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: Bitget against MEXC−0.038%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1131.129% of the position
Funding, last 7 days−0.226%−$23 on $10k
+Price spread, last 4 days (all we have)+0.109%+$11 · spread now −0.038%, 7d avg +0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.054% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC FRAX_USDT | 0.2904 | 0.0100 | pay 0.0050% / 4h | 2h 07m | $202K | $111K | 50x |
| Short | Bitget FRAXUSDT | 0.2903 | 0.0100 | get 0.0050% / 4h | 2h 07m | $144K | $39K | 50x |
MEXC FRAX_USDT
Bitget FRAXUSDTFunding 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
- $0
- Price spread: −0.038% → +0.016%
- −$5.43
- Slippage, 4 orders
- −$96.89
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$118.32
- Costs to cover
- 1.129%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 33 min ago; Bitget: live order book, 52 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, 33 min ago | 1.73 bp | 24.4 bp −$24 | 109.6 bp −$1,096 | 356.8 bp −$35.7K | doesn't fit |
| Sell Bitget live order book, 52 min ago | 3.27 bp | 26.8 bp −$27 | 318.2 bp −$3,182 | doesn't fit | 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 | 0.2905 | +0.050% | $16K | $15K | 5x | as long as short |
| Binance FRAXUSDT | +0.0100% | 4h | 0.2904 | 0.000% | $1.5M | $957K | 50x | as long as short |
| Gate FRAX_USDT | +0.0100% | 4h | 0.2905 | +0.034% | $43K | $16K | 20x | as long as short |
| MEXC FRAX_USDTlong | +0.0100% | 4h | 0.2904 | long leg | $202K | $111K | 50x | |
| KuCoin FRAXUSDTM | +0.0100% | 4h | 0.2909 | +0.172% | $97K | $156K | 50x | as long as short |
| Bitget FRAXUSDTshort | +0.0100% | 4h | 0.2903 | −0.038% | $144K | $39K | 50x | |
| BingX FRAX-USDT | +0.0100% | 4h | 0.2906 | +0.069% | — | $1.2M | — | as long as short |
Aster FRAXUSDT
Binance FRAXUSDT
Gate FRAX_USDT
KuCoin FRAXUSDTM
BingX FRAX-USDT