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

ORDER

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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: Bitget against MEXC−0.227%7-day average −0.136% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1411.412% 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)+0.060%+$6 · spread now −0.227%, 7d avg −0.136%
Together, before fees+0.060%+$6 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: Bitget is 0.090% cheaper against MEXC than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.136%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ORDER_USDT0.039720.0100pay 0.0050% / 4h2h 54m$268K$98K20x
ShortBitget ORDERUSDT0.039630.0100get 0.0050% / 4h2h 54m$475K$201K20x

Funding 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 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: −0.227% → −0.136%
−$9.03
Slippage, 4 orders
−$125.19
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$150.22
Costs to cover
1.412%
Break-even
never at this rate
Slippage from MEXC: live order book, 60 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 60 min ago5.00 bp19.4 bp −$1978.7 bp −$787231.5 bp −$23.2Kdoesn't fit
Sell Bitget live order book, 6 min ago7.48 bp39.9 bp −$40240.8 bp −$2,408doesn't fitdoesn't fit

ORDER 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
BloFin ORDER-USDT+0.0076%8h0.03960−0.302%$65K$7K16xas long as short
Binance ORDERUSDT+0.0100%4h0.03973+0.028%$1.4M$1.5M50xas long as short
Bybit ORDERUSDT+0.0100%8h0.03962−0.252%$1.3M$587K20xas long as short
OKX ORDER-USDT-SWAP+0.0100%4h0.03971−0.025%$161K$270K20xas long as short
Gate ORDER_USDT+0.0100%4h0.03970−0.050%$73K$62K20xas long as short
MEXC ORDER_USDTlong+0.0100%4h0.03972long leg$268K$98K20x
KuCoin ORDERUSDTM+0.0100%4h0.03973+0.025%$219K$84K30xas long as short
Bitget ORDERUSDTshort+0.0100%4h0.03963−0.227%$475K$201K20x
BingX ORDER-USDT+0.0100%4h0.03968−0.101%$1.3Mas long as short
Variational Omni ORDER+0.0100%8h0.03962−0.255%$10K$2Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ORDER_USDC+0.0837%4h0.03968−0.101%$187K$211K10xas long as short