Funding you earn now, next payment 00:00 UTC+0.0286%/8h= +31.3% APRnext payment +$1.43 per $10,000 · paid last 24h +0.088%
Price spread now: MEXC against Bitget0.000%7-day average −0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$820.821% of the position
Funding, last 7 days+0.682%+$68 on $10k
+Price spread, last 4 days (all we have)−0.087%−$9 · spread now 0.000%, 7d avg −0.102%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and MEXC is 0.102% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.102%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget REDUSDT | 0.1513 | 0.0100 | pay 0.0050% / 4h | 33m 21s | $722K | $294K | 20x |
| Short | MEXC RED_USDT | 0.1513 | 0.0386 | get 0.0193% / 4h | 33m 21s | $561K | $174K | 20x |
Bitget REDUSDT
MEXC RED_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
- $60.06
- Price spread: 0.000% → −0.102%
- $10.17
- Slippage, 4 orders
- −$66.07
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$11.85
- Costs to cover
- 0.821%
- Break-even
- 8.4 days
Slippage from Bitget: live order book, 42 min ago; MEXC: live order book, 36 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, 42 min ago | 13.27 bp | 26.6 bp −$27 | 97.2 bp −$972 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 36 min ago | 3.31 bp | 9.4 bp −$9 | 44.4 bp −$444 | 203.8 bp −$20.4K | 488.9 bp −$244.4K |
RED on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RED-USDT | +0.0098% | 4h | 0.1513 | +0.026% | $225K | $5K | 25x | as long as short |
| Aster REDUSDT | +0.0100% | 4h | 0.1514 | +0.041% | $26K | $38K | 5x | as long as short |
| Binance REDUSDT | +0.0100% | 4h | 0.1512 | −0.054% | $2.4M | $3.8M | 50x | as long as short |
| Bybit REDUSDT | +0.0100% | 4h | 0.1514 | +0.046% | $2.2M | $1.7M | 25x | as long as short |
| Gate RED_USDT | +0.0100% | 4h | 0.1514 | +0.066% | $349K | $151K | 25x | as long as short |
| Bitget REDUSDTlong | +0.0100% | 4h | 0.1513 | long leg | $722K | $294K | 20x | |
| Variational Omni RED | +0.0100% | 4h | 0.1514 | +0.061% | $25K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1548 | +2.313% | $2K | $668K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1512 | −0.073% | $30 | — | 5x | as long as short |
| MEXC RED_USDTshort | +0.0386% | 4h | 0.1513 | 0.000% | $561K | $174K | 20x |
BloFin RED-USDT
Aster REDUSDT
Binance REDUSDT
Bybit REDUSDT
Gate RED_USDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD