Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget0.000%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$820.822% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now 0.000%, 7d avg −0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.030% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AUCTIONUSDT | 3.6890 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $378K | $133K | 25x |
| Short | MEXC AUCTION_USDT | 3.6890 | 0.0100 | get 0.0050% / 4h | 2h 30m | $437K | $143K | 20x |
Bitget AUCTIONUSDT
MEXC AUCTION_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
- $0
- Price spread: 0.000% → −0.030%
- $3.05
- Slippage, 4 orders
- −$66.18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$79.14
- Costs to cover
- 0.822%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 30 min ago; MEXC: live order book, 29 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, 30 min ago | 4.09 bp | 30.8 bp −$31 | 149.4 bp −$1,494 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 29 min ago | 1.37 bp | 10.8 bp −$11 | 38.9 bp −$389 | 89.6 bp −$8,958 | 232.1 bp −$116.1K |
AUCTION 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AUCTIONUSD | −0.0332% | 1h | 3.6925 | +0.095% | $8K | $256 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.6863 | −0.072% | $808 | $2K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.6896 | +0.016% | $2.4M | $1.6M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.6900 | +0.027% | $583K | $270K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.6880 | −0.027% | $775K | $662K | 20x | as long as short |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.6880 | −0.027% | $102K | $67K | 50x | as long as short |
| MEXC AUCTION_USDTshort | +0.0100% | 4h | 3.6890 | 0.000% | $437K | $143K | 20x | |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.6900 | +0.027% | $370K | $113K | 20x | as long as short |
| Bitget AUCTIONUSDTlong | +0.0100% | 4h | 3.6890 | long leg | $378K | $133K | 25x | |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.6880 | −0.027% | — | $7.8M | — | as long as short |
Kraken Futures PF_AUCTIONUSD
Aster AUCTIONUSDT
Binance AUCTIONUSDT
Bybit AUCTIONUSDT
OKX AUCTION-USDT-SWAP
Gate AUCTION_USDT
KuCoin AUCTIONUSDTM
BingX AUCTION-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.6934 | +0.120% | $171 | $38 | — | as long as short |
Variational Omni AUCTION