Funding you earn now, next payment 08:00 UTC−0.0616%/8h= −67.5% APRnext payment −$3.08 per $10,000 · paid last 24h −0.097%
Price spread now: Bitget against MEXC+0.298%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1311.313% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)−0.307%−$31 · spread now +0.298%, 7d avg −0.023%
=The price spread pays, funding is against you. Bitget is 0.321% dearer against MEXC than usual: you sell high and buy low (spread +0.298% now, against its 7-day average of −0.023%): +$32 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 42 hours. At the pace of the last 7 days (−0.097% in total) that is about 23 days.
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 −$3.08 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 | MEXC ASR_USDT | 0.8714 | 0.0716 | pay 0.0358% / 4h | 1h 59m | $643K | $93K | 50x |
| Short | Bitget ASRUSDT | 0.8740 | 0.0100 | get 0.0050% / 4h | 1h 59m | $197K | $73K | 10x |
MEXC ASR_USDT
Bitget ASRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$129.36
- Price spread: +0.298% → −0.023%
- $32.14
- Slippage, 4 orders
- −$115.29
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$228.51
- Costs to cover
- 1.313%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 41 min ago; Bitget: live order book, 40 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, 41 min ago | 2.87 bp | 22.7 bp −$23 | 67.0 bp −$670 | 190.7 bp −$19.1K | doesn't fit |
| Sell Bitget live order book, 40 min ago | 5.74 bp | 55.5 bp −$56 | 662.4 bp −$6,624 | doesn't fit | doesn't fit |
ASR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ASR_USDT | +0.0100% | 4h | 0.8710 | −0.046% | $30K | $7K | 20x | as long as short |
| KuCoin ASRUSDTM | +0.0100% | 4h | 0.8720 | +0.069% | $188K | $46K | 10x | as long as short |
| Bitget ASRUSDTshort | +0.0100% | 4h | 0.8740 | +0.298% | $197K | $73K | 10x | |
| Variational Omni ASR | +0.0100% | 4h | 0.8742 | +0.320% | $4K | $6K | — | as long as short |
| Bybit ASRUSDT | +0.0102% | 4h | 0.8736 | +0.252% | $142K | $82K | 25x | as long as short |
| BingX ASR-USDT | +0.0694% | 4h | 0.8731 | +0.195% | — | $1.2M | — | as long as short |
| MEXC ASR_USDTlong | +0.0716% | 4h | 0.8714 | long leg | $643K | $93K | 50x | |
| Binance ASRUSDT | +0.0717% | 4h | 0.8722 | +0.092% | $1.9M | $824K | 10x | as long as short |
Gate ASR_USDT
KuCoin ASRUSDTM
Variational Omni ASR
Bybit ASRUSDT
BingX ASR-USDT
Binance ASRUSDT