Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget−0.038%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$960.963% of the position
Funding, last 7 days−0.592%−$59 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.038%, 7d avg −0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.026% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AXLUSDT | 0.05218 | 0.0100 | pay 0.0050% / 4h | 57m 49s | $574K | $302K | 50x |
| Short | MEXC AXL_USDT | 0.05216 | 0.0100 | get 0.0050% / 4h | 57m 49s | $348K | $159K | 50x |
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 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: −0.038% → −0.012%
- −$2.64
- Slippage, 4 orders
- −$80.31
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$98.95
- Costs to cover
- 0.963%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 17 min ago; MEXC: live order book, 2 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, 17 min ago | 5.76 bp | 22.2 bp −$22 | 194.8 bp −$1,948 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 3.84 bp | 17.9 bp −$18 | 69.4 bp −$694 | 118.3 bp −$11.8K | doesn't fit |
AXL on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX AXL-USDT | +0.0070% | 4h | 0.05214 | −0.077% | — | $2.3M | — | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05214 | −0.083% | $34K | $6K | 5x | as long as short |
| Binance AXLUSDT | +0.0100% | 4h | 0.05217 | −0.028% | $1.8M | $4.1M | 50x | as long as short |
| Bybit AXLUSDT | +0.0100% | 4h | 0.05215 | −0.057% | $1.4M | $1.9M | 25x | as long as short |
| MEXC AXL_USDTshort | +0.0100% | 4h | 0.05216 | −0.038% | $348K | $159K | 50x | |
| KuCoin AXLUSDTM | +0.0100% | 4h | 0.05210 | −0.153% | $437K | $93K | 30x | as long as short |
| Bitget AXLUSDTlong | +0.0100% | 4h | 0.05218 | long leg | $574K | $302K | 50x | |
| Variational Omni AXL | +0.0100% | 4h | 0.05206 | −0.224% | $6K | $24K | — | as long as short |
| BloFin AXL-USDT | +0.0138% | 4h | 0.05208 | −0.192% | $122K | $11K | 50x | as long as short |
Bitget AXLUSDT
MEXC AXL_USDT
BingX AXL-USDT
Aster AXLUSDT
Binance AXLUSDT
Bybit AXLUSDT
KuCoin AXLUSDTM
Variational Omni AXL
BloFin AXL-USDT