2Z

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%

Price spread now: MEXC against Bitget+0.057%7-day average +0.075% · you sell dearer than you buy

Net, funding: paid 7d − costs−$140as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$790.792% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.607%−$61 on $10k

Price spread, last 4 days (all we have)+0.055%+$5 · spread now +0.057%, 7d avg +0.075%

Together, before fees−0.553%−$55 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget 2ZUSDT	0.05235	0.0100	pay 0.0050% / 4h	28m 52s	$162K	$626K	50x
Short	MEXC 2Z_USDT	0.05238	0.0100	get 0.0050% / 4h	28m 52s	$293K	$126K	50x

Funding history

latest

Range statsloading…

MEXC against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BitgetbpFee MEXCbpOrdersPrice spread, now +0.057%Rate

Slippage from Bitget: live order book, 26 min ago; MEXC: live order book, 11 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 26 min ago	8.64 bp	28.2 bp −$28	155.2 bp −$1,552	doesn't fit	doesn't fit
Sell MEXC live order book, 11 min ago	7.68 bp	13.1 bp −$13	71.9 bp −$719	258.0 bp −$25.8K	doesn't fit

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
Backpack 2Z_USDC_PERP	−0.0678%	1h	0.05233	−0.038%	$46K	$29K	5x	as long as short
Injective 2Z/USDC PERP	+0.0033%	1h	0.04980	−4.871%	$867	$213	5.5x	as long as short
Lighter 2Z	+0.0096%	1h	0.05241	+0.115%	$17K	$8K	3x	as long as short
Hyperliquid 2Z	+0.0100%	1h	0.05241	+0.120%	$677K	$366K	3x	as long as short
Aster 2ZUSDT	+0.0100%	4h	0.05237	+0.035%	$12K	$57K	5x	as long as short
Pacifica 2Z	+0.0100%	1h	0.05232	−0.052%	$75K	$14K	3x	as long as short
Binance 2ZUSDT	+0.0100%	4h	0.05232	−0.053%	$2.1M	$2.2M	50x	as long as short
Bybit 2ZUSDT	+0.0100%	4h	0.05239	+0.076%	$691K	$977K	50x	as long as short
OKX 2Z-USDT-SWAP	+0.0100%	4h	0.05237	+0.038%	$450K	$723K	20x	as long as short
Gate 2Z_USDT	+0.0100%	4h	0.05232	−0.057%	$91K	$65K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC 2Z_USDTshort	+0.0100%	4h	0.05238	+0.057%	$293K	$126K	50x
KuCoin 2ZUSDTM	+0.0100%	4h	0.05234	−0.023%	$193K	$53K	50x	as long as short
Bitget 2ZUSDTlong	+0.0100%	4h	0.05235	long leg	$162K	$626K	50x
BingX 2Z-USDT	+0.0100%	4h	0.05238	+0.057%	—	$6.5M	—	as long as short
Variational Omni 2Z	+0.0100%	4h	0.05225	−0.189%	$33K	$29K	—	as long as short
SunX 2Z-USDT	+0.0100%	4h	0.05234	−0.019%	$2K	$1.2M	20x	as long as short
Kraken Futures PF_2ZUSD	+0.0798%	1h	0.05238	+0.065%	$5K	$3K	10x	as long as short