Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.029%
Price spread now: MEXC against Bitget−0.289%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1001.001% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.240%+$24 · spread now −0.289%, 7d avg −0.074%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.215% cheaper against Bitget than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of −0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TOWNSUSDT | 0.002074 | 0.0100 | pay 0.0050% / 4h | 51m 36s | $339K | $43K | 5x |
| Short | MEXC TOWNS_USDT | 0.002068 | 0.0100 | get 0.0050% / 4h | 51m 36s | $398K | $119K | 100x |
Bitget TOWNSUSDT
MEXC TOWNS_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: −0.289% → −0.074%
- −$21.53
- Slippage, 4 orders
- −$84.05
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$121.58
- Costs to cover
- 1.001%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 64 min ago; MEXC: live order book, 54 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, 64 min ago | 9.66 bp | 35.9 bp −$36 | 688.1 bp −$6,881 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 54 min ago | 2.41 bp | 10.9 bp −$11 | 86.5 bp −$865 | 231.0 bp −$23.1K | doesn't fit |
TOWNS on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TOWNSUSDT | +0.0100% | 4h | 0.002075 | +0.058% | $10K | $6K | 5x | as long as short |
| Binance TOWNSUSDT | +0.0100% | 4h | 0.002067 | −0.317% | $2.0M | $1.3M | 10x | as long as short |
| Bybit TOWNSUSDT | +0.0100% | 4h | 0.002066 | −0.386% | $373K | $114K | 5x | as long as short |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002073 | −0.048% | $71K | $14K | 10x | as long as short |
| MEXC TOWNS_USDTshort | +0.0100% | 4h | 0.002068 | −0.289% | $398K | $119K | 100x | |
| KuCoin TOWNSUSDTM | +0.0100% | 4h | 0.002075 | +0.048% | $248K | $31K | 10x | as long as short |
| Bitget TOWNSUSDTlong | +0.0100% | 4h | 0.002074 | long leg | $339K | $43K | 5x | |
| BingX TOWNS-USDT | +0.0100% | 4h | 0.002073 | −0.048% | — | $2.3M | — | as long as short |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002076 | +0.080% | $194 | $555 | — | as long as short |
| BloFin TOWNS-USDT | +0.0128% | 4h | 0.002072 | −0.096% | $133K | $4K | 10x | as long as short |
Aster TOWNSUSDT
Binance TOWNSUSDT
Bybit TOWNSUSDT
Gate TOWNS_USDT
KuCoin TOWNSUSDTM
BingX TOWNS-USDT
Variational Omni TOWNS
BloFin TOWNS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TOWNS-PERP-INTX | +0.0816% | 1h | 0.002074 | 0.000% | $77K | $4K | 25x | as long as short |
| Deribit TOWNS_USDC-PERPETUAL | +0.1682% | 1h | 0.002074 | 0.000% | — | — | 25x | as long as short |
Coinbase International TOWNS-PERP-INTX
Deribit TOWNS_USDC-PERPETUAL