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

PUNDIX

all PUNDIX markets
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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−0.025%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$950.948% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.092%+$9 on $10k
Price spread, last 4 days (all we have)−0.035%−$3 · spread now −0.025%, 7d avg +0.013%
Together, before fees+0.057%+$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 0.039% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PUNDIX_USDT0.11920.0100pay 0.0050% / 4h3h 12m$2.4M$106K50x
ShortBitget PUNDIXUSDT0.11920.0100get 0.0050% / 4h3h 12m$238K$238K20x

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: −0.025% → +0.013%
−$3.86
Slippage, 4 orders
−$78.84
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$98.69
Costs to cover
0.948%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Bitget: live order book, 52 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, 5 min ago0.84 bp12.2 bp −$1260.1 bp −$601139.9 bp −$14.0Kdoesn't fit
Sell Bitget live order book, 52 min ago2.94 bp32.7 bp −$33140.4 bp −$1,404doesn't fitdoesn't fit

PUNDIX on 7 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
BingX PUNDIX-USDT+0.0070%4h0.1193+0.101%$1.2Mas long as short
Binance PUNDIXUSDT+0.0100%4h0.1191−0.055%$1.4M$1.8M50xas long as short
Bybit PUNDIXUSDT+0.0100%4h0.1192+0.017%$778K$419K20xas long as short
Gate PUNDIX_USDT+0.0100%4h0.1192+0.017%$37K$7K20xas long as short
MEXC PUNDIX_USDTlong+0.0100%4h0.1192long leg$2.4M$106K50x
Bitget PUNDIXUSDTshort+0.0100%4h0.1192−0.025%$238K$238K20x
Variational Omni PUNDIX+0.0100%4h0.1195+0.307%$2K$61Kas long as short