Funding you earn now, next payment 00:00 UTC+0.0252%/8h= +27.6% APRnext payment +$1.26 per $10,000 · paid last 24h −0.019%
Price spread now: MEXC against Bitget+0.078%7-day average +0.120% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$690.692% of the position
Funding, last 7 days−0.330%−$33 on $10k
+Price spread, last 4 days (all we have)+0.136%+$14 · spread now +0.078%, 7d avg +0.120%
=Funding pays, the price is against you. MEXC is 0.042% cheaper against Bitget than usual: you would sell low and buy high (spread +0.078% now, against its 7-day average of +0.120%). If the spread goes back, that is −$4 on $10k: about 13 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.330%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TUSDT | 0.005149 | −0.0416 | get 0.0208% / 4h | 2h 56m | $887K | $772K | 50x |
| Short | MEXC T_USDT | 0.005153 | −0.0164 | pay 0.0082% / 4h | 2h 56m | $3.1M | $277K | 20x |
Bitget TUSDT
MEXC T_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
- $52.92
- Price spread: +0.078% → +0.120%
- −$4.23
- Slippage, 4 orders
- −$53.24
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$20.54
- Costs to cover
- 0.692%
- Break-even
- 9.7 days
Slippage from Bitget: live order book, 29 min ago; MEXC: live order book, 1 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, 29 min ago | 1.95 bp | 30.6 bp −$31 | 110.5 bp −$1,105 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.97 bp | 9.3 bp −$9 | 27.3 bp −$273 | 121.1 bp −$12.1K | doesn't fit |
T on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TUSD | −0.4150% | 1h | 0.005150 | +0.016% | $2K | $2K | 10x | as long as short |
| Gate T_USDT | −0.0902% | 4h | 0.005157 | +0.155% | $214K | $120K | 20x | as long as short |
| Bybit TUSDT | −0.0883% | 4h | 0.005154 | +0.097% | $1.6M | $2.2M | 25x | as long as short |
| KuCoin TUSDTM | −0.0510% | 4h | 0.005155 | +0.117% | $1.3M | $112K | 12x | as long as short |
| Variational Omni T | −0.0454% | 4h | 0.005168 | +0.361% | $7K | $13K | — | as long as short |
| Bitget TUSDTlong | −0.0416% | 4h | 0.005149 | long leg | $887K | $772K | 50x | |
| Binance TUSDT | −0.0176% | 4h | 0.005151 | +0.039% | $3.2M | $10.4M | 50x | as long as short |
| MEXC T_USDTshort | −0.0164% | 4h | 0.005153 | +0.078% | $3.1M | $277K | 20x |
Kraken Futures PF_TUSD
Gate T_USDT
Bybit TUSDT
KuCoin TUSDTM
Variational Omni T
Binance TUSDT