Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget+0.062%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$640.641% of the position
Funding, last 7 days+0.133%+$13 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.062%, 7d avg +0.045%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget COWUSDT | 0.1609 | 0.0100 | pay 0.0050% / 4h | 1h 07m | $374K | $174K | 50x |
| Short | MEXC COW_USDT | 0.1610 | 0.0100 | get 0.0050% / 4h | 1h 07m | $575K | $191K | 20x |
Bitget COWUSDT
MEXC COW_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: +0.062% → +0.045%
- $1.76
- Slippage, 4 orders
- −$48.07
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$62.31
- Costs to cover
- 0.641%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 28 min ago; MEXC: live order book, 28 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, 28 min ago | 15.78 bp | 27.7 bp −$28 | 78.7 bp −$787 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 28 min ago | 3.16 bp | 5.9 bp −$6 | 29.4 bp −$294 | 252.7 bp −$25.3K | 390.1 bp −$195.1K |
COW on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COWUSDT | +0.0100% | 4h | 0.1612 | +0.189% | $30K | $12K | 5x | as long as short |
| Binance COWUSDT | +0.0100% | 4h | 0.1611 | +0.116% | $2.1M | $2.9M | 50x | as long as short |
| Bybit COWUSDT | +0.0100% | 4h | 0.1609 | +0.025% | $949K | $470K | 25x | as long as short |
| Gate COW_USDT | +0.0100% | 4h | 0.1610 | +0.062% | $118K | $60K | 50x | as long as short |
| MEXC COW_USDTshort | +0.0100% | 4h | 0.1610 | +0.062% | $575K | $191K | 20x | |
| KuCoin COWUSDTM | +0.0100% | 4h | 0.1610 | +0.062% | $227K | $42K | 20x | as long as short |
| Bitget COWUSDTlong | +0.0100% | 4h | 0.1609 | long leg | $374K | $174K | 50x | |
| BingX COW-USDT | +0.0100% | 4h | 0.1611 | +0.124% | — | $6.6M | — | as long as short |
| Variational Omni COW | +0.0100% | 4h | 0.1613 | +0.252% | $6K | $592 | — | as long as short |
| BloFin COW-USDT | +0.0134% | 4h | 0.1616 | +0.435% | $134K | $31K | 75x | as long as short |
Aster COWUSDT
Binance COWUSDT
Bybit COWUSDT
Gate COW_USDT
KuCoin COWUSDTM
BingX COW-USDT
Variational Omni COW
BloFin COW-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_COWUSD | +0.0941% | 1h | 0.1614 | +0.325% | $5K | $212 | 10x | as long as short |
Kraken Futures PF_COWUSD