 5.5x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01396 | +0.108% | $397K | $188K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01395 | +0.043% | $2.2M | $3.2M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01397 | +0.151% | $1.0M | $787K | 25x | as long as short |
| Gate USUAL_USDTshort | +0.0100% | 8h | 0.01398 | +0.251% | $946K | $107K | 50x | |
| MEXC USUAL_USDTlong | +0.0100% | 4h | 0.01395 | long leg | $6.1M | $260K | 100x | |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01398 | +0.251% | $257K | $62K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01396 | +0.108% | $808K | $405K | 50x | as long as short |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01396 | +0.143% | — | $1.2M | — | as long as short |
| Variational Omni USUAL | +0.0100% | 4h | 0.01400 | +0.372% | $11K | $1K | — | as long as short |
Injective USUAL/USDC PERP
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
KuCoin USUALUSDTM
Bitget USUALUSDT
BingX USUAL-USDT
Variational Omni USUALShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_USUALUSD | +0.0139% | 1h | 0.01398 | +0.221% | $111K | $19K | 10x | as long as short |
Kraken Futures PF_USUALUSD