Funding you earn now, next payment 04:00 UTC−0.0402%/8h= −44.0% APRnext payment −$2.01 per $10,000 · paid last 24h −0.526%
Price spread now: MEXC against Bitget+0.365%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$800.796% of the position
Funding, last 7 days−0.535%−$54 on $10k
+Price spread, last 7 days−0.478%−$48 · spread now +0.365%, 7d avg −0.029%
=The price spread pays, funding is against you. MEXC is 0.394% dearer against Bitget than usual: you sell high and buy low (spread +0.365% now, against its 7-day average of −0.029%): +$39 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KERNELUSDT | 0.06298 | −1.5530 | get 0.7765% / 4h | 6m 54s | $1.1M | $8.6M | 25x |
| Short | MEXC KERNEL_USDT | 0.06321 | −1.5932 | pay 0.7966% / 4h | 6m 54s | $1.3M | $2.7M | 20x |
Bitget KERNELUSDT
MEXC KERNEL_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
- −$84.42
- Price spread: +0.365% → −0.029%
- $39.4
- Slippage, 4 orders
- −$63.58
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$124.6
- Costs to cover
- 0.796%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; MEXC: live order book, 5 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, 1 min ago | 8.69 bp | 36.8 bp −$37 | 92.2 bp −$922 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.58 bp | 8.1 bp −$8 | 17.6 bp −$176 | 194.7 bp −$19.5K | 476.9 bp −$238.4K |
KERNEL 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 KERNELUSDT | −2.1346% | 4h | 0.06350 | +0.826% | $2.3M | $16.0M | 20x | as long as short |
| Variational Omni KERNEL | −2.1200% | 4h | 0.06368 | +1.109% | $13K | $42K | — | as long as short |
| BingX KERNEL-USDT | −1.9362% | 4h | 0.06334 | +0.572% | — | $7.3M | — | as long as short |
| MEXC KERNEL_USDTshort | −1.5932% | 4h | 0.06321 | +0.365% | $1.3M | $2.7M | 20x | |
| Binance KERNELUSDT | −1.5903% | 4h | 0.06318 | +0.321% | $4.0M | $77.3M | 25x | as long as short |
| KuCoin KERNELUSDTM | −1.5666% | 4h | 0.06302 | +0.064% | $327K | $574K | 30x | as long as short |
| Bitget KERNELUSDTlong | −1.5530% | 4h | 0.06298 | long leg | $1.1M | $8.6M | 25x | |
| Gate KERNEL_USDT | −1.4330% | 4h | 0.06328 | +0.476% | $387K | $2.1M | 50x | as long as short |
Bybit KERNELUSDT
Variational Omni KERNEL
BingX KERNEL-USDT
Binance KERNELUSDT
KuCoin KERNELUSDTM
Gate KERNEL_USDT