Settings8H · net · $10k
Funding arb · Price arb /

ASR

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0870%/8h= +95.3% APRnext payment +$4.35 per $10,000 · paid last 24h +0.097%
Price spread now: MEXC against Bitget+0.150%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1311.313% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.097%+$10 on $10k
Price spread, last 4 days (all we have)−0.141%−$14 · spread now +0.150%, 7d avg +0.023%
Together, before fees−0.044%−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and MEXC is 0.127% dearer against Bitget than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.023%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.097% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ASRUSDT0.86900.0100pay 0.0050% / 4h2h 37m$195K$72K10x
ShortMEXC ASR_USDT0.87030.0970get 0.0485% / 4h2h 37m$642K$94K50x

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

Funding earned
$182.7
Price spread: +0.150% → +0.023%
$12.65
Slippage, 4 orders
−$115.29
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
$64.06
Costs to cover
1.313%
Break-even
4.5 days
Slippage from Bitget: live order book, 2 min ago; MEXC: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago5.74 bp37.6 bp −$38doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago2.87 bp15.4 bp −$1565.3 bp −$653192.0 bp −$19.2K487.1 bp −$243.5K

ASR on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ASR_USDT+0.0100%4h0.8700+0.115%$29K$7K20xas long as short
KuCoin ASRUSDTM+0.0100%4h0.86900.000%$188K$46K10xas long as short
Bitget ASRUSDTlong+0.0100%4h0.8690long leg$195K$72K10x
Variational Omni ASR+0.0100%4h0.8741+0.583%$4K$6Kas long as short
Bybit ASRUSDT+0.0102%4h0.8718+0.322%$142K$81K25xas long as short
BingX ASR-USDT+0.0952%4h0.8710+0.230%$1.2Mas long as short
MEXC ASR_USDTshort+0.0970%4h0.8703+0.150%$642K$94K50x
Binance ASRUSDT+0.0971%4h0.8702+0.138%$1.9M$811K10xas long as short