Funding arb · Price arb /

BIGTIME

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Swap Backtest

Alert: funding

Alert: spread

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 Bitget−0.132%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$107as in the Price arb table

costs, in and out, $10k−$990.985% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.132%, 7d avg −0.050%

Together, before fees+0.030%+$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.082% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BIGTIMEUSDT	0.008333	0.0100	pay 0.0050% / 4h	1h 21m	$598K	$230K	50x
Short	MEXC BIGTIME_USDT	0.008322	0.0100	get 0.0050% / 4h	1h 21m	$479K	$182K	125x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee MEXCbpOrdersPrice spread, now −0.132%Rate

Funding earned: $0
Price spread: −0.132% → −0.050%: −$8.19
Slippage, 4 orders: −$82.51
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$106.7
Costs to cover: 0.985%
Break-even: never at this rate

Slippage from Bitget: live order book, 38 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, 38 min ago	3.02 bp	35.3 bp −$35	162.2 bp −$1,622	doesn't fit	doesn't fit
Sell MEXC live order book, 29 min ago	3.02 bp	9.6 bp −$10	44.0 bp −$440	64.4 bp −$6,443	107.0 bp −$53.5K

BIGTIME on 12 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_BIGTIMEUSD	−0.0217%	1h	0.008394	+0.727%	$8K	$5K	10x	as long as short
Hyperliquid BIGTIME	+0.0100%	1h	0.008323	−0.120%	$127K	$96K	3x	as long as short
Binance BIGTIMEUSDT	+0.0100%	4h	0.008324	−0.108%	$1.8M	$2.3M	50x	as long as short
Bybit BIGTIMEUSDT	+0.0100%	4h	0.008321	−0.144%	$680K	$623K	25x	as long as short
OKX BIGTIME-USDT-SWAP	+0.0100%	4h	0.008320	−0.156%	$439K	$386K	10x	as long as short
Gate BIGTIME_USDT	+0.0100%	4h	0.008316	−0.204%	$60K	$32K	50x	as long as short
MEXC BIGTIME_USDTshort	+0.0100%	4h	0.008322	−0.132%	$479K	$182K	125x
KuCoin BIGTIMEUSDTM	+0.0100%	4h	0.008317	−0.192%	$246K	$27K	20x	as long as short
Bitget BIGTIMEUSDTlong	+0.0100%	4h	0.008333	long leg	$598K	$230K	50x
BingX BIGTIME-USDT	+0.0100%	4h	0.008327	−0.072%	—	$2.3M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BIGTIME	+0.0100%	4h	0.008301	−0.380%	$10K	$1K	—	as long as short
BloFin BIGTIME-USDT	+0.0150%	4h	0.008327	−0.072%	$94K	$10K	50x	as long as short