Funding you earn now, next payment 00:00 UTC+0.0390%/8h= +42.7% APRnext payment +$1.95 per $10,000 · paid last 24h +0.103%
Price spread now: MEXC against Bitget+0.030%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$860.861% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 7 days−0.115%−$11 · spread now +0.030%, 7d avg −0.031%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and MEXC is 0.060% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.031%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.074% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.95 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 | Bitget BANUSDT | 0.06774 | 0.0162 | pay 0.0081% / 4h | 1h 11m | $1.1M | $48K | 25x |
| Short | MEXC BAN_USDT | 0.06776 | 0.0552 | get 0.0276% / 4h | 1h 11m | $8.1M | $147K | 100x |
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
- $81.9
- Price spread: +0.030% → −0.031%
- $6.02
- Slippage, 4 orders
- −$70.09
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $1.82
- Costs to cover
- 0.861%
- Break-even
- 6.8 days
Slippage from Bitget: live order book, 4 min ago; MEXC: live order book, 1 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, 4 min ago | 2.21 bp | 33.2 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.74 bp | 9.7 bp −$10 | 83.5 bp −$835 | 227.1 bp −$22.7K | 549.7 bp −$274.8K |
BAN 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 BAN_USDT | +0.0100% | 8h | 0.06768 | −0.089% | $1.2M | $44K | 20x | as long as short |
| KuCoin BANUSDTM | +0.0100% | 4h | 0.06763 | −0.162% | $312K | $15K | 20x | as long as short |
| Variational Omni BAN | +0.0100% | 4h | 0.06766 | −0.123% | $16 | — | — | as long as short |
| Bybit BANUSDT | +0.0101% | 4h | 0.06759 | −0.221% | $2.9M | $286K | 13x | as long as short |
| Aster BANUSDT | +0.0121% | 4h | 0.06770 | −0.052% | $12K | $388 | 5x | as long as short |
| Bitget BANUSDTlong | +0.0162% | 4h | 0.06774 | long leg | $1.1M | $48K | 25x | |
| MEXC BAN_USDTshort | +0.0552% | 4h | 0.06776 | +0.030% | $8.1M | $147K | 100x | |
| Binance BANUSDT | +0.0552% | 4h | 0.06776 | +0.035% | $6.6M | $716K | 25x | as long as short |
Bitget BANUSDT
MEXC BAN_USDT
Gate BAN_USDT
KuCoin BANUSDTM
Variational Omni BAN
Bybit BANUSDT
Aster BANUSDT
Binance BANUSDT