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: Bitget against MEXC−0.071%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1371.367% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.071%, 7d avg +0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.083% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HOT_USDT | 0.0004205 | 0.0100 | pay 0.0100% / 8h | 6h 30m | $437K | $151K | 50x |
| Short | Bitget HOTUSDT | 0.0004202 | 0.0100 | get 0.0100% / 8h | 6h 30m | $316K | $207K | 25x |
MEXC HOT_USDT
Bitget HOTUSDTFunding 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: −0.071% → +0.012%
- −$8.34
- Slippage, 4 orders
- −$120.74
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$145.08
- Costs to cover
- 1.367%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 28 min ago; Bitget: live order book, 29 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, 28 min ago | 2.39 bp | 16.4 bp −$16 | 100.1 bp −$1,001 | 276.6 bp −$27.7K | doesn't fit |
| Sell Bitget live order book, 29 min ago | 9.57 bp | 50.6 bp −$51 | 207.9 bp −$2,079 | doesn't fit | doesn't fit |
HOT on 4 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 | 0.0004205 | −0.002% | $1.5M | $2.5M | 50x | as long as short |
| MEXC HOT_USDTlong | +0.0100% | 8h | 0.0004205 | long leg | $437K | $151K | 50x | |
| KuCoin HOTUSDTM | +0.0100% | 8h | 0.0004214 | +0.214% | $69K | $39K | 30x | as long as short |
| Bitget HOTUSDTshort | +0.0100% | 8h | 0.0004202 | −0.071% | $316K | $207K | 25x |
Binance HOTUSDT
KuCoin HOTUSDTM