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

BTC

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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Funding you earn now, next payment 00:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.21 per $10,000 · paid last 24h +0.007%
Price spread now: MEXC against Bitget−0.011%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$160.160% of the position
Long on BitgetShort on MEXC
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 7 days+0.008%+$1 · spread now −0.011%, 7d avg 0.000%
Together, before fees+0.032%+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BTCUSDT86,595.20.0038pay 0.0038% / 8h1h 53m$2.95B$5.09B150x
ShortMEXC BTC_USDT86,585.80.0059get 0.0059% / 8h1h 53m$5.19B$5.61B500x

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

Funding earned
$4.41
Price spread: −0.011% → 0.000%
−$1.12
Slippage, 4 orders
−$0.03
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$12.74
Costs to cover
0.160%
Break-even
27.2 days
Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, 5 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 Bitget live order book, 5 min ago0.01 bp6.0 bp −$66.1 bp −$617.4 bp −$735doesn't fit
Sell MEXC live order book, 5 min ago0.01 bp2.0 bp −$22.0 bp −$202.2 bp −$2202.6 bp −$1,322

BTC on 56 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
Aftermath Perps BTCUSD−0.0217%1h86,636.4+0.048%$79K$197K20xas long as short
Phoenix BTC−0.0103%1h86,639+0.051%$2.2M$11.8M40xas long as short
Hotstuff BTC-PERP−0.0080%1h86,653+0.067%$9K$3K50xas long as short
dYdX BTC-USD−0.0032%1h86,684.5+0.103%$17.6M$20.6M50xas long as short
01 Exchange BTCUSD−0.0008%1h86,664.1+0.080%$359K$2.4M50xas long as short
Aster BTCUSDT−0.0004%8h86,583.2−0.014%$505.5M$1.16B200xas long as short
Perpl BTC0.0000%43m86,636.9+0.048%$421K$24.2M6.7xas long as short
Deribit BTC-PERPETUAL0.0000%1h86,629.9+0.040%$926.1M$1.47B50xas long as short
KuCoin XBTUSDTM+0.0004%8h86,589.5−0.007%$851.3M$709.6M125xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h86,626.6+0.036%$36.8M—200xas long as short
Show all 56 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx BTC/USDC+0.0006%1h86,658.9+0.074%$8.5M$43.3M25xas long as short
Hibachi BTC/USDT-P+0.0008%1h86,685.8+0.105%$727K$8.1M30xas long as short
Reya BTCRUSDPERP+0.0022%1h86,610.2+0.017%$6.7M$144.6M40xas long as short
Injective BTC/USDC PERP+0.0024%1h86,587−0.009%$315K$26.8M52xas long as short
Phemex BTCUSDT+0.0028%8h86,581.8−0.015%$149.6M$473.2M150xas long as short
BingX BTC-USDC+0.0030%8h86,569.7−0.029%—$15.4M—as long as short
Bitget BTCUSDTlong+0.0038%8h86,595.2long leg$2.95B$5.09B150x
Aevo BTC-PERP+0.0056%1h86,615+0.023%$2.4M$1.3M20xas long as short
MEXC BTC_USDTshort+0.0059%8h86,585.8−0.011%$5.19B$5.61B500x
Binance BTCUSDT+0.0060%8h86,582.8−0.014%$9.42B$24.39B150xas long as short
SoDEX BTC-USD+0.0075%1h86,599+0.004%$60.5M$336.7M40xas long as short
Gate BTC_USDT+0.0083%8h86,580.9−0.017%$5.85B$10.61B200xas long as short
Bybit BTCUSDT+0.0087%8h86,590.3−0.006%$5.27B$9.74B150xas long as short
Nado BTC-PERP+0.0096%1h86,662.7+0.078%$21.6M$234.4M50xas long as short
Lighter BTC+0.0096%1h86,594.7−0.001%$172.0M$996.9M50xas long as short
Lighter RH BTC+0.0096%1h86,602.6+0.009%$24.1M$151.5M50xas long as short
Popdex BTCUSDT+0.0096%1h86,644+0.056%$8.5M$52.3M100xas long as short
Katana Perps BTC-USD+0.0100%8h86,643+0.055%$201K$6.9M50xas long as short
Paradex BTC-USD-PERP+0.0100%8h86,698.1+0.119%$4.8M$8.3M50xas long as short
Hyperliquid BTC+0.0100%1h86,658+0.073%$3.81B$5.08B40xas long as short
Pacifica BTC+0.0100%1h86,697.7+0.118%$41.1M$499.4M50xas long as short
OKX BTC-USDT-SWAP+0.0100%8h86,5950.000%$2.55B$12.73B100xas long as short
Ondo Perps BTC-USD.P+0.0100%1h86,643+0.055%$3.9M$18.6M25xas long as short
Arcus BTC-USD+0.0100%1h86,724.9+0.150%$7.4M$94.0M40xas long as short
Bulk BTC-USD+0.0100%1h86,590.2−0.006%$572.1M$20.3M40xas long as short
Backpack BTC_USDC_PERP+0.0100%1h86,582.5−0.015%$38.3M$153.1M75xas long as short
Variational Omni BTC+0.0100%8h86,582.6−0.015%$156.4M$568.8M—as long as short
edgeX BTCUSDC+0.0100%4h86,554.6−0.047%$279.5M$940.9M100xas long as short
GRVT BTC_USDT_Perp+0.0100%8h86,561−0.039%$217.2M$183.6M50xas long as short
ApeX Omni BTCUSDT+0.0100%1h86,556.4−0.045%$141.5M$322.9M100xas long as short
StandX BTC-USD+0.0100%1h86,647.8+0.061%$30.7M$203.0M40xas long as short
Vest BTC-PERP+0.0100%1h86,680.9+0.099%—$11.6M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h86,632+0.042%$11.1M$13.8M50xas long as short
Bullet BTC-USD+0.0100%1h86,607.9+0.015%$193K$3.4M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h86,614.1+0.022%$2.5M$8.6M100xas long as short
Bluefin BTC-PERP+0.0100%1h86,624.6+0.034%$141K$618K40xas long as short
Derive BTC-PERP+0.0100%1h86,599.9+0.005%$30.0M$61.6M15xas long as short
SunX BTC-USDT+0.0100%8h86,660.4+0.075%$3.4M$5.5M100xas long as short
HTX BTC-USDT+0.0100%8h86,602.8+0.009%$2.30B$960.5M200xas long as short
Extended BTC-USD+0.0104%1h86,584.3−0.013%$46.4M$226.5M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h86,674.6+0.092%—$98.9M500xas long as short
Coinbase International BTC-PERP-INTX+0.0112%1h86,636+0.047%$131.8M$5.80B50xas long as short
Kraken Futures PF_XBTUSD+0.0121%1h86,624+0.033%$191.4M$937.3M100xas long as short
BloFin BTC-USDT+0.0180%8h86,642.7+0.055%$417.2M$655.6M150xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0180% / S −0.0210%1h86,619.9+0.029%$15.0M—200xas long as short
Kalshi KXBTCPERP+0.0186%8h86,673+0.090%$9.6M$726.6M6.4xas long as short