Funding you earn now, next payment 04:00 UTC+0.0232%/8h= +25.4% APRnext payment +$1.16 per $10,000 · paid last 24h +0.005%
Price spread now: Bitget against MEXC+0.202%7-day average +0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1231.230% of the position
Funding, last 7 days+0.093%+$9 on $10k
+Price spread, last 4 days (all we have)−0.423%−$42 · spread now +0.202%, 7d avg +0.134%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bitget is 0.068% dearer against MEXC than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.134%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.093% in total (about 4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.16 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LUMIA_USDT | 0.08409 | 0.0100 | pay 0.0050% / 4h | 1h 36m | $193K | $122K | 100x |
| Short | Bitget LUMIAUSDT | 0.08426 | 0.0332 | get 0.0166% / 4h | 1h 36m | $2.7M | $324K | 10x |
MEXC LUMIA_USDT
Bitget LUMIAUSDTFunding 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
- $48.72
- Price spread: +0.202% → +0.134%
- $6.84
- Slippage, 4 orders
- −$107.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$67.46
- Costs to cover
- 1.230%
- Break-even
- 16.7 days
Slippage from MEXC: live order book, 64 min ago; Bitget: live order book, 6 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, 64 min ago | 4.80 bp | 29.9 bp −$30 | 77.7 bp −$777 | 165.5 bp −$16.5K | 491.4 bp −$245.7K |
| Sell Bitget live order book, 6 min ago | 5.91 bp | 35.2 bp −$35 | 576.4 bp −$5,764 | doesn't fit | doesn't fit |
LUMIA 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LUMIAUSDT | +0.0100% | 4h | 0.08408 | −0.014% | $985K | $2K | 5x | as long as short |
| Binance LUMIAUSDT | +0.0100% | 4h | 0.08407 | −0.021% | $4.8M | $1.8M | 10x | as long as short |
| MEXC LUMIA_USDTlong | +0.0100% | 4h | 0.08409 | long leg | $193K | $122K | 100x | |
| Gate LUMIA_USDT | +0.0234% | 4h | 0.08403 | −0.071% | $305K | $33K | 20x | as long as short |
| Bitget LUMIAUSDTshort | +0.0332% | 4h | 0.08426 | +0.202% | $2.7M | $324K | 10x | |
| Bybit LUMIAUSDT | +0.0494% | 4h | 0.08416 | +0.083% | $730K | $283K | 25x | as long as short |
| BingX LUMIA-USDT | +0.0510% | 4h | 0.08410 | +0.012% | — | $1.3M | — | as long as short |
| Variational Omni LUMIA | +0.0547% | 4h | 0.08430 | +0.254% | $6K | $5K | — | as long as short |
Aster LUMIAUSDT
Binance LUMIAUSDT
Gate LUMIA_USDT
Bybit LUMIAUSDT
BingX LUMIA-USDT
Variational Omni LUMIA