Funding you earn now, next payment 00:00 UTC−0.0284%/8h= −31.1% APRnext payment −$1.42 per $10,000 · paid last 24h −0.103%
Price spread now: Bitget against MEXC−0.044%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$840.841% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 7 days+0.137%+$14 · spread now −0.044%, 7d avg +0.029%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Bitget is 0.073% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.029%). Swap the legs.
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 −$1.42 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 BAN_USDT | 0.06800 | 0.0432 | pay 0.0216% / 4h | 27m 41s | $8.1M | $144K | 100x |
| Short | Bitget BANUSDT | 0.06797 | 0.0148 | get 0.0074% / 4h | 27m 41s | $1.1M | $50K | 25x |
MEXC BAN_USDT
Bitget BANUSDTFunding 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
- −$59.64
- Price spread: −0.044% → +0.029%
- −$7.32
- Slippage, 4 orders
- −$68.09
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$151.05
- Costs to cover
- 0.841%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Bitget: live order book, 3 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, 5 min ago | 2.94 bp | 11.6 bp −$12 | 74.1 bp −$741 | 239.1 bp −$23.9K | 560.3 bp −$280.1K |
| Sell Bitget live order book, 3 min ago | 5.15 bp | 25.9 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.06789 | −0.162% | $1.2M | $50K | 20x | as long as short |
| KuCoin BANUSDTM | +0.0100% | 4h | 0.06784 | −0.235% | $313K | $15K | 20x | as long as short |
| Variational Omni BAN | +0.0100% | 4h | 0.06781 | −0.276% | $16 | — | — | as long as short |
| Bybit BANUSDT | +0.0101% | 4h | 0.06781 | −0.279% | $2.9M | $289K | 13x | as long as short |
| Bitget BANUSDTshort | +0.0148% | 4h | 0.06797 | −0.044% | $1.1M | $50K | 25x | |
| MEXC BAN_USDTlong | +0.0432% | 4h | 0.06800 | long leg | $8.1M | $144K | 100x | |
| Binance BANUSDT | +0.0432% | 4h | 0.06801 | +0.011% | $6.6M | $742K | 25x | as long as short |
| Aster BANUSDT | +0.0433% | 4h | 0.06791 | −0.130% | $12K | $388 | 5x | as long as short |
Gate BAN_USDT
KuCoin BANUSDTM
Variational Omni BAN
Bybit BANUSDT
Binance BANUSDT
Aster BANUSDT