Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX+0.170%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1631.632% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.170%, 7d avg +0.081%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.089% dearer against OKX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.081%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MEW-USDT-SWAP | 0.0004707 | 0.0100 | pay 0.0050% / 4h | 1h 37m | $542K | $906K | 20x |
| Short | Bitget MEWUSDT | 0.0004715 | 0.0100 | get 0.0050% / 4h | 1h 37m | $481K | $540K | 50x |
OKX MEW-USDT-SWAP
Bitget MEWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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
- $0
- Price spread: +0.170% → +0.081%
- $8.89
- Slippage, 4 orders
- −$141.23
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$154.35
- Costs to cover
- 1.632%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 64 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 OKX live order book, 4 min ago | 4.24 bp | 38.4 bp −$38 | 13182.4 bp −$131.8K | 207643.3 bp −$20.76M | doesn't fit |
| Sell Bitget live order book, 64 min ago | 8.61 bp | 55.2 bp −$55 | 275.8 bp −$2,758 | doesn't fit | doesn't fit |
MEW on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEW/USD [WBTC.b-USDC] | L 0.0000% / S 0.0000% | 1h | 0.0004700 | −0.149% | — | — | 100x | as long as short |
| Injective MEW/USDC PERP | +0.0033% | 1h | 0.0004219 | −10.368% | $46 | $14K | 5.5x | as long as short |
| Binance MEWUSDT | +0.0100% | 4h | 0.0004715 | +0.170% | $1.3M | $3.5M | 50x | as long as short |
| Bybit MEWUSDT | +0.0100% | 4h | 0.0004711 | +0.085% | $1.5M | $1.5M | 25x | as long as short |
| OKX MEW-USDT-SWAPlong | +0.0100% | 4h | 0.0004707 | long leg | $542K | $906K | 20x | |
| Gate MEW_USDT | +0.0100% | 4h | 0.0004718 | +0.234% | $138K | $142K | 50x | as long as short |
| MEXC MEW_USDT | +0.0100% | 4h | 0.0004716 | +0.191% | $374K | $186K | 125x | as long as short |
| KuCoin MEWUSDTM | +0.0100% | 4h | 0.0004719 | +0.255% | $328K | $132K | 30x | as long as short |
| Bitget MEWUSDTshort | +0.0100% | 4h | 0.0004715 | +0.170% | $481K | $540K | 50x | |
| BingX MEW-USDT | +0.0100% | 4h | 0.0004714 | +0.149% | — | $6.7M | — | as long as short |
GMX MEW/USD [WBTC.b-USDC]
Injective MEW/USDC PERP
Binance MEWUSDT
Bybit MEWUSDT
Gate MEW_USDT
MEXC MEW_USDT
KuCoin MEWUSDTM
BingX MEW-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MEW | +0.0100% | 4h | 0.0004716 | +0.184% | $83K | $36K | — | as long as short |
| Kraken Futures PF_MEWUSD | +0.0795% | 1h | 0.0004716 | +0.193% | $92K | $133K | 10x | as long as short |
Variational Omni MEW
Kraken Futures PF_MEWUSD