ALCH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.2470%/8h= +270.5% APRnext payment +$12.35 per $10,000 · paid last 24h +0.202%

Price spread now: MEXC against Bitget−0.108%7-day average +0.168% · you buy dearer than you sell

Net, funding: paid 7d − costs−$163as in the Funding arb table

Net, price: spread back to 7d avg − costs−$225as in the Price arb table

costs, in and out, $10k−$1981.977% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.347%+$35 on $10k

Price spread, last 4 days (all we have)+0.225%+$23 · spread now −0.108%, 7d avg +0.168%

Together, before fees+0.573%+$57 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.276% cheaper against Bitget than usual: you would sell low and buy high (spread −0.108% now, against its 7-day average of +0.168%). If the spread goes back, that is −$28 on $10k: about 9 hours of funding at the current rate (+$74 a day). At the pace of the last 7 days (+0.347% in total) that is about 5.6 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.347% in total (about 18.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ALCHUSDT	0.05547	0.0100	pay 0.0050% / 4h	57m 32s	$1.0M	$1.3M	10x
Short	MEXC ALCH_USDT	0.05541	0.2570	get 0.1285% / 4h	57m 32s	$5.4M	$2.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee MEXCbpOrdersPrice spread, now −0.108%Rate

Funding earned: $518.7
Price spread: −0.108% → +0.168%: −$27.65
Slippage, 4 orders: −$181.74
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: $293.32
Costs to cover: 1.977%
Break-even: 3.0 days

Slippage from Bitget: live order book, 4 min ago; MEXC: live order book, 5 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 Bitget live order book, 4 min ago	17.24 bp	67.2 bp −$67	274.0 bp −$2,740	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	16.33 bp	27.2 bp −$27	112.3 bp −$1,123	164.9 bp −$16.5K	455.8 bp −$227.9K

ALCH 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 ALCHUSDT	+0.0100%	4h	0.05537	−0.180%	$3.6M	$4.9M	20x	as long as short
Gate ALCH_USDT	+0.0100%	4h	0.05534	−0.234%	$317K	$572K	20x	as long as short
Bitget ALCHUSDTlong	+0.0100%	4h	0.05547	long leg	$1.0M	$1.3M	10x
Variational Omni ALCH	+0.0100%	4h	0.05484	−1.140%	$3K	$17K	—	as long as short
KuCoin ALCHUSDTM	+0.1628%	4h	0.05534	−0.234%	$1.3M	$233K	10x	as long as short
Aster ALCHUSDT	+0.1950%	4h	0.05519	−0.510%	$12K	$65K	5x	as long as short
BingX ALCH-USDT	+0.2478%	4h	0.05533	−0.252%	—	$6.7M	—	as long as short
MEXC ALCH_USDTshort	+0.2570%	4h	0.05541	−0.108%	$5.4M	$2.0M	100x
Binance ALCHUSDT	+0.2570%	4h	0.05539	−0.144%	$6.8M	$22.6M	10x	as long as short
BloFin ALCH-USDT	+0.2611%	4h	0.05501	−0.829%	$443K	$108K	10x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ALCHUSD	+0.2775%	1h	0.05496	−0.919%	$11K	$24K	10x	as long as short