Settings8H · net · $10k
Funding arb · Price arb /

NIL

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget+0.028%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1121.124% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.028%, 7d avg +0.002%
Together, before fees−0.043%−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.027% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NILUSDT0.070880.0100pay 0.0050% / 4h2h 09m$1.8M$8.1M50x
ShortMEXC NIL_USDT0.070900.0100get 0.0050% / 4h2h 09m$2.4M$4.6M100x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.028% → +0.002%
$2.65
Slippage, 4 orders
−$96.43
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$109.78
Costs to cover
1.124%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; MEXC: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago7.75 bp26.2 bp −$26108.5 bp −$1,085doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago7.05 bp23.0 bp −$23109.2 bp −$1,092300.2 bp −$30.0K599.1 bp −$299.6K

NIL on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NILUSDT+0.0100%4h0.07088−0.006%$23K$343K5xas long as short
Binance NILUSDT+0.0100%4h0.07092+0.056%$5.5M$74.7M50xas long as short
Bybit NILUSDT+0.0100%4h0.07103+0.212%$3.9M$13.5M20xas long as short
Gate NIL_USDT+0.0100%4h0.07091+0.042%$452K$1.9M50xas long as short
MEXC NIL_USDTshort+0.0100%4h0.07090+0.028%$2.4M$4.6M100x
KuCoin NILUSDTM+0.0100%4h0.07091+0.042%$538K$655K30xas long as short
Bitget NILUSDTlong+0.0100%4h0.07088long leg$1.8M$8.1M50x
Extended NIL-USD+0.0104%1h0.07082−0.080%$17K$91K5xas long as short
BingX NIL-USDT+0.0120%4h0.07091+0.042%$8.5Mas long as short
Variational Omni NIL+0.0271%4h0.07101+0.187%$192K$268Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid NIL+0.2373%1h0.07107+0.275%$4.5M$4.4M3xas long as short