Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget−0.109%7-day average −0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1271.272% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 4 days (all we have)−0.123%−$12 · spread now −0.109%, 7d avg −0.105%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SPELLUSDT | 0.00009210 | 0.0100 | pay 0.0100% / 8h | 5h 18m | $612K | $40K | 25x |
| Short | MEXC SPELL_USDT | 0.00009200 | 0.0100 | get 0.0100% / 8h | 5h 18m | $412K | $132K | 20x |
Bitget SPELLUSDT
MEXC SPELL_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
- $0
- Price spread: −0.109% → −0.105%
- −$0.32
- Slippage, 4 orders
- −$111.16
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$127.49
- Costs to cover
- 1.272%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 42 min ago; MEXC: live order book, 28 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 | 10.86 bp | 38.7 bp −$39 | 387.0 bp −$3,870 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 28 min ago | 5.44 bp | 24.3 bp −$24 | 97.4 bp −$974 | 320.9 bp −$32.1K | 502.6 bp −$251.3K |
SPELL on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SPELLUSDT | +0.0100% | 8h | 0.00009208 | −0.022% | $1.5M | $1.5M | 50x | as long as short |
| Gate SPELL_USDT | +0.0100% | 8h | 0.00009200 | −0.109% | $51K | $24K | 20x | as long as short |
| MEXC SPELL_USDTshort | +0.0100% | 8h | 0.00009200 | −0.109% | $412K | $132K | 20x | |
| KuCoin SPELLUSDTM | +0.0100% | 8h | 0.00009200 | −0.109% | $192K | $24K | 30x | as long as short |
| Bitget SPELLUSDTlong | +0.0100% | 8h | 0.00009210 | long leg | $612K | $40K | 25x | |
| Variational Omni SPELL | +0.0100% | 8h | 0.00009223 | +0.144% | $112 | $2K | — | as long as short |
| Kraken Futures PF_SPELLUSD | +0.1146% | 1h | 0.00009205 | −0.055% | $15K | $2K | 10x | as long as short |
Binance SPELLUSDT
Gate SPELL_USDT
KuCoin SPELLUSDTM
Variational Omni SPELL
Kraken Futures PF_SPELLUSD