Funding you earn now, next payment 22:00 UTC−0.4800%/8h= −525.6% APRnext payment −$6.00 per $10,000 · paid last 24h −0.686%
Price spread now: MEXC against Bitget0.000%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$580.580% of the position
Funding, last 7 days−0.357%−$36 on $10k
+Price spread, last 7 days−0.039%−$4 · spread now 0.000%, 7d avg +0.091%
=Both sides work against this trade now: funding costs −$144 a day on $10k at the current rate, and MEXC is 0.091% cheaper against Bitget than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.091%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.357% in total (about -18.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.00 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GUSDT | 0.006357 | −0.3840 | get 0.0480% / 1h | 38m 16s | $1.4M | $11.2M | 50x |
| Short | MEXC G_USDT | 0.006357 | −0.8640 | pay 0.1080% / 1h | 38m 16s | $4.2M | $1.6M | 20x |
Bitget GUSDT
MEXC G_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
- −$1,008
- Price spread: 0.000% → +0.091%
- −$9.12
- Slippage, 4 orders
- −$42.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,075.14
- Costs to cover
- 0.580%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, 4 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, 5 min ago | 5.49 bp | 18.7 bp −$19 | 114.1 bp −$1,141 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.79 bp | 9.3 bp −$9 | 24.3 bp −$243 | 118.2 bp −$11.8K | doesn't fit |
G 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate G_USDT | −0.8952% | 1h | 0.006359 | +0.031% | $896K | $6.4M | 25x | as long as short |
| Binance GUSDT | −0.8731% | 1h | 0.006358 | +0.010% | $8.9M | $88.1M | 50x | as long as short |
| MEXC G_USDTshort | −0.8640% | 1h | 0.006357 | 0.000% | $4.2M | $1.6M | 20x | |
| Aster GUSDT | −0.8237% | 1h | 0.006363 | +0.092% | $613K | $2.3M | 5x | as long as short |
| KuCoin GUSDTM | −0.5856% | 1h | 0.006326 | −0.488% | $1.5M | $1.6M | 30x | as long as short |
| Bitget GUSDTlong | −0.3840% | 1h | 0.006357 | long leg | $1.4M | $11.2M | 50x | |
| BingX G-USDT | −0.1888% | 1h | 0.006359 | +0.031% | — | $3.3M | — | as long as short |
Gate G_USDT
Binance GUSDT
Aster GUSDT
KuCoin GUSDTM
BingX G-USDT