Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.041%
Price spread now: MEXC against Bitget−0.594%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$337as in the Price arb table
costs, in and out, $10k−$2762.762% of the position
Funding, last 7 days+0.223%+$22 on $10k
+Price spread, last 4 days (all we have)+0.518%+$52 · spread now −0.594%, 7d avg +0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.609% cheaper against Bitget than usual: you would sell low and buy high, −$61 on $10k if it goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget COOKIEUSDT | 0.01346 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $407K | $392K | 5x |
| Short | MEXC COOKIE_USDT | 0.01338 | 0.0100 | get 0.0050% / 4h | 1h 08m | $683K | $433K | 100x |
Bitget COOKIEUSDT
MEXC COOKIE_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.594% → +0.014%
- −$60.87
- Slippage, 4 orders
- −$260.22
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$337.09
- Costs to cover
- 2.762%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 27 min ago; MEXC: live order book, 27 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, 27 min ago | 3.90 bp | 97.4 bp −$97 | 796.9 bp −$7,969 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 27 min ago | 11.70 bp | 18.8 bp −$19 | 81.4 bp −$814 | 607.6 bp −$60.8K | doesn't fit |
COOKIE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance COOKIEUSDT | +0.0100% | 4h | 0.01339 | −0.505% | $2.4M | $12.7M | 20x | as long as short |
| Bybit COOKIEUSDT | +0.0100% | 4h | 0.01336 | −0.721% | $1.1M | $2.1M | 25x | as long as short |
| Gate COOKIE_USDT | +0.0100% | 4h | 0.01343 | −0.223% | $144K | $293K | 25x | as long as short |
| MEXC COOKIE_USDTshort | +0.0100% | 4h | 0.01338 | −0.594% | $683K | $433K | 100x | |
| KuCoin COOKIEUSDTM | +0.0100% | 4h | 0.01340 | −0.446% | $235K | $201K | 20x | as long as short |
| Bitget COOKIEUSDTlong | +0.0100% | 4h | 0.01346 | long leg | $407K | $392K | 5x | |
| BingX COOKIE-USDT | +0.0100% | 4h | 0.01345 | −0.037% | — | $6.6M | — | as long as short |
| Variational Omni COOKIE | +0.0100% | 4h | 0.01377 | +2.340% | $14K | $20K | — | as long as short |
| Kraken Futures PF_COOKIEUSD | +0.0925% | 1h | 0.01380 | +2.543% | $16K | $48K | 10x | as long as short |
Binance COOKIEUSDT
Bybit COOKIEUSDT
Gate COOKIE_USDT
KuCoin COOKIEUSDTM
BingX COOKIE-USDT
Variational Omni COOKIE
Kraken Futures PF_COOKIEUSD