Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.150%
Price spread now: Bitget against MEXC+0.112%7-day average −0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$246as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1721.718% of the position
Funding, last 7 days−0.742%−$74 on $10k
+Price spread, last 4 days (all we have)−0.314%−$31 · spread now +0.112%, 7d avg −0.094%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.206% dearer against MEXC than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.094%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SONIC_USDT | 0.02672 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $899K | $169K | 50x |
| Short | Bitget SONICUSDT | 0.02675 | 0.0100 | get 0.0050% / 4h | 2h 21m | $448K | $634K | 10x |
MEXC SONIC_USDT
Bitget SONICUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.112% → −0.094%
- $20.64
- Slippage, 4 orders
- −$155.77
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$151.14
- Costs to cover
- 1.718%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 25 min ago; Bitget: live order book, 26 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, 25 min ago | 5.63 bp | 25.5 bp −$26 | 137.5 bp −$1,375 | 356.9 bp −$35.7K | 691.5 bp −$345.7K |
| Sell Bitget live order book, 26 min ago | 5.63 bp | 60.6 bp −$61 | 466.9 bp −$4,669 | doesn't fit | doesn't fit |
SONIC on 8 exchanges
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 SONIC-USDT | +0.0043% | 4h | 0.02679 | +0.262% | $122K | $25K | 10x | as long as short |
| Binance SONICUSDT | +0.0100% | 4h | 0.02680 | +0.281% | $1.3M | $4.1M | 10x | as long as short |
| Bybit SONICUSDT | +0.0100% | 4h | 0.02677 | +0.187% | $1.2M | $2.2M | 25x | as long as short |
| Gate SONIC_USDT | +0.0100% | 4h | 0.02737 | +2.433% | $130K | $125K | 25x | as long as short |
| MEXC SONIC_USDTlong | +0.0100% | 4h | 0.02672 | long leg | $899K | $169K | 50x | |
| KuCoin SONICUSDTM | +0.0100% | 4h | 0.02685 | +0.487% | $500K | $24K | 10x | as long as short |
| Bitget SONICUSDTshort | +0.0100% | 4h | 0.02675 | +0.112% | $448K | $634K | 10x | |
| Variational Omni SONIC | +0.0100% | 4h | 0.02670 | −0.077% | $3K | $4K | — | as long as short |
BloFin SONIC-USDT
Binance SONICUSDT
Bybit SONICUSDT
Gate SONIC_USDT
KuCoin SONICUSDTM
Variational Omni SONIC