Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h −0.031%
Price spread now: Bitget against MEXC−0.093%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1531.533% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.093%, 7d avg −0.009%
=Funding pays, the price is against you. Bitget is 0.084% cheaper against MEXC than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of −0.009%). If the spread goes back, that is −$8 on $10k: about 28 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.060% in total) that is about 9.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.060% in total (about 3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CTR_USDT | 0.01189 | 0.0344 | pay 0.0172% / 4h | 6m 07s | $608K | $145K | 20x |
| Short | Bitget CTRUSDT | 0.01188 | 0.0584 | get 0.0292% / 4h | 6m 07s | $542K | $58K | 20x |
MEXC CTR_USDT
Bitget CTRUSDTFunding 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
- $50.4
- Price spread: −0.093% → −0.009%
- −$8.4
- Slippage, 4 orders
- −$133.29
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$111.29
- Costs to cover
- 1.533%
- Break-even
- 22.5 days
Slippage from MEXC: live order book, 44 min ago; Bitget: live order book, 49 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, 44 min ago | 0.42 bp | 26.5 bp −$26 | 88.7 bp −$887 | 440.4 bp −$44.0K | doesn't fit |
| Sell Bitget live order book, 49 min ago | 21.00 bp | 48.5 bp −$49 | 518.4 bp −$5,184 | doesn't fit | 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 | 0.01187 | −0.177% | $10K | $329 | 3x | as long as short |
| Bybit CTRUSDT | +0.0100% | 4h | 0.01189 | 0.000% | $249K | $129K | 20x | as long as short |
| Gate CTR_USDT | +0.0100% | 4h | 0.01190 | +0.076% | $114K | $14K | 20x | as long as short |
| KuCoin CTRUSDTM | +0.0100% | 4h | 0.01186 | −0.261% | $278K | $355K | 20x | as long as short |
| MEXC CTR_USDTlong | +0.0344% | 4h | 0.01189 | long leg | $608K | $145K | 20x | |
| Binance CTRUSDT | +0.0344% | 4h | 0.01189 | +0.007% | $2.2M | $814K | 20x | as long as short |
| Bitget CTRUSDTshort | +0.0584% | 4h | 0.01188 | −0.093% | $542K | $58K | 20x | |
| Aster CTRUSDT | +0.0645% | 4h | 0.01188 | −0.120% | $9K | $8K | 5x | as long as short |
Lighter CTR
Bybit CTRUSDT
Gate CTR_USDT
KuCoin CTRUSDTM
Binance CTRUSDT
Aster CTRUSDT