Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget−0.071%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$930.929% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.071%, 7d avg −0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.058% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HOTUSDT | 0.0004230 | 0.0100 | pay 0.0100% / 8h | 7h 17m | $304K | $188K | 25x |
| Short | MEXC HOT_USDT | 0.0004227 | 0.0100 | get 0.0100% / 8h | 7h 17m | $443K | $151K | 50x |
Bitget HOTUSDT
MEXC HOT_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: −0.071% → −0.013%
- −$5.76
- Slippage, 4 orders
- −$76.86
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$98.62
- Costs to cover
- 0.929%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 47 min ago; MEXC: live order book, 47 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, 47 min ago | 8.33 bp | 29.1 bp −$29 | 163.2 bp −$1,632 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 47 min ago | 2.38 bp | 21.9 bp −$22 | 122.2 bp −$1,222 | 278.5 bp −$27.8K | doesn't fit |
HOT on 5 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 HOTUSDT | +0.0100% | 8h | 0.0004227 | −0.071% | $1.6M | $2.4M | 50x | as long as short |
| MEXC HOT_USDTshort | +0.0100% | 8h | 0.0004227 | −0.071% | $443K | $151K | 50x | |
| KuCoin HOTUSDTM | +0.0100% | 8h | 0.0004233 | +0.071% | $71K | $36K | 30x | as long as short |
| Bitget HOTUSDTlong | +0.0100% | 8h | 0.0004230 | long leg | $304K | $188K | 25x | |
| BloFin HOT-USDT | +0.0125% | 8h | 0.0004238 | +0.189% | $149K | $25K | 50x | as long as short |
Binance HOTUSDT
KuCoin HOTUSDTM
BloFin HOT-USDT