Funding you earn now, next payment 04:00 UTC+0.0776%/8h= +85.0% APRnext payment +$3.88 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget−0.496%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$1861.860% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 4 days (all we have)+0.434%+$43 · spread now −0.496%, 7d avg −0.098%
=Funding pays, the price is against you. MEXC is 0.398% cheaper against Bitget than usual: you would sell low and buy high (spread −0.496% now, against its 7-day average of −0.098%). If the spread goes back, that is −$40 on $10k: about 41 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.041% in total) that is about 2 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.041% in total (about 2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.88 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 INUSDT | 0.03827 | 0.0100 | pay 0.0050% / 4h | 29m 27s | $959K | $526K | 25x |
| Short | MEXC IN_USDT | 0.03808 | 0.0876 | get 0.0438% / 4h | 29m 27s | $300K | $106K | 20x |
Bitget INUSDT
MEXC IN_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
- $162.96
- Price spread: −0.496% → −0.098%
- −$39.82
- Slippage, 4 orders
- −$165.96
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$62.82
- Costs to cover
- 1.860%
- Break-even
- 9.7 days
Slippage from Bitget: live order book, 26 min ago; MEXC: live order book, 11 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, 26 min ago | 4.04 bp | 66.8 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 11 min ago | 6.53 bp | 23.9 bp −$24 | 95.8 bp −$958 | 154.6 bp −$15.5K | doesn't fit |
IN on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit INUSDT | +0.0100% | 4h | 0.03809 | −0.470% | $949K | $591K | 20x | as long as short |
| KuCoin INUSDTM | +0.0100% | 4h | 0.03815 | −0.314% | $324K | $111K | 30x | as long as short |
| Bitget INUSDTlong | +0.0100% | 4h | 0.03827 | long leg | $959K | $526K | 25x | |
| Variational Omni IN | +0.0100% | 4h | 0.03813 | −0.357% | $2K | $313 | — | as long as short |
| Gate IN_USDT | +0.0632% | 4h | 0.03820 | −0.183% | $263K | $254K | 50x | as long as short |
| Aster INUSDT | +0.0763% | 4h | 0.03822 | −0.130% | $141K | $11K | 5x | as long as short |
| BingX IN-USDT | +0.0782% | 4h | 0.03813 | −0.366% | — | $2.3M | — | as long as short |
| MEXC IN_USDTshort | +0.0876% | 4h | 0.03808 | −0.496% | $300K | $106K | 20x | |
| Binance INUSDT | +0.0890% | 4h | 0.03811 | −0.412% | $2.2M | $3.2M | 25x | as long as short |
Bybit INUSDT
KuCoin INUSDTM
Variational Omni IN
Gate IN_USDT
Aster INUSDT
BingX IN-USDT
Binance INUSDT