Funding you earn now, next payment 00:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.42 per $10,000 · paid last 24h +0.159%
Price spread now: Bitget against MEXC−0.058%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$770.775% of the position
Funding, last 7 days+0.781%+$78 on $10k
+Price spread, last 7 days+0.102%+$10 · spread now −0.058%, 7d avg −0.035%
=Funding pays, the price is against you. Bitget is 0.023% cheaper against MEXC than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of −0.035%). If the spread goes back, that is −$2 on $10k: about 22 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.781% in total) that is about 5 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC VTHO_USDT | 0.0006954 | −0.1332 | get 0.0666% / 4h | 57m 43s | $1.7M | $180K | 20x |
| Short | Bitget VTHOUSDT | 0.0006950 | −0.1248 | pay 0.0624% / 4h | 57m 43s | $1.2M | $1.1M | 50x |
Funding 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
- $17.64
- Price spread: −0.058% → −0.035%
- −$2.26
- Slippage, 4 orders
- −$61.48
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$62.1
- Costs to cover
- 0.775%
- Break-even
- 31.6 days
Slippage from MEXC: live order book, 4 min ago; Bitget: 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 MEXC live order book, 4 min ago | 0.72 bp | 11.7 bp −$12 | 50.3 bp −$503 | 141.0 bp −$14.1K | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.88 bp | 25.4 bp −$25 | 74.0 bp −$740 | doesn't fit | 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 | −0.1332% | 4h | 0.0006953 | −0.014% | $5.0M | $11.5M | 50x | as long as short |
| MEXC VTHO_USDTlong | −0.1332% | 4h | 0.0006954 | long leg | $1.7M | $180K | 20x | |
| BingX VTHO-USDT | −0.1270% | 4h | 0.0006956 | +0.029% | — | $1.4M | — | as long as short |
| Bitget VTHOUSDTshort | −0.1248% | 4h | 0.0006950 | −0.058% | $1.2M | $1.1M | 50x | |
| Gate VTHO_USDT | −0.1140% | 4h | 0.0006964 | +0.144% | $401K | $330K | 25x | as long as short |
MEXC VTHO_USDT
Bitget VTHOUSDT
Binance VTHOUSDT
BingX VTHO-USDT
Gate VTHO_USDT