Funding you earn now, next payment 00:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.40 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Bitget−0.109%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1201.205% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.109%, 7d avg +0.007%
=Funding pays, the price is against you. MEXC is 0.116% cheaper against Bitget than usual: you would sell low and buy high (spread −0.109% now, against its 7-day average of +0.007%). If the spread goes back, that is −$12 on $10k: about 4.8 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CTRUSDT | 0.01188 | 0.0996 | pay 0.0498% / 4h | 2h 42m | $543K | $55K | 20x |
| Short | MEXC CTR_USDT | 0.01187 | 0.1076 | get 0.0538% / 4h | 2h 42m | $649K | $130K | 20x |
Bitget CTRUSDT
MEXC CTR_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
- $16.8
- Price spread: −0.109% → +0.007%
- −$11.6
- Slippage, 4 orders
- −$100.45
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$115.25
- Costs to cover
- 1.205%
- Break-even
- 55.0 days
Slippage from Bitget: live order book, 42 min ago; MEXC: live order book, 41 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, 42 min ago | 4.22 bp | 38.6 bp −$39 | 541.5 bp −$5,415 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 41 min ago | 2.96 bp | 19.3 bp −$19 | 87.6 bp −$876 | 489.5 bp −$48.9K | doesn't fit |
CTR 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter CTR | +0.0096% | 1h | 0.01185 | −0.253% | $9K | $339 | 3x | as long as short |
| Bybit CTRUSDT | +0.0100% | 4h | 0.01187 | −0.093% | $252K | $121K | 20x | as long as short |
| Gate CTR_USDT | +0.0100% | 4h | 0.01189 | +0.084% | $114K | $16K | 20x | as long as short |
| KuCoin CTRUSDTM | +0.0100% | 4h | 0.01186 | −0.168% | $274K | $342K | 20x | as long as short |
| Aster CTRUSDT | +0.0714% | 4h | 0.01184 | −0.370% | $9K | $6K | 5x | as long as short |
| Bitget CTRUSDTlong | +0.0996% | 4h | 0.01188 | long leg | $543K | $55K | 20x | |
| MEXC CTR_USDTshort | +0.1076% | 4h | 0.01187 | −0.109% | $649K | $130K | 20x | |
| Binance CTRUSDT | +0.1085% | 4h | 0.01187 | −0.096% | $2.2M | $816K | 20x | as long as short |
Lighter CTR
Bybit CTRUSDT
Gate CTR_USDT
KuCoin CTRUSDTM
Aster CTRUSDT
Binance CTRUSDT