Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget+0.003%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1021.021% of the position
Funding, last 7 days+0.226%+$23 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.003%, 7d avg −0.016%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget FRAXUSDT | 0.2910 | 0.0100 | pay 0.0050% / 4h | 52m 30s | $147K | $40K | 50x |
| Short | MEXC FRAX_USDT | 0.2910 | 0.0100 | get 0.0050% / 4h | 52m 30s | $203K | $108K | 50x |
Bitget FRAXUSDT
MEXC FRAX_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
- $0
- Price spread: +0.003% → −0.016%
- $1.94
- Slippage, 4 orders
- −$86.05
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$100.11
- Costs to cover
- 1.021%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 62 min ago; MEXC: live order book, 43 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, 62 min ago | 4.30 bp | 37.1 bp −$37 | 249.5 bp −$2,495 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 43 min ago | 1.72 bp | 16.6 bp −$17 | 98.5 bp −$985 | 349.2 bp −$34.9K | doesn't fit |
FRAX 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster FRAXUSDT | +0.0100% | 4h | 0.2913 | +0.109% | $20K | $10K | 5x | as long as short |
| Binance FRAXUSDT | +0.0100% | 4h | 0.2909 | −0.041% | $1.5M | $937K | 50x | as long as short |
| Gate FRAX_USDT | +0.0100% | 4h | 0.2910 | +0.003% | $42K | $14K | 20x | as long as short |
| MEXC FRAX_USDTshort | +0.0100% | 4h | 0.2910 | +0.003% | $203K | $108K | 50x | |
| KuCoin FRAXUSDTM | +0.0100% | 4h | 0.2914 | +0.141% | $96K | $156K | 50x | as long as short |
| Bitget FRAXUSDTlong | +0.0100% | 4h | 0.2910 | long leg | $147K | $40K | 50x | |
| BingX FRAX-USDT | +0.0100% | 4h | 0.2909 | −0.031% | — | $1.2M | — | as long as short |
Aster FRAXUSDT
Binance FRAXUSDT
Gate FRAX_USDT
KuCoin FRAXUSDTM
BingX FRAX-USDT