Funding you earn now, next payment 00:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.19 per $10,000 · paid last 24h +0.052%
Price spread now: Bitget against MEXC−0.037%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$520.518% of the position
Funding, last 7 days+0.160%+$16 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now −0.037%, 7d avg +0.032%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.069% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.032%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.160%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CVC_USDT | 0.02727 | 0.0100 | pay 0.0050% / 4h | 2h 53m | $657K | $115K | 20x |
| Short | Bitget CVCUSDT | 0.02726 | 0.0062 | get 0.0031% / 4h | 2h 53m | $463K | $465K | 50x |
Funding 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
- −$7.98
- Price spread: −0.037% → +0.032%
- −$6.89
- Slippage, 4 orders
- −$35.83
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$66.7
- Costs to cover
- 0.518%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 30 min ago; Bitget: live order book, 30 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, 30 min ago | 1.83 bp | 8.5 bp −$8 | 25.6 bp −$256 | 161.5 bp −$16.2K | doesn't fit |
| Sell Bitget live order book, 30 min ago | 5.49 bp | 16.6 bp −$17 | 72.2 bp −$722 | doesn't fit | doesn't fit |
CVC 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVC_USDT | −0.1174% | 4h | 0.02724 | −0.110% | $208K | $308K | 25x | as long as short |
| BingX CVC-USDT | +0.0018% | 4h | 0.02720 | −0.257% | — | $2.4M | — | as long as short |
| Bitget CVCUSDTshort | +0.0062% | 4h | 0.02726 | −0.037% | $463K | $465K | 50x | |
| Binance CVCUSDT | +0.0088% | 4h | 0.02726 | −0.052% | $2.9M | $5.6M | 50x | as long as short |
| Bybit CVCUSDT | +0.0100% | 1h | 0.02708 | −0.697% | $1.7M | $1.4M | 25x | as long as short |
| MEXC CVC_USDTlong | +0.0100% | 4h | 0.02727 | long leg | $657K | $115K | 20x | |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02727 | 0.000% | $1.4M | $399K | 30x | as long as short |
| Variational Omni CVC | +0.3108% | 1h | 0.02708 | −0.697% | $1K | $370 | — | as long as short |
MEXC CVC_USDT
Bitget CVCUSDT
Gate CVC_USDT
BingX CVC-USDT
Binance CVCUSDT
Bybit CVCUSDT
KuCoin CVCUSDTM
Variational Omni CVC