Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget+0.292%7-day average −0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1391.387% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)−0.334%−$33 · spread now +0.292%, 7d avg −0.099%
=The price spread pays, funding is against you. MEXC is 0.391% dearer against Bitget than usual: you sell high and buy low (spread +0.292% now, against its 7-day average of −0.099%): +$39 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget VELODROMEUSDT | 0.03016 | 0.0118 | pay 0.0059% / 4h | 2h 15m | $534K | $25K | 20x |
| Short | MEXC VELODROME_USDT | 0.03025 | 0.0100 | get 0.0050% / 4h | 2h 15m | $244K | $91K | 50x |
Bitget VELODROMEUSDT
MEXC VELODROME_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
- −$3.78
- Price spread: +0.292% → −0.099%
- $39.06
- Slippage, 4 orders
- −$122.73
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$103.45
- Costs to cover
- 1.387%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 29 min ago; MEXC: live order book, 14 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, 29 min ago | 14.64 bp | 41.0 bp −$41 | 556.8 bp −$5,568 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 14 min ago | 5.00 bp | 21.4 bp −$21 | 88.6 bp −$886 | 277.5 bp −$27.8K | 546.6 bp −$273.3K |
VELODROME on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance VELODROMEUSDT | +0.0100% | 4h | 0.03026 | +0.325% | $7.8M | $1.5M | 50x | as long as short |
| Bybit VELODROMEUSDT | +0.0100% | 4h | 0.03019 | +0.090% | $815K | $334K | 20x | as long as short |
| MEXC VELODROME_USDTshort | +0.0100% | 4h | 0.03025 | +0.292% | $244K | $91K | 50x | |
| Variational Omni VELODROME | +0.0100% | 4h | 0.03011 | −0.186% | $79K | $3K | — | as long as short |
| BingX VELODROME-USDT | +0.0114% | 4h | 0.03023 | +0.225% | — | $1.3M | — | as long as short |
| Bitget VELODROMEUSDTlong | +0.0118% | 4h | 0.03016 | long leg | $534K | $25K | 20x | |
| Gate VELODROME_USDT | +0.0310% | 4h | 0.03016 | −0.007% | $126K | $7K | 20x | as long as short |
Binance VELODROMEUSDT
Bybit VELODROMEUSDT
Variational Omni VELODROME
BingX VELODROME-USDT
Gate VELODROME_USDT