Funding you earn now, next payment 08:00 UTC−0.1660%/8h= −181.8% APRnext payment −$16.60 per $10,000 · paid last 24h −0.630%
Price spread now: MEXC against Bitget−0.102%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$239as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$960.962% of the position
Funding, last 7 days−1.425%−$142 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.102%, 7d avg −0.015%
=Both sides work against this trade now: funding costs −$50 a day on $10k at the current rate, and MEXC is 0.087% cheaper against Bitget than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CTSIUSDT | 0.02937 | 0.0100 | pay 0.0100% / 8h | 6h 05m | $310K | $239K | 50x |
| Short | MEXC CTSI_USDT | 0.02934 | −0.1560 | pay 0.1560% / 8h | 6h 05m | $454K | $136K | 50x |
Bitget CTSIUSDT
MEXC CTSI_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
- −$348.6
- Price spread: −0.102% → −0.015%
- −$8.69
- Slippage, 4 orders
- −$80.21
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$453.51
- Costs to cover
- 0.962%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 55 min ago; MEXC: live order book, 54 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, 55 min ago | 10.25 bp | 29.3 bp −$29 | 134.4 bp −$1,344 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 54 min ago | 1.71 bp | 26.0 bp −$26 | 71.0 bp −$710 | 365.6 bp −$36.6K | doesn't fit |
CTSI on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC CTSI_USDTshort | −0.1560% | 8h | 0.02934 | −0.102% | $454K | $136K | 50x | |
| Binance CTSIUSDT | +0.0100% | 8h | 0.02938 | +0.034% | $2.6M | $3.9M | 50x | as long as short |
| Gate CTSI_USDT | +0.0100% | 8h | 0.02934 | −0.102% | $441K | $262K | 25x | as long as short |
| KuCoin CTSIUSDTM | +0.0100% | 8h | 0.02934 | −0.102% | $250K | $69K | 30x | as long as short |
| Bitget CTSIUSDTlong | +0.0100% | 8h | 0.02937 | long leg | $310K | $239K | 50x | |
| BingX CTSI-USDT | +0.0100% | 8h | 0.02936 | −0.034% | — | $1.6M | — | as long as short |
| Kraken Futures PF_CTSIUSD | +0.2419% | 1h | 0.02943 | +0.216% | $19K | $11K | 10x | as long as short |
Binance CTSIUSDT
Gate CTSI_USDT
KuCoin CTSIUSDTM
BingX CTSI-USDT
Kraken Futures PF_CTSIUSD