Funding you earn now, next payment 00:00 UTC+0.0324%/8h= +35.5% APRnext payment +$1.62 per $10,000 · paid last 24h −0.021%
Price spread now: Bitget against MEXC+0.097%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1141.143% of the position
Funding, last 7 days−0.158%−$16 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now +0.097%, 7d avg +0.012%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bitget is 0.086% dearer against MEXC than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.012%. Mind the row above: over the last 7 days funding on this pair cost −0.158%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.158% in total (about -8.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.62 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 | MEXC US_USDT | 0.01641 | 0.0116 | pay 0.0058% / 4h | 1h 51m | $5.5M | $114K | 100x |
| Short | Bitget USUSDT | 0.01643 | 0.0440 | get 0.0220% / 4h | 1h 51m | $4.3M | $243K | 10x |
MEXC US_USDT
Bitget USUSDTFunding 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
- $68.04
- Price spread: +0.097% → +0.012%
- $8.56
- Slippage, 4 orders
- −$98.34
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$37.74
- Costs to cover
- 1.143%
- Break-even
- 10.9 days
Slippage from MEXC: live order book, 6 min ago; Bitget: 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 MEXC live order book, 6 min ago | 0.91 bp | 18.0 bp −$18 | 52.3 bp −$523 | 439.4 bp −$43.9K | doesn't fit |
| Sell Bitget live order book, 1 min ago | 13.70 bp | 32.0 bp −$32 | 253.6 bp −$2,536 | doesn't fit | doesn't fit |
US on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTM | −0.0100% | 4h | 0.01638 | −0.232% | $4.2M | $276K | 20x | as long as short |
| Aster USUSDT | +0.0100% | 4h | 0.01638 | −0.223% | $12K | $54K | 5x | as long as short |
| Bybit USUSDT | +0.0100% | 4h | 0.01641 | −0.030% | $3.2M | $845K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01637 | −0.262% | $2.1M | $545K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01642 | +0.065% | $16K | $3K | — | as long as short |
| MEXC US_USDTlong | +0.0116% | 4h | 0.01641 | long leg | $5.5M | $114K | 100x | |
| Binance USUSDT | +0.0116% | 4h | 0.01641 | +0.006% | $9.2M | $3.1M | 10x | as long as short |
| Extended US-USD | +0.0120% | 1h | 0.01641 | −0.035% | $4K | $141K | 5x | as long as short |
| BloFin US-USDT | +0.0131% | 4h | 0.01641 | −0.012% | $481K | $49K | 10x | as long as short |
| BingX US-USDT | +0.0370% | 4h | 0.01642 | +0.018% | — | $1.3M | — | as long as short |
KuCoin USUSDTM
Aster USUSDT
Bybit USUSDT
Gate US_USDT
Variational Omni US
Binance USUSDT
Extended US-USD
BloFin US-USDT
BingX US-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USUSDTshort | +0.0440% | 4h | 0.01643 | +0.097% | $4.3M | $243K | 10x |