Funding you earn now, next payment 08:00 UTC+0.0450%/8h= +49.3% APRnext payment +$4.50 per $10,000 · paid last 24h +0.196%
Price spread now: Bitget against MEXC+0.093%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$750.746% of the position
Funding, last 7 days+0.338%+$34 on $10k
+Price spread, last 7 days+0.041%+$4 · spread now +0.093%, 7d avg +0.001%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Bitget is 0.092% dearer against MEXC than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CELR_USDT | 0.003233 | −0.5699 | get 0.5699% / 8h | 4h 30m | $538K | $1.5M | 50x |
| Short | Bitget CELRUSDT | 0.003236 | −0.5249 | pay 0.5249% / 8h | 4h 30m | $637K | $4.6M | 25x |
MEXC CELR_USDT
Bitget CELRUSDTFunding 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
- $94.5
- Price spread: +0.093% → +0.001%
- $9.22
- Slippage, 4 orders
- −$58.64
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $29.09
- Costs to cover
- 0.746%
- Break-even
- 4.8 days
Slippage from MEXC: live order book, 1 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, 1 min ago | 3.08 bp | 15.2 bp −$15 | 52.6 bp −$526 | 255.6 bp −$25.6K | 532.6 bp −$266.3K |
| Sell Bitget live order book, 3 min ago | 4.61 bp | 26.6 bp −$27 | 126.6 bp −$1,266 | doesn't fit | doesn't fit |
CELR 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CELRUSD | −0.9032% | 1h | 0.003241 | +0.252% | $35K | $57K | 10x | as long as short |
| Gate CELR_USDT | −0.6010% | 8h | 0.003245 | +0.371% | $235K | $1.2M | 25x | as long as short |
| BloFin CELR-USDT | −0.5702% | 8h | 0.003250 | +0.526% | $354K | $396K | 25x | as long as short |
| Binance CELRUSDT | −0.5700% | 8h | 0.003234 | +0.031% | $3.7M | $47.5M | 25x | as long as short |
| MEXC CELR_USDTlong | −0.5699% | 8h | 0.003233 | long leg | $538K | $1.5M | 50x | |
| KuCoin CELRUSDTM | −0.5600% | 8h | 0.003234 | +0.031% | $427K | $4.1M | 25x | as long as short |
| Bitget CELRUSDTshort | −0.5249% | 8h | 0.003236 | +0.093% | $637K | $4.6M | 25x | |
| BingX CELR-USDT | −0.3626% | 8h | 0.003236 | +0.093% | — | $2.7M | — | as long as short |
Kraken Futures PF_CELRUSD
Gate CELR_USDT
BloFin CELR-USDT
Binance CELRUSDT
KuCoin CELRUSDTM
BingX CELR-USDT