Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.063%
Price spread now: MEXC against Bitget−0.101%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$930.935% of the position
Funding, last 7 days−0.173%−$17 on $10k
+Price spread, last 4 days (all we have)+0.141%+$14 · spread now −0.101%, 7d avg +0.029%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.130% cheaper against Bitget than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.029%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget APRUSDT | 0.1479 | 0.0118 | pay 0.0059% / 4h | 1h 59m | $3.9M | $1.0M | 50x |
| Short | MEXC APR_USDT | 0.1477 | 0.0100 | get 0.0050% / 4h | 1h 59m | $369K | $173K | 50x |
Bitget APRUSDT
MEXC APR_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.78
- Price spread: −0.101% → +0.029%
- −$13.04
- Slippage, 4 orders
- −$73.48
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$110.3
- Costs to cover
- 0.935%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; MEXC: live order book, 31 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, 3 min ago | 8.48 bp | 37.1 bp −$37 | 311.3 bp −$3,113 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 31 min ago | 3.37 bp | 15.4 bp −$15 | 97.6 bp −$976 | 289.3 bp −$28.9K | 682.4 bp −$341.2K |
APR on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance APRUSDT | +0.0100% | 4h | 0.1479 | +0.031% | $6.7M | $5.1M | 50x | as long as short |
| Bybit APRUSDT | +0.0100% | 4h | 0.1478 | −0.047% | $1.5M | $643K | 20x | as long as short |
| MEXC APR_USDTshort | +0.0100% | 4h | 0.1477 | −0.101% | $369K | $173K | 50x | |
| SunX APR-USDT | +0.0100% | 4h | 0.1478 | −0.014% | $2K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1482 | +0.237% | $19K | $37K | 20x | as long as short |
| Bitget APRUSDTlong | +0.0118% | 4h | 0.1479 | long leg | $3.9M | $1.0M | 50x | |
| BloFin APR-USDT | +0.0118% | 4h | 0.1477 | −0.101% | $288K | $111K | 50x | as long as short |
| BingX APR-USDT | +0.0322% | 4h | 0.1480 | +0.101% | — | $1.4M | — | as long as short |
| OKX APR-USDT-SWAP | +0.0324% | 4h | 0.1478 | −0.034% | $1.3M | $2.5M | 20x | as long as short |
| Aster APRUSDT | +0.0718% | 4h | 0.1477 | −0.101% | $71K | $80K | 5x | as long as short |
Binance APRUSDT
Bybit APRUSDT
SunX APR-USDT
HTX APR-USDT
BloFin APR-USDT
BingX APR-USDT
OKX APR-USDT-SWAP
Aster APRUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin APRUSDTM | +0.0828% | 4h | 0.1475 | −0.203% | $2.4M | $342K | 50x | as long as short |
| Gate APR_USDT | +0.0960% | 4h | 0.1476 | −0.183% | $700K | $205K | 25x | as long as short |
KuCoin APRUSDTM
Gate APR_USDT