Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against MEXC−0.025%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1141.138% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.025%, 7d avg −0.039%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC INIT_USDT | 0.08153 | 0.0100 | pay 0.0050% / 4h | 1h 41m | $443K | $215K | 20x |
| Short | Bitget INITUSDT | 0.08151 | 0.0100 | get 0.0050% / 4h | 1h 41m | $425K | $311K | 25x |
MEXC INIT_USDT
Bitget INITUSDTFunding 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: −0.025% → −0.039%
- $1.4
- Slippage, 4 orders
- −$97.85
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$112.45
- Costs to cover
- 1.138%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 33 min ago; Bitget: live order book, 34 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 | 2.45 bp | 15.7 bp −$16 | 80.8 bp −$808 | 254.8 bp −$25.5K | doesn't fit |
| Sell Bitget live order book, 34 min ago | 6.73 bp | 43.7 bp −$44 | 259.9 bp −$2,599 | doesn't fit | doesn't fit |
INIT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid INIT | +0.0100% | 1h | 0.08149 | −0.043% | $296K | $233K | 3x | as long as short |
| Aster INITUSDT | +0.0100% | 4h | 0.08150 | −0.043% | $27K | $36K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08154 | +0.012% | $3.4M | $3.6M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08139 | −0.172% | $1.4M | $1.4M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08157 | +0.049% | $132K | $629K | 10x | as long as short |
| Gate INIT_USDT | +0.0100% | 8h | 0.08146 | −0.086% | $83K | $56K | 25x | as long as short |
| MEXC INIT_USDTlong | +0.0100% | 4h | 0.08153 | long leg | $443K | $215K | 20x | |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08148 | −0.061% | $324K | $55K | 25x | as long as short |
| Bitget INITUSDTshort | +0.0100% | 4h | 0.08151 | −0.025% | $425K | $311K | 25x | |
| BingX INIT-USDT | +0.0100% | 4h | 0.08150 | −0.037% | — | $6.6M | — | as long as short |
Hyperliquid INIT
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
OKX INIT-USDT-SWAP
Gate INIT_USDT
KuCoin INITUSDTM
BingX INIT-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni INIT | +0.0100% | 4h | 0.08136 | −0.212% | $26K | $23K | — | as long as short |
| BloFin INIT-USDT | +0.0124% | 4h | 0.08159 | +0.074% | $153K | $110K | 25x | as long as short |
| Kraken Futures PF_INITUSD | +0.0386% | 1h | 0.08155 | +0.021% | $6K | $17K | 10x | as long as short |
Variational Omni INIT
BloFin INIT-USDT
Kraken Futures PF_INITUSD