Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget−0.128%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$840.837% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 7 days+0.206%+$21 · spread now −0.128%, 7d avg +0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.164% cheaper against Bitget than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget WUSDT | 0.01169 | 0.0100 | pay 0.0050% / 4h | 2h 42m | $1.3M | $540K | 50x |
| Short | MEXC W_USDT | 0.01167 | 0.0100 | get 0.0050% / 4h | 2h 42m | $12.3M | $1.4M | 50x |
Bitget WUSDT
MEXC W_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
- Price spread: −0.128% → +0.035%
- −$16.38
- Slippage, 4 orders
- −$67.71
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$100.09
- Costs to cover
- 0.837%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; MEXC: live order book, 1 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 | 8.54 bp | 38.7 bp −$39 | 155.7 bp −$1,557 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.28 bp | 11.0 bp −$11 | 57.8 bp −$578 | 84.8 bp −$8,477 | 172.2 bp −$86.1K |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0007% | 1h | 0.01168 | −0.103% | $14K | $3K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +3.422% | $1K | $1K | 12x | as long as short |
| Gate W_USDT | +0.0082% | 4h | 0.01167 | −0.180% | $427K | $237K | 75x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01169 | 0.000% | $2.0M | $289K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01168 | −0.103% | $2.9M | $5.3M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01166 | −0.231% | $4.1M | $1.6M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01167 | −0.171% | $1.3M | $1.6M | 20x | as long as short |
| MEXC W_USDTshort | +0.0100% | 4h | 0.01167 | −0.128% | $12.3M | $1.4M | 50x | |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01167 | −0.171% | $387K | $196K | 50x | as long as short |
| Bitget WUSDTlong | +0.0100% | 4h | 0.01169 | long leg | $1.3M | $540K | 50x |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Gate W_USDT
Hyperliquid W
Binance WUSDT
Bybit WUSDT
OKX W-USDT-SWAP
KuCoin WUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01167 | −0.145% | — | $6.7M | — | as long as short |
| Backpack W_USDC_PERP | +0.0100% | 1h | 0.01169 | +0.009% | $43K | $42K | 15x | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01169 | −0.030% | $71K | $40K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01172 | +0.251% | $124K | $375K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01167 | −0.141% | $60K | $147K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0400% | 1h | 0.01178 | +0.727% | $14K | $13K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.1747% | 1h | 0.01170 | +0.067% | $145K | $185K | 20x | as long as short |
BingX W-USDT
Backpack W_USDC_PERP
Variational Omni W
GRVT W_USDT_Perp
Extended W-USD
Coinbase International W-PERP-INTX
Kraken Futures PF_WUSD