Settings8H · net · $10k
Funding arb · Price arb /

BIRB

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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: Bitget against MEXC−0.072%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1000.995% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.072%, 7d avg −0.017%
Together, before fees+0.045%+$4 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: Bitget is 0.055% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BIRB_USDT0.069150.0100pay 0.0050% / 4h2h 28m$141K$102K50x
ShortBitget BIRBUSDT0.069100.0100get 0.0050% / 4h2h 28m$434K$189K20x

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

Profit calculator

Funding earned
$0
Price spread: −0.072% → −0.017%
−$5.5
Slippage, 4 orders
−$83.53
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$105.03
Costs to cover
0.995%
Break-even
never at this rate
Slippage from MEXC: live order book, 11 min ago; Bitget: live order book, 32 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 11 min ago7.28 bp15.6 bp −$1668.2 bp −$682253.9 bp −$25.4K814.9 bp −$407.4K
Sell Bitget live order book, 32 min ago5.81 bp31.2 bp −$31204.7 bp −$2,047doesn't fitdoesn't fit

BIRB on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BIRBUSDT+0.0100%4h0.06919+0.062%$16K$17K5xas long as short
Binance BIRBUSDT+0.0100%4h0.06917+0.031%$1.3M$1.8M50xas long as short
Gate BIRB_USDT+0.0100%4h0.06909−0.087%$57K$60K20xas long as short
MEXC BIRB_USDTlong+0.0100%4h0.06915long leg$141K$102K50x
KuCoin BIRBUSDTM+0.0100%4h0.06914−0.014%$72K$37K20xas long as short
Bitget BIRBUSDTshort+0.0100%4h0.06910−0.072%$434K$189K20x
BingX BIRB-USDT+0.1636%4h0.06908−0.101%$736Kas long as short
Bybit BIRBUSDT+0.1856%4h0.06883−0.463%$641K$477K25xas long as short