Funding you earn now, next payment 04:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.46 per $10,000 · paid last 24h −0.003%
Price spread now: MEXC against Bitget−0.044%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$540.536% of the position
Funding, last 7 days−0.489%−$49 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now −0.044%, 7d avg −0.009%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.036% cheaper against Bitget than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.009%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget IOSTUSDT | 0.0008989 | −0.2056 | get 0.1028% / 4h | 2h 06m | $638K | $2.2M | 25x |
| Short | MEXC IOST_USDT | 0.0008985 | −0.2148 | pay 0.1074% / 4h | 2h 06m | $2.0M | $452K | 50x |
Funding 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
- −$19.32
- Price spread: −0.044% → −0.009%
- −$3.6
- Slippage, 4 orders
- −$37.57
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$76.49
- Costs to cover
- 0.536%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; MEXC: live order book, just now.
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, 1 min ago | 2.22 bp | 19.7 bp −$20 | 69.9 bp −$699 | doesn't fit | doesn't fit |
| Sell MEXC live order book, just now | 0.56 bp | 6.3 bp −$6 | 28.6 bp −$286 | 121.4 bp −$12.1K | 482.7 bp −$241.4K |
IOST on 8 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 IOSTUSDT | −0.3462% | 8h | 0.0008992 | +0.033% | $1.9M | $2.1M | 25x | as long as short |
| OKX IOST-USDT-SWAP | −0.2285% | 4h | 0.0008982 | −0.078% | $1.6M | $4.0M | 10x | as long as short |
| MEXC IOST_USDTshort | −0.2148% | 4h | 0.0008985 | −0.044% | $2.0M | $452K | 50x | |
| Binance IOSTUSDT | −0.2144% | 4h | 0.0008984 | −0.053% | $5.8M | $16.1M | 50x | as long as short |
| Bitget IOSTUSDTlong | −0.2056% | 4h | 0.0008989 | long leg | $638K | $2.2M | 25x | |
| Variational Omni IOST | −0.1419% | 8h | 0.0009016 | +0.300% | $10K | $6K | — | as long as short |
| Gate IOST_USDT | −0.1102% | 4h | 0.0008980 | −0.100% | $735K | $483K | 25x | as long as short |
| BingX IOST-USDT | −0.0748% | 4h | 0.0008983 | −0.067% | — | $2.5M | — | as long as short |
Bitget IOSTUSDT
MEXC IOST_USDT
Bybit IOSTUSDT
OKX IOST-USDT-SWAP
Binance IOSTUSDT
Variational Omni IOST
Gate IOST_USDT
BingX IOST-USDT