Funding you earn now, next payment 04:00 UTC+0.0274%/8h= +30.0% APRnext payment +$1.37 per $10,000 · paid last 24h +0.075%
Price spread now: MEXC against Bitget−0.018%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$970.967% of the position
Funding, last 7 days+0.439%+$44 on $10k
+Price spread, last 7 days−0.120%−$12 · spread now −0.018%, 7d avg +0.028%
=Funding pays, the price is against you. MEXC is 0.046% cheaper against Bitget than usual: you would sell low and buy high (spread −0.018% now, against its 7-day average of +0.028%). If the spread goes back, that is −$5 on $10k: about 13 hours of funding at the current rate (+$8 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget OUSDT | 0.5565 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $1.6M | $316K | 10x |
| Short | MEXC O_USDT | 0.5564 | 0.0374 | get 0.0187% / 4h | 1h 42m | $960K | $176K | 50x |
Bitget OUSDT
MEXC O_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
- $57.54
- Price spread: −0.018% → +0.028%
- −$4.62
- Slippage, 4 orders
- −$76.73
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$43.81
- Costs to cover
- 0.967%
- Break-even
- 12.3 days
Slippage from Bitget: live order book, 4 min ago; MEXC: live order book, 13 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, 4 min ago | 12.55 bp | 34.8 bp −$35 | 383.0 bp −$3,830 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 13 min ago | 6.29 bp | 13.8 bp −$14 | 74.9 bp −$749 | 466.7 bp −$46.7K | doesn't fit |
O 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate O_USDT | +0.0100% | 4h | 0.5566 | +0.018% | $1.5M | $509K | 20x | as long as short |
| KuCoin OUSDTM | +0.0100% | 4h | 0.5560 | −0.090% | $1.2M | $734K | 20x | as long as short |
| Bitget OUSDTlong | +0.0100% | 4h | 0.5565 | long leg | $1.6M | $316K | 10x | |
| Variational Omni O | +0.0100% | 4h | 0.5578 | +0.225% | $3K | $535 | — | as long as short |
| Aster OUSDT | +0.0259% | 4h | 0.5566 | +0.017% | $19K | $50K | 3x | as long as short |
| Binance OUSDT | +0.0269% | 4h | 0.5572 | +0.130% | $4.7M | $1.9M | 10x | as long as short |
| BloFin O-USDT | +0.0328% | 4h | 0.5562 | −0.054% | $238K | $6K | 20x | as long as short |
| Bybit OUSDT | +0.0343% | 4h | 0.5570 | +0.090% | $706K | $925K | 20x | as long as short |
| OKX O-USDT-SWAP | +0.0367% | 4h | 0.5569 | +0.072% | $1.5M | $1.1M | 10x | as long as short |
| MEXC O_USDTshort | +0.0374% | 4h | 0.5564 | −0.018% | $960K | $176K | 50x |
Gate O_USDT
KuCoin OUSDTM
Variational Omni O
Aster OUSDT
Binance OUSDT
BloFin O-USDT
Bybit OUSDT
OKX O-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX O-USDT | +0.0384% | 4h | 0.5579 | +0.252% | — | $1.6M | — | as long as short |
BingX O-USDT