Funding you earn now, next payment 00:00 UTC−0.0090%/8h= −9.9% APRnext payment −$0.45 per $10,000 · paid last 24h −0.159%
Price spread now: MEXC against Bitget−0.318%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$650.652% of the position
Funding, last 7 days−0.781%−$78 on $10k
+Price spread, last 7 days+0.262%+$26 · spread now −0.318%, 7d avg +0.034%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.352% cheaper against Bitget than usual: you would sell low and buy high (−$35 if the spread goes back to its 7-day average of +0.034%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget VTHOUSDT | 0.0006927 | −0.1758 | get 0.0879% / 4h | 6m 28s | $1.2M | $1.1M | 50x |
| Short | MEXC VTHO_USDT | 0.0006905 | −0.1848 | pay 0.0924% / 4h | 6m 28s | $1.7M | $184K | 20x |
Bitget VTHOUSDT
MEXC VTHO_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
- −$18.9
- Price spread: −0.318% → +0.034%
- −$35.21
- Slippage, 4 orders
- −$49.18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$119.29
- Costs to cover
- 0.652%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 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, 5 min ago | 5.07 bp | 25.5 bp −$26 | 86.6 bp −$866 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.45 bp | 10.4 bp −$10 | 36.6 bp −$366 | 126.9 bp −$12.7K | doesn't fit |
VTHO on 5 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 VTHOUSDT | −0.1849% | 4h | 0.0006902 | −0.361% | $5.0M | $11.6M | 50x | as long as short |
| MEXC VTHO_USDTshort | −0.1848% | 4h | 0.0006905 | −0.318% | $1.7M | $184K | 20x | |
| Bitget VTHOUSDTlong | −0.1758% | 4h | 0.0006927 | long leg | $1.2M | $1.1M | 50x | |
| BingX VTHO-USDT | −0.1748% | 4h | 0.0006915 | −0.173% | — | $1.4M | — | as long as short |
| Gate VTHO_USDT | −0.1682% | 4h | 0.0006917 | −0.144% | $397K | $339K | 25x | as long as short |
Binance VTHOUSDT
BingX VTHO-USDT
Gate VTHO_USDT