Funding you earn now, next payment 00:00 UTC−0.0574%/8h= −62.9% APRnext payment −$2.87 per $10,000 · paid last 24h +0.902%
Price spread now: MEXC against Bitget−0.245%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1621.622% of the position
Funding, last 4 days (all we have)+2.095%+$209 on $10k
+Price spread, last 4 days (all we have)−0.304%−$30 · spread now −0.245%, 7d avg +0.024%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and MEXC is 0.269% cheaper against Bitget than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.024%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +2.095%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget STONKUSDT | 0.3671 | 0.0100 | pay 0.0050% / 4h | 1h 22m | $327K | $2.8M | 10x |
| Short | MEXC STONK_USDT | 0.3662 | −0.0474 | pay 0.0237% / 4h | 1h 22m | $845K | $1.1M | 20x |
Bitget STONKUSDT
MEXC STONK_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
- −$120.54
- Price spread: −0.245% → +0.024%
- −$26.94
- Slippage, 4 orders
- −$130.2
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 10 bp × 2 orders
- −$20
- Net
- −$309.69
- Costs to cover
- 1.622%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, 4 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, 5 min ago | 11.14 bp | 45.8 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.45 bp | 31.7 bp −$32 | 68.8 bp −$688 | 429.7 bp −$43.0K | doesn't fit |
STONK on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC STONK_USDTshort | −0.0474% | 4h | 0.3662 | −0.245% | $845K | $1.1M | 20x | |
| Bitget STONKUSDTlong | +0.0100% | 4h | 0.3671 | long leg | $327K | $2.8M | 10x | |
| BingX STONK-USDT | +0.1162% | 4h | 0.3657 | −0.384% | — | $949K | — | as long as short |
| Bybit STONKUSDT | +0.1273% | 4h | 0.3660 | −0.302% | $1.5M | $7.0M | 5x | as long as short |
| Phoenix STONK | +0.1531% | 1h | 0.3691 | +0.531% | $193K | $231K | 3x | as long as short |
| BloFin STONK-USDT | +0.1588% | 4h | 0.3686 | +0.406% | $90K | $238K | 5x | as long as short |
| Gate STONK_USDT | +0.1768% | 4h | 0.3668 | −0.093% | $864K | $1.7M | 10x | as long as short |
| Aster STONKUSDT | +0.2697% | 1h | 0.3669 | −0.057% | $483K | $1.1M | 10x | as long as short |
| Lighter STONK | +0.5112% | 1h | 0.3686 | +0.403% | $430K | $629K | 5x | as long as short |
BingX STONK-USDT
Bybit STONKUSDT
Phoenix STONK
BloFin STONK-USDT
Gate STONK_USDT
Aster STONKUSDT
Lighter STONK