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: Bitget against MEXC+0.190%7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as 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%−$4 · spread now +0.190%, 7d avg −0.070%
=The price spread pays, funding is against you. Bitget is 0.260% dearer against MEXC than usual: you sell high and buy low (spread +0.190% now, against its 7-day average of −0.070%): +$26 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 39 hours. 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 | MEXC INX_USDT | 0.006324 | 0.0630 | pay 0.0315% / 4h | 1h 20m | $837K | $189K | 50x |
| Short | Bitget INXUSDT | 0.006336 | 0.0100 | get 0.0050% / 4h | 1h 20m | $394K | $100K | 25x |
MEXC INX_USDT
Bitget INXUSDTFunding 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
- −$111.3
- Price spread: +0.190% → −0.070%
- $25.97
- Slippage, 4 orders
- −$144.58
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$245.91
- Costs to cover
- 1.606%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 35 min ago; Bitget: 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 MEXC live order book, 35 min ago | 5.60 bp | 35.1 bp −$35 | 87.3 bp −$873 | 258.0 bp −$25.8K | 682.4 bp −$341.2K |
| Sell Bitget live order book, 35 min ago | 12.00 bp | 47.7 bp −$48 | 364.3 bp −$3,643 | doesn't fit | doesn't fit |
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 | −3.811% | $5K | $5K | 50x | as long as short |
| Gate INX_USDT | +0.0100% | 4h | 0.006320 | −0.063% | $1.6M | $70K | 25x | as long as short |
| Bitget INXUSDTshort | +0.0100% | 4h | 0.006336 | +0.190% | $394K | $100K | 25x | |
| Bybit INXUSDT | +0.0177% | 4h | 0.006331 | +0.111% | $815K | $384K | 13x | as long as short |
| KuCoin INXUSDTM | +0.0526% | 4h | 0.006335 | +0.174% | $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_USDTlong | +0.0630% | 4h | 0.006324 | long leg | $837K | $189K | 50x | |
| Extended INX-USD | +0.0640% | 1h | 0.006322 | −0.028% | $1K | $111K | 5x | as long as short |
| Binance INXUSDT | +0.0642% | 4h | 0.006324 | 0.000% | $2.1M | $1.5M | 25x | as long as short |
| Deribit INX_USDC-PERPETUAL | +0.1017% | 1h | 0.006324 | 0.000% | $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 | −0.497% | $19K | $9K | 5x | as long as short |
Aster INXUSDT