Funding you earn now, next payment 04:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.64 per $10,000 · paid last 24h +0.005%
Price spread now: MEXC against Bitget+0.232%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$1071.074% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 4 days (all we have)−0.213%−$21 · spread now +0.232%, 7d avg −0.007%
=The price spread pays, funding is against you. MEXC is 0.238% dearer against Bitget than usual: you sell high and buy low (spread +0.232% now, against its 7-day average of −0.007%): +$24 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 6.2 days. At the pace of the last 7 days (−0.131% in total) that is about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ELSAUSDT | 0.05610 | 0.0228 | pay 0.0114% / 4h | 29m 39s | $467K | $188K | 20x |
| Short | MEXC ELSA_USDT | 0.05623 | 0.0100 | get 0.0050% / 4h | 29m 39s | $512K | $133K | 50x |
Bitget ELSAUSDT
MEXC ELSA_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
- −$26.88
- Price spread: +0.232% → −0.007%
- $23.84
- Slippage, 4 orders
- −$91.41
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$110.44
- Costs to cover
- 1.074%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 21 min ago; MEXC: live order book, 20 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, 21 min ago | 11.62 bp | 42.6 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 20 min ago | 3.58 bp | 10.6 bp −$11 | 81.9 bp −$819 | 282.3 bp −$28.2K | doesn't fit |
ELSA on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ELSAUSDT | +0.0100% | 4h | 0.05621 | +0.196% | $1.3M | $1.2M | 20x | as long as short |
| Gate ELSA_USDT | +0.0100% | 4h | 0.05618 | +0.143% | $141K | $48K | 20x | as long as short |
| MEXC ELSA_USDTshort | +0.0100% | 4h | 0.05623 | +0.232% | $512K | $133K | 50x | |
| KuCoin ELSAUSDTM | +0.0100% | 4h | 0.05613 | +0.053% | $186K | $24K | 20x | as long as short |
| Variational Omni ELSA | +0.0100% | 4h | 0.05618 | +0.134% | $1K | $461 | — | as long as short |
| Bitget ELSAUSDTlong | +0.0228% | 4h | 0.05610 | long leg | $467K | $188K | 20x | |
| Aster ELSAUSDT | +0.0464% | 4h | 0.05616 | +0.108% | $33K | $5K | 5x | as long as short |
| BingX ELSA-USDT | +0.0574% | 4h | 0.05623 | +0.232% | — | $1.3M | — | as long as short |
| Bybit ELSAUSDT | +0.0714% | 4h | 0.05622 | +0.214% | $839K | $296K | 20x | as long as short |
Binance ELSAUSDT
Gate ELSA_USDT
KuCoin ELSAUSDTM
Variational Omni ELSA
Aster ELSAUSDT
BingX ELSA-USDT
Bybit ELSAUSDT