Funding you earn now, next payment 04:00 UTC+0.0140%/8h= +15.3% APRnext payment +$0.70 per $10,000 · paid last 24h +0.037%
Price spread now: MEXC against Bitget+0.238%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$203as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$2302.304% of the position
Funding, last 7 days+0.271%+$27 on $10k
+Price spread, last 4 days (all we have)−0.230%−$23 · spread now +0.238%, 7d avg +0.013%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and MEXC is 0.225% dearer against Bitget than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget WETUSDT | 0.07140 | 0.0100 | pay 0.0050% / 4h | 51m 21s | $593K | $183K | 25x |
| Short | MEXC WET_USDT | 0.07157 | 0.0240 | get 0.0120% / 4h | 51m 21s | $178K | $166K | 50x |
Bitget WETUSDT
MEXC WET_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
- $29.4
- Price spread: +0.238% → +0.013%
- $22.53
- Slippage, 4 orders
- −$214.37
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$178.44
- Costs to cover
- 2.304%
- Break-even
- 49.5 days
Slippage from Bitget: live order book, 4 min ago; MEXC: live order book, 44 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 | 11.27 bp | 110.4 bp −$110 | 646.4 bp −$6,464 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 44 min ago | 0.68 bp | 28.1 bp −$28 | 99.9 bp −$999 | 363.5 bp −$36.3K | doesn't fit |
WET on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit WETUSDT | +0.0100% | 4h | 0.07143 | +0.042% | $1.6M | $1.5M | 50x | as long as short |
| OKX WET-USDT-SWAP | +0.0100% | 4h | 0.07164 | +0.336% | $809K | $3.6M | 20x | as long as short |
| Gate WET_USDT | +0.0100% | 8h | 0.07138 | −0.028% | $1.1M | $80K | 50x | as long as short |
| KuCoin WETUSDTM | +0.0100% | 4h | 0.07135 | −0.070% | $693K | $737K | 50x | as long as short |
| Bitget WETUSDTlong | +0.0100% | 4h | 0.07140 | long leg | $593K | $183K | 25x | |
| BloFin WET-USDT | +0.0130% | 4h | 0.07118 | −0.308% | $91K | $11K | 50x | as long as short |
| Binance WETUSDT | +0.0230% | 4h | 0.07156 | +0.224% | $1.4M | $5.1M | 50x | as long as short |
| MEXC WET_USDTshort | +0.0240% | 4h | 0.07157 | +0.238% | $178K | $166K | 50x | |
| BingX WET-USDT | +0.0256% | 4h | 0.07155 | +0.210% | — | $6.6M | — | as long as short |
| Aster WETUSDT | +0.0770% | 4h | 0.07122 | −0.249% | $15K | $35K | 5x | as long as short |
Bybit WETUSDT
OKX WET-USDT-SWAP
Gate WET_USDT
KuCoin WETUSDTM
BloFin WET-USDT
Binance WETUSDT
BingX WET-USDT
Aster WETUSDT