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: Bitget against MEXC+0.109%7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as 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 | MEXC SPELL_USDT | 0.00009200 | 0.0100 | pay 0.0100% / 8h | 5h 17m | $412K | $132K | 20x |
| Short | Bitget SPELLUSDT | 0.00009210 | 0.0100 | get 0.0100% / 8h | 5h 17m | $612K | $40K | 25x |
MEXC SPELL_USDT
Bitget SPELLUSDTFunding 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: +0.109% → +0.105%
- $0.34
- Slippage, 4 orders
- −$111.16
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$126.83
- Costs to cover
- 1.272%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 28 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, 28 min ago | 5.44 bp | 19.8 bp −$20 | 159.5 bp −$1,595 | 341.8 bp −$34.2K | 530.9 bp −$265.4K |
| Sell Bitget live order book, 42 min ago | 10.86 bp | 44.3 bp −$44 | 304.3 bp −$3,043 | doesn't fit | doesn't fit |
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 | +0.087% | $1.5M | $1.5M | 50x | as long as short |
| Gate SPELL_USDT | +0.0100% | 8h | 0.00009200 | 0.000% | $51K | $24K | 20x | as long as short |
| MEXC SPELL_USDTlong | +0.0100% | 8h | 0.00009200 | long leg | $412K | $132K | 20x | |
| KuCoin SPELLUSDTM | +0.0100% | 8h | 0.00009200 | 0.000% | $192K | $24K | 30x | as long as short |
| Bitget SPELLUSDTshort | +0.0100% | 8h | 0.00009210 | +0.109% | $612K | $40K | 25x | |
| Variational Omni SPELL | +0.0100% | 8h | 0.00009223 | +0.253% | $112 | $2K | — | as long as short |
| Kraken Futures PF_SPELLUSD | +0.1146% | 1h | 0.00009205 | +0.053% | $15K | $2K | 10x | as long as short |
Binance SPELLUSDT
Gate SPELL_USDT
KuCoin SPELLUSDTM
Variational Omni SPELL
Kraken Futures PF_SPELLUSD