RED

Alert: funding

Alert: spread

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: Bitget against MEXC+0.066%7-day average +0.102% · you sell dearer than you buy

Net, funding: paid 7d − costs−$150as in the Funding arb table

Net, price: spread back to 7d avg − costs−$86as in the Price arb table

costs, in and out, $10k−$820.821% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.682%−$68 on $10k

Price spread, last 4 days (all we have)+0.021%+$2 · spread now +0.066%, 7d avg +0.102%

Together, before fees−0.661%−$66 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Bitget is 0.036% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.102%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC RED_USDT	0.1512	0.0386	pay 0.0193% / 4h	33m 08s	$561K	$174K	20x
Short	Bitget REDUSDT	0.1513	0.0100	get 0.0050% / 4h	33m 08s	$722K	$294K	20x

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

Position, each leg$Hold fordaysFee MEXCbpFee BitgetbpOrdersPrice spread, now +0.066%Rate

Funding earned: −$60.06
Price spread: +0.066% → +0.102%: −$3.55
Slippage, 4 orders: −$66.07
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$145.69
Costs to cover: 0.821%
Break-even: never at this rate

Slippage from MEXC: live order book, 37 min ago; Bitget: live order book, 42 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 MEXC live order book, 37 min ago	3.31 bp	9.8 bp −$10	32.1 bp −$321	199.8 bp −$20.0K	469.1 bp −$234.6K
Sell Bitget live order book, 42 min ago	13.27 bp	36.3 bp −$36	116.4 bp −$1,164	doesn't fit	doesn't fit

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	+0.093%	$225K	$5K	25x	as long as short
Aster REDUSDT	+0.0100%	4h	0.1514	+0.111%	$26K	$38K	5x	as long as short
Binance REDUSDT	+0.0100%	4h	0.1513	+0.035%	$2.4M	$3.8M	50x	as long as short
Bybit REDUSDT	+0.0100%	4h	0.1514	+0.112%	$2.2M	$1.7M	25x	as long as short
Gate RED_USDT	+0.0100%	4h	0.1514	+0.132%	$349K	$151K	25x	as long as short
Bitget REDUSDTshort	+0.0100%	4h	0.1513	+0.066%	$722K	$294K	20x
Variational Omni RED	+0.0100%	4h	0.1514	+0.127%	$25K	$3K	—	as long as short
SunX RED-USDT	+0.0100%	4h	0.1548	+2.381%	$2K	$668K	20x	as long as short
Extended RED-USD	+0.0104%	1h	0.1512	−0.006%	$30	—	5x	as long as short
MEXC RED_USDTlong	+0.0386%	4h	0.1512	long leg	$561K	$174K	20x