Funding you earn now, next payment 04:00 UTC+0.0530%/8h= +58.0% APRnext payment +$2.65 per $10,000 · paid last 24h +0.022%
Price spread now: MEXC against Bitget−0.189%7-day average +0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1611.606% of the position
Funding, last 7 days+0.460%+$46 on $10k
+Price spread, last 4 days (all we have)+0.035%+$3 · spread now −0.189%, 7d avg +0.070%
=Funding pays, the price is against you. MEXC is 0.259% cheaper against Bitget than usual: you would sell low and buy high (spread −0.189% now, against its 7-day average of +0.070%). If the spread goes back, that is −$26 on $10k: about 39 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.460% in total) that is about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget INXUSDT | 0.006336 | 0.0100 | pay 0.0050% / 4h | 1h 20m | $394K | $100K | 25x |
| Short | MEXC INX_USDT | 0.006324 | 0.0630 | get 0.0315% / 4h | 1h 20m | $837K | $189K | 50x |
Bitget INXUSDT
MEXC INX_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
- $111.3
- Price spread: −0.189% → +0.070%
- −$25.93
- Slippage, 4 orders
- −$144.58
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$75.21
- Costs to cover
- 1.606%
- Break-even
- 11.7 days
Slippage from Bitget: live order book, 35 min ago; MEXC: live order book, 35 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, 35 min ago | 12.00 bp | 52.6 bp −$53 | 453.6 bp −$4,536 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 35 min ago | 5.60 bp | 25.2 bp −$25 | 77.3 bp −$773 | 246.2 bp −$24.6K | 691.6 bp −$345.8K |
INX on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International INX-PERP-INTX | −0.1656% | 1h | 0.006083 | −3.993% | $5K | $5K | 50x | as long as short |
| Gate INX_USDT | +0.0100% | 4h | 0.006320 | −0.253% | $1.6M | $70K | 25x | as long as short |
| Bitget INXUSDTlong | +0.0100% | 4h | 0.006336 | long leg | $394K | $100K | 25x | |
| Bybit INXUSDT | +0.0177% | 4h | 0.006331 | −0.079% | $815K | $384K | 13x | as long as short |
| KuCoin INXUSDTM | +0.0526% | 4h | 0.006335 | −0.016% | $287K | $54K | 20x | as long as short |
| BingX INX-USDT | +0.0578% | 4h | 0.006330 | −0.095% | — | $6.5M | — | as long as short |
| MEXC INX_USDTshort | +0.0630% | 4h | 0.006324 | −0.189% | $837K | $189K | 50x | |
| Extended INX-USD | +0.0640% | 1h | 0.006322 | −0.218% | $1K | $111K | 5x | as long as short |
| Binance INXUSDT | +0.0642% | 4h | 0.006324 | −0.189% | $2.1M | $1.5M | 25x | as long as short |
| Deribit INX_USDC-PERPETUAL | +0.1017% | 1h | 0.006324 | −0.189% | $57K | $20K | 10x | as long as short |
Coinbase International INX-PERP-INTX
Gate INX_USDT
Bybit INXUSDT
KuCoin INXUSDTM
BingX INX-USDT
Extended INX-USD
Binance INXUSDT
Deribit INX_USDC-PERPETUALShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster INXUSDT | +0.1163% | 4h | 0.006293 | −0.686% | $19K | $9K | 5x | as long as short |
Aster INXUSDT