Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against MEXC+0.128%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$740.740% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 7 days−0.048%−$5 · 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: Bitget is 0.163% dearer against MEXC than usual: you sell high and buy low, +$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 | MEXC W_USDT | 0.01170 | 0.0100 | pay 0.0050% / 4h | 2h 57m | $12.8M | $1.7M | 50x |
| Short | Bitget WUSDT | 0.01171 | 0.0100 | get 0.0050% / 4h | 2h 57m | $1.2M | $557K | 50x |
MEXC W_USDT
Bitget WUSDTFunding 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
- $0
- Price spread: +0.128% → −0.035%
- $16.33
- Slippage, 4 orders
- −$57.97
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$57.64
- Costs to cover
- 0.740%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 6 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, 6 min ago | 1.28 bp | 6.9 bp −$7 | 56.1 bp −$561 | 95.9 bp −$9,594 | 146.4 bp −$73.2K |
| Sell Bitget live order book, 4 min ago | 4.27 bp | 24.0 bp −$24 | 85.7 bp −$857 | doesn't fit | doesn't fit |
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 | 0.0000% | 1h | 0.01170 | +0.077% | $17K | $790 | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +3.378% | $1K | $1K | 12x | as long as short |
| OKX W-USDT-SWAP | +0.0039% | 4h | 0.01169 | −0.077% | $1.3M | $2.2M | 20x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01170 | +0.043% | $2.0M | $473K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01169 | −0.009% | $2.9M | $7.7M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01168 | −0.128% | $4.1M | $2.1M | 50x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01170 | +0.043% | $443K | $300K | 75x | as long as short |
| MEXC W_USDTlong | +0.0100% | 4h | 0.01170 | long leg | $12.8M | $1.7M | 50x | |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01168 | −0.128% | $419K | $231K | 50x | as long as short |
| Bitget WUSDTshort | +0.0100% | 4h | 0.01171 | +0.128% | $1.2M | $557K | 50x |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
OKX W-USDT-SWAP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
Gate W_USDT
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 | 0.01169 | −0.060% | — | $6.9M | — | as long as short |
| Backpack W_USDC_PERP | +0.0100% | 1h | 0.01171 | +0.145% | $43K | $50K | 15x | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01172 | +0.215% | $71K | $42K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01175 | +0.470% | $133K | $412K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01169 | −0.024% | $59K | $276K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0296% | 1h | 0.01179 | +0.778% | $14K | $18K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.0621% | 1h | 0.01172 | +0.249% | $145K | $189K | 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