Funding you earn now, next payment 08:00 UTC+0.0352%/8h= +38.5% APRnext payment +$1.76 per $10,000 · paid last 24h +0.140%
Price spread now: MEXC against Bitget−0.322%7-day average −0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$244as in the Funding arb table
Net, price: spread back to 7d avg − costs−$301as in the Price arb table
costs, in and out, $10k−$2832.828% of the position
Funding, last 7 days+0.384%+$38 on $10k
+Price spread, last 7 days+0.177%+$18 · spread now −0.322%, 7d avg −0.137%
=Funding pays, the price is against you. MEXC is 0.185% cheaper against Bitget than usual: you would sell low and buy high (spread −0.322% now, against its 7-day average of −0.137%). If the spread goes back, that is −$19 on $10k: about 42 hours of funding at the current rate (+$11 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NAORISUSDT | 0.03726 | 0.0100 | pay 0.0050% / 4h | 3h 10m | $3.3M | $222K | 10x |
| Short | MEXC NAORIS_USDT | 0.03714 | 0.0452 | get 0.0226% / 4h | 3h 10m | $4.4M | $225K | 100x |
Bitget NAORISUSDT
MEXC NAORIS_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
- $73.92
- Price spread: −0.322% → −0.137%
- −$18.52
- Slippage, 4 orders
- −$262.84
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$227.44
- Costs to cover
- 2.828%
- Break-even
- 28.5 days
Slippage from Bitget: live order book, 2 min ago; MEXC: live order book, 2 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, 2 min ago | 16.11 bp | 47.3 bp −$47 | 474.4 bp −$4,744 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 26.88 bp | 88.2 bp −$88 | 127.6 bp −$1,276 | 168.0 bp −$16.8K | doesn't fit |
NAORIS 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NAORISUSDT | +0.0100% | 4h | 0.03714 | −0.319% | $1.1M | $455K | 20x | as long as short |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03711 | −0.403% | $289K | $15K | 20x | as long as short |
| Bitget NAORISUSDTlong | +0.0100% | 4h | 0.03726 | long leg | $3.3M | $222K | 10x | |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03714 | −0.327% | $76K | $24K | — | as long as short |
| KuCoin NAORISUSDTM | +0.0224% | 4h | 0.03709 | −0.456% | $437K | $28K | 10x | as long as short |
| Aster NAORISUSDT | +0.0244% | 4h | 0.03716 | −0.265% | $5K | $5K | 5x | as long as short |
| MEXC NAORIS_USDTshort | +0.0452% | 4h | 0.03714 | −0.322% | $4.4M | $225K | 100x | |
| Binance NAORISUSDT | +0.0453% | 4h | 0.03718 | −0.208% | $5.0M | $1.2M | 10x | as long as short |
| Extended NAORIS-USD | +0.0456% | 1h | 0.03716 | −0.258% | $7K | $123K | 5x | as long as short |
| BingX NAORIS-USDT | +0.0458% | 4h | 0.03717 | −0.242% | — | $1.3M | — | as long as short |
Bybit NAORISUSDT
Gate NAORIS_USDT
Variational Omni NAORIS
KuCoin NAORISUSDTM
Aster NAORISUSDT
Binance NAORISUSDT
Extended NAORIS-USD
BingX NAORIS-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NAORIS-USDT | +0.0504% | 4h | 0.03717 | −0.242% | $289K | $10K | 10x | as long as short |
BloFin NAORIS-USDT