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: Bitget against MEXC−0.062%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as 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 | MEXC COW_USDT | 0.1610 | 0.0100 | pay 0.0050% / 4h | 1h 07m | $575K | $191K | 20x |
| Short | Bitget COWUSDT | 0.1609 | 0.0100 | get 0.0050% / 4h | 1h 07m | $374K | $174K | 50x |
MEXC COW_USDT
Bitget COWUSDTFunding 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
- $0
- Price spread: −0.062% → −0.045%
- −$1.76
- Slippage, 4 orders
- −$48.07
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$65.83
- Costs to cover
- 0.641%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 28 min ago; Bitget: 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 MEXC live order book, 28 min ago | 3.16 bp | 7.5 bp −$7 | 46.9 bp −$469 | 297.9 bp −$29.8K | doesn't fit |
| Sell Bitget live order book, 28 min ago | 15.78 bp | 23.0 bp −$23 | 67.6 bp −$676 | doesn't fit | doesn't fit |
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 | +0.126% | $30K | $12K | 5x | as long as short |
| Binance COWUSDT | +0.0100% | 4h | 0.1611 | +0.054% | $2.1M | $2.9M | 50x | as long as short |
| Bybit COWUSDT | +0.0100% | 4h | 0.1609 | −0.037% | $949K | $470K | 25x | as long as short |
| Gate COW_USDT | +0.0100% | 4h | 0.1610 | 0.000% | $118K | $60K | 50x | as long as short |
| MEXC COW_USDTlong | +0.0100% | 4h | 0.1610 | long leg | $575K | $191K | 20x | |
| KuCoin COWUSDTM | +0.0100% | 4h | 0.1610 | 0.000% | $227K | $42K | 20x | as long as short |
| Bitget COWUSDTshort | +0.0100% | 4h | 0.1609 | −0.062% | $374K | $174K | 50x | |
| BingX COW-USDT | +0.0100% | 4h | 0.1611 | +0.062% | — | $6.6M | — | as long as short |
| Variational Omni COW | +0.0100% | 4h | 0.1613 | +0.190% | $6K | $592 | — | as long as short |
| BloFin COW-USDT | +0.0134% | 4h | 0.1616 | +0.373% | $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 | +0.263% | $5K | $212 | 10x | as long as short |
Kraken Futures PF_COWUSD