Funding you earn now, next payment 04:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget−0.114%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$790.788% of the position
Funding, last 7 days+0.136%+$14 on $10k
+Price spread, last 7 days+0.310%+$31 · spread now −0.114%, 7d avg −0.006%
=Funding pays, the price is against you. MEXC is 0.108% cheaper against Bitget than usual: you would sell low and buy high (spread −0.114% now, against its 7-day average of −0.006%). If the spread goes back, that is −$11 on $10k: about 26 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.136% in total) that is about 5.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CPUSDT | 0.01398 | 0.0100 | pay 0.0050% / 4h | 53m 19s | $791K | $1.5M | 20x |
| Short | MEXC CP_USDT | 0.01396 | 0.0114 | get 0.0057% / 4h | 53m 19s | $1.5M | $351K | 20x |
Bitget CPUSDT
MEXC CP_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
- $2.94
- Price spread: −0.114% → −0.006%
- −$10.84
- Slippage, 4 orders
- −$62.77
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$86.67
- Costs to cover
- 0.788%
- Break-even
- 213.4 days
Slippage from Bitget: live order book, 3 min ago; MEXC: live order book, 2 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, 3 min ago | 7.52 bp | 32.0 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 3.58 bp | 12.7 bp −$13 | 64.2 bp −$642 | 461.5 bp −$46.1K | doesn't fit |
CP 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CP-USDT | +0.0069% | 4h | 0.01400 | +0.172% | $430 | $41K | 20x | as long as short |
| BingX CP-USDT | +0.0070% | 4h | 0.01397 | −0.043% | — | $1.0M | — | as long as short |
| Bybit CPUSDT | +0.0100% | 4h | 0.01395 | −0.186% | $1.4M | $2.6M | 20x | as long as short |
| Gate CP_USDT | +0.0100% | 4h | 0.01396 | −0.114% | $618K | $544K | 20x | as long as short |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01399 | +0.100% | $200K | $892K | 20x | as long as short |
| Bitget CPUSDTlong | +0.0100% | 4h | 0.01398 | long leg | $791K | $1.5M | 20x | |
| MEXC CP_USDTshort | +0.0114% | 4h | 0.01396 | −0.114% | $1.5M | $351K | 20x | |
| OKX CP-USDT-SWAP | +0.0131% | 4h | 0.01398 | +0.029% | $3.9M | $11.3M | 20x | as long as short |
BloFin CP-USDT
BingX CP-USDT
Bybit CPUSDT
Gate CP_USDT
KuCoin CPUSDTM
OKX CP-USDT-SWAP