US

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0192%/8h= +21.0% APRnext payment +$0.96 per $10,000 · paid last 24h +0.038%

Price spread now: MEXC against Bitget−0.219%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$140as in the Funding arb table

Net, price: spread back to 7d avg − costs−$178as in the Price arb table

costs, in and out, $10k−$1571.568% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.169%+$17 on $10k

Price spread, last 7 days+0.054%+$5 · spread now −0.219%, 7d avg −0.010%

Together, before fees+0.222%+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.209% cheaper against Bitget than usual: you would sell low and buy high (spread −0.219% now, against its 7-day average of −0.010%). If the spread goes back, that is −$21 on $10k: about 3.6 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.169% in total) that is about 8.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget USUSDT	0.01642	0.0544	pay 0.0272% / 4h	2h 08m	$4.3M	$262K	10x
Short	MEXC US_USDT	0.01639	0.0736	get 0.0368% / 4h	2h 08m	$5.5M	$115K	100x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee MEXCbpOrdersPrice spread, now −0.219%Rate

Funding earned: $40.32
Price spread: −0.219% → −0.010%: −$20.87
Slippage, 4 orders: −$140.77
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$137.32
Costs to cover: 1.568%
Break-even: 30.8 days

Slippage from Bitget: live order book, 4 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, 4 min ago	13.96 bp	57.3 bp −$57	463.5 bp −$4,635	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.30 bp	20.8 bp −$21	68.6 bp −$686	380.3 bp −$38.0K	doesn't fit

US 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 USUSDT	+0.0100%	4h	0.01640	−0.177%	$3.2M	$908K	20x	as long as short
Gate US_USDT	+0.0100%	4h	0.01638	−0.286%	$2.1M	$597K	20x	as long as short
KuCoin USUSDTM	+0.0100%	4h	0.01639	−0.213%	$4.1M	$289K	20x	as long as short
Variational Omni US	+0.0100%	4h	0.01644	+0.074%	$16K	$3K	—	as long as short
Bitget USUSDTlong	+0.0544%	4h	0.01642	long leg	$4.3M	$262K	10x
Aster USUSDT	+0.0715%	4h	0.01640	−0.162%	$12K	$53K	5x	as long as short
Extended US-USD	+0.0736%	1h	0.01639	−0.183%	$5K	$99K	5x	as long as short
MEXC US_USDTshort	+0.0736%	4h	0.01639	−0.219%	$5.5M	$115K	100x
Binance USUSDT	+0.0737%	4h	0.01639	−0.219%	$9.1M	$3.3M	10x	as long as short
BingX US-USDT	+0.0744%	4h	0.01640	−0.177%	—	$1.3M	—	as long as short