Funding you earn now, next payment 08:00 UTC+0.0132%/8h= +14.5% APRnext payment +$0.66 per $10,000 · paid last 24h −0.050%
Price spread now: Bitget against MEXC−0.146%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$700.699% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 7 days+0.096%+$10 · spread now −0.146%, 7d avg −0.065%
=Funding pays, the price is against you. Bitget is 0.081% cheaper against MEXC than usual: you would sell low and buy high (spread −0.146% now, against its 7-day average of −0.065%). If the spread goes back, that is −$8 on $10k: about 2.1 days of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.077%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BILL_USDT | 0.01369 | 0.0146 | pay 0.0073% / 4h | 2h 39m | $998K | $339K | 50x |
| Short | Bitget BILLUSDT | 0.01367 | 0.0278 | get 0.0139% / 4h | 2h 39m | $644K | $1.2M | 20x |
Funding 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
- $27.72
- Price spread: −0.146% → −0.065%
- −$8.13
- Slippage, 4 orders
- −$57.91
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$50.32
- Costs to cover
- 0.699%
- Break-even
- 19.7 days
Slippage from MEXC: live order book, 5 min ago; Bitget: 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 MEXC live order book, 5 min ago | 7.28 bp | 9.3 bp −$9 | 85.9 bp −$859 | 358.6 bp −$35.9K | doesn't fit |
| Sell Bitget live order book, 1 min ago | 10.94 bp | 24.3 bp −$24 | 103.3 bp −$1,033 | doesn't fit | doesn't fit |
BILL on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BILL-USDT | +0.0078% | 4h | 0.01367 | −0.146% | $113K | $17K | 20x | as long as short |
| Aster BILLUSDT | +0.0100% | 4h | 0.01370 | +0.043% | $1K | $4K | 5x | as long as short |
| Bybit BILLUSDT | +0.0100% | 4h | 0.01365 | −0.292% | $1.3M | $1.0M | 20x | as long as short |
| Gate BILL_USDT | +0.0100% | 4h | 0.01369 | 0.000% | $278K | $90K | 20x | as long as short |
| SunX BILL-USDT | +0.0100% | 4h | 0.01372 | +0.219% | $1K | $1.2M | 20x | as long as short |
| HTX BILL-USDT | +0.0100% | 4h | 0.01371 | +0.146% | $11K | $39K | 20x | as long as short |
| Binance BILLUSDT | +0.0141% | 4h | 0.01369 | +0.029% | $2.5M | $4.0M | 20x | as long as short |
| Extended BILL-USD | +0.0144% | 1h | 0.01370 | +0.048% | $4K | $261K | 5x | as long as short |
| MEXC BILL_USDTlong | +0.0146% | 4h | 0.01369 | long leg | $998K | $339K | 50x | |
| Bitget BILLUSDTshort | +0.0278% | 4h | 0.01367 | −0.146% | $644K | $1.2M | 20x |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack BILL_USDC_PERP | +0.0316% | 1h | 0.01368 | −0.073% | $21K | $1K | 5x | as long as short |
| BingX BILL-USDT | +0.0490% | 4h | 0.01370 | +0.073% | — | $1.7M | — | as long as short |
| OKX BILL-USDT-SWAP | +0.0520% | 4h | 0.01367 | −0.146% | $1.1M | $2.9M | 20x | as long as short |
| KuCoin BILLUSDTM | +0.0712% | 4h | 0.01369 | −0.029% | $454K | $337K | 20x | as long as short |
| Coinbase International BILL-PERP-INTX | +0.0832% | 1h | 0.01370 | +0.044% | $38K | $98K | 50x | as long as short |
| Deribit BILL_USDC-PERPETUAL | +0.2091% | 1h | 0.01370 | +0.102% | $107K | $12K | 10x | as long as short |
MEXC BILL_USDT
Bitget BILLUSDT
BloFin BILL-USDT
Aster BILLUSDT
Bybit BILLUSDT
Gate BILL_USDT
SunX BILL-USDT
HTX BILL-USDT
Binance BILLUSDT
Extended BILL-USD
Backpack BILL_USDC_PERP
BingX BILL-USDT
OKX BILL-USDT-SWAP
KuCoin BILLUSDTM
Coinbase International BILL-PERP-INTX
Deribit BILL_USDC-PERPETUAL