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: Bitget against MEXC−0.258%7-day average +0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as 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)+0.300%+$30 · spread now −0.258%, 7d avg +0.099%
=Funding pays, the price is against you. Bitget is 0.357% cheaper against MEXC than usual: you would sell low and buy high (spread −0.258% now, against its 7-day average of +0.099%). If the spread goes back, that is −$36 on $10k: about 2 months of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC VELODROME_USDT | 0.03026 | 0.0100 | pay 0.0050% / 4h | 2h 14m | $244K | $91K | 50x |
| Short | Bitget VELODROMEUSDT | 0.03018 | 0.0118 | get 0.0059% / 4h | 2h 14m | $534K | $25K | 20x |
MEXC VELODROME_USDT
Bitget VELODROMEUSDTFunding 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
- $3.78
- Price spread: −0.258% → +0.099%
- −$35.67
- Slippage, 4 orders
- −$122.73
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$170.62
- Costs to cover
- 1.387%
- Break-even
- 323.0 days
Slippage from MEXC: live order book, 15 min ago; Bitget: live order book, 30 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, 15 min ago | 5.00 bp | 19.2 bp −$19 | 74.8 bp −$748 | 277.1 bp −$27.7K | 550.8 bp −$275.4K |
| Sell Bitget live order book, 30 min ago | 14.64 bp | 57.1 bp −$57 | 497.5 bp −$4,975 | doesn't fit | doesn't fit |
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 | 0.000% | $7.8M | $1.5M | 50x | as long as short |
| Bybit VELODROMEUSDT | +0.0100% | 4h | 0.03020 | −0.192% | $815K | $334K | 20x | as long as short |
| MEXC VELODROME_USDTlong | +0.0100% | 4h | 0.03026 | long leg | $244K | $91K | 50x | |
| Variational Omni VELODROME | +0.0100% | 4h | 0.03011 | −0.509% | $79K | $3K | — | as long as short |
| BingX VELODROME-USDT | +0.0114% | 4h | 0.03025 | −0.033% | — | $1.3M | — | as long as short |
| Bitget VELODROMEUSDTshort | +0.0118% | 4h | 0.03018 | −0.258% | $534K | $25K | 20x | |
| Gate VELODROME_USDT | +0.0310% | 4h | 0.03017 | −0.297% | $126K | $7K | 20x | as long as short |
Binance VELODROMEUSDT
Bybit VELODROMEUSDT
Variational Omni VELODROME
BingX VELODROME-USDT
Gate VELODROME_USDT