Funding you earn now, next payment 04:00 UTC+0.0386%/8h= +42.3% APRnext payment +$1.93 per $10,000 · paid last 24h +0.018%
Price spread now: MEXC against Bitget+0.038%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1251.249% of the position
Funding, last 7 days+0.065%+$6 on $10k
+Price spread, last 4 days (all we have)+0.055%+$6 · spread now +0.038%, 7d avg +0.051%
=The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.065% in total (about 3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.93 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget THEUSDT | 0.07955 | 0.0100 | pay 0.0050% / 4h | 2h 53m | $391K | $331K | 10x |
| Short | MEXC THE_USDT | 0.07958 | 0.0486 | get 0.0243% / 4h | 2h 53m | $176K | $134K | 50x |
Bitget THEUSDT
MEXC THE_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
- $81.06
- Price spread: +0.038% → +0.051%
- −$1.35
- Slippage, 4 orders
- −$108.94
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$45.23
- Costs to cover
- 1.249%
- Break-even
- 10.9 days
Slippage from Bitget: live order book, 7 min ago; MEXC: live order book, 52 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, 7 min ago | 11.31 bp | 65.8 bp −$66 | 750.2 bp −$7,502 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 52 min ago | 3.71 bp | 14.4 bp −$14 | 75.5 bp −$755 | doesn't fit | doesn't fit |
THE 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX THE-USDT | +0.0070% | 4h | 0.07949 | −0.075% | — | $6.5M | — | as long as short |
| Gate THE_USDT | +0.0100% | 4h | 0.07930 | −0.314% | $66K | $67K | 10x | as long as short |
| Bitget THEUSDTlong | +0.0100% | 4h | 0.07955 | long leg | $391K | $331K | 10x | |
| KuCoin THEUSDTM | +0.0320% | 4h | 0.07949 | −0.075% | $118K | $82K | 10x | as long as short |
| Aster THEUSDT | +0.0334% | 4h | 0.07931 | −0.300% | $5K | $7K | 5x | as long as short |
| Binance THEUSDT | +0.0485% | 4h | 0.07952 | −0.043% | $2.0M | $3.8M | 10x | as long as short |
| MEXC THE_USDTshort | +0.0486% | 4h | 0.07958 | +0.038% | $176K | $134K | 50x | |
| BloFin THE-USDT | +0.0511% | 4h | 0.07923 | −0.402% | $129K | $4K | 50x | as long as short |
| Bybit THEUSDT | +0.1281% | 4h | 0.07948 | −0.088% | $544K | $346K | 20x | as long as short |
BingX THE-USDT
Gate THE_USDT
KuCoin THEUSDTM
Aster THEUSDT
Binance THEUSDT
BloFin THE-USDT
Bybit THEUSDT