Funding you earn now, next payment 04:00 UTC−0.0182%/8h= −19.9% APRnext payment −$0.91 per $10,000 · paid last 24h −0.115%
Price spread now: Bitget against MEXC−0.160%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$619as in the Funding arb table
Net, price: spread back to 7d avg − costs−$619as in the Price arb table
costs, in and out, $10k−$5985.977% of the position
Funding, last 7 days−0.212%−$21 on $10k
+Price spread, last 4 days (all we have)+0.172%+$17 · spread now −0.160%, 7d avg +0.052%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.212% cheaper against MEXC than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.052%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TRUST_USDT | 0.06236 | 0.0282 | pay 0.0141% / 4h | 3h 41m | $218K | $98K | 50x |
| Short | Bitget TRUSTUSDT | 0.06226 | 0.0100 | get 0.0050% / 4h | 3h 41m | $671K | $67K | 10x |
Funding 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
- −$38.22
- Price spread: −0.160% → +0.052%
- −$21.21
- Slippage, 4 orders
- −$581.67
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$657.1
- Costs to cover
- 5.977%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Bitget: live order book, 29 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, 4 min ago | 1.59 bp | 35.0 bp −$35 | 120.5 bp −$1,205 | 883.2 bp −$88.3K | doesn't fit |
| Sell Bitget live order book, 29 min ago | 10.78 bp | 286.7 bp −$287 | doesn't fit | doesn't fit | doesn't fit |
TRUST on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TRUSTUSDT | +0.0100% | 4h | 0.06239 | +0.048% | $521K | $341K | 25x | as long as short |
| OKX TRUST-USDT-SWAP | +0.0100% | 4h | 0.06237 | +0.016% | $116K | $217K | 10x | as long as short |
| Gate TRUST_USDT | +0.0100% | 8h | 0.06256 | +0.321% | $511K | $27K | 10x | as long as short |
| KuCoin TRUSTUSDTM | +0.0100% | 4h | 0.06224 | −0.192% | $292K | $724K | 10x | as long as short |
| Bitget TRUSTUSDTshort | +0.0100% | 4h | 0.06226 | −0.160% | $671K | $67K | 10x | |
| Binance TRUSTUSDT | +0.0272% | 4h | 0.06241 | +0.076% | $1.7M | $1.4M | 10x | as long as short |
| MEXC TRUST_USDTlong | +0.0282% | 4h | 0.06236 | long leg | $218K | $98K | 50x | |
| BingX TRUST-USDT | +0.0288% | 4h | 0.06254 | +0.289% | — | $6.5M | — | as long as short |
| Aster TRUSTUSDT | +0.0362% | 4h | 0.06220 | −0.257% | $10K | $7K | 5x | as long as short |
| Variational Omni TRUST | +0.3391% | 4h | 0.06253 | +0.273% | $57K | $409 | — | as long as short |
MEXC TRUST_USDT
Bitget TRUSTUSDT
Bybit TRUSTUSDT
OKX TRUST-USDT-SWAP
Gate TRUST_USDT
KuCoin TRUSTUSDTM
Binance TRUSTUSDT
BingX TRUST-USDT
Aster TRUSTUSDT
Variational Omni TRUST