Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.03 per $10,000 · paid last 24h +0.007%
Price spread now: MEXC against Bitget+0.011%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$220.220% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now +0.011%, 7d avg +0.011%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget USDCUSDT | 0.9994 | −0.0157 | get 0.0157% / 8h | 6h 54m | $4.3M | $17K | 50x |
| Short | MEXC USDC_USDT | 0.9995 | −0.0154 | pay 0.0154% / 8h | 6h 54m | $19.4M | $584K | 200x |
Bitget USDCUSDT
MEXC USDC_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
- $0.63
- Price spread: +0.011% → +0.011%
- −$0.03
- Slippage, 4 orders
- −$2.01
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$21.41
- Costs to cover
- 0.220%
- Break-even
- 244.9 days
Slippage from Bitget: live order book, 4 min ago; MEXC: live order book, 9 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 | 0.50 bp | 6.5 bp −$7 | 6.5 bp −$65 | 12.1 bp −$1,213 | doesn't fit |
| Sell MEXC live order book, 9 min ago | 0.05 bp | 4.1 bp −$4 | 4.1 bp −$41 | 4.1 bp −$412 | 4.6 bp −$2,308 |
USDC on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget USDCUSDTlong | −0.0157% | 8h | 0.9994 | long leg | $4.3M | $17K | 50x | |
| Binance USDCUSDT | −0.0155% | 8h | 0.9995 | +0.011% | $4.6M | $4.3M | 50x | as long as short |
| MEXC USDC_USDTshort | −0.0154% | 8h | 0.9995 | +0.011% | $19.4M | $584K | 200x | |
| KuCoin USDCUSDTM | −0.0079% | 8h | 0.9990 | −0.035% | $2.5M | $20K | 30x | as long as short |
| Kraken Futures PF_USDCUSD | −0.0059% | 1h | 0.9997 | +0.035% | $14K | $930 | 50x | as long as short |
| Bybit USDCUSDT | 0.0000% | 8h | 1.0001 | +0.070% | $9.5M | $346K | 50x | as long as short |
| OKX USDC-USDT-SWAP | 0.0000% | 8h | 1.0000 | +0.059% | $1.1M | $43K | 50x | as long as short |
| Gate USDC_USDT | +0.0100% | 8h | 0.9990 | −0.040% | $253K | $35K | 50x | as long as short |
Binance USDCUSDT
KuCoin USDCUSDTM
Kraken Futures PF_USDCUSD
Bybit USDCUSDT
OKX USDC-USDT-SWAP
Gate USDC_USDT