Funding you earn now, next payment 12:00 UTC+0.0140%/8h= +15.3% APRnext payment +$0.70 per $10,000 · paid last 24h +0.143%
Price spread now: MEXC against Bitget−0.024%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1311.307% of the position
Funding, last 7 days+0.487%+$49 on $10k
+Price spread, last 4 days (all we have)+0.062%+$6 · spread now −0.024%, 7d avg +0.048%
=Funding pays, the price is against you. MEXC is 0.072% cheaper against Bitget than usual: you would sell low and buy high (spread −0.024% now, against its 7-day average of +0.048%). If the spread goes back, that is −$7 on $10k: about 41 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XANUSDT | 0.01238 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $412K | $132K | 50x |
| Short | MEXC XAN_USDT | 0.01238 | 0.0240 | get 0.0120% / 4h | 1h 58m | $9.0M | $115K | 50x |
Bitget XANUSDT
MEXC XAN_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: −0.024% → +0.048%
- −$7.23
- Slippage, 4 orders
- −$114.69
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$108.52
- Costs to cover
- 1.307%
- Break-even
- 32.8 days
Slippage from Bitget: live order book, 49 min ago; MEXC: live order book, 3 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, 49 min ago | 6.87 bp | 40.6 bp −$41 | 417.7 bp −$4,177 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 5.25 bp | 18.6 bp −$19 | 54.6 bp −$546 | 335.1 bp −$33.5K | doesn't fit |
XAN on 9 exchanges
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 XANUSDT | +0.0100% | 4h | 0.01235 | −0.275% | $1.0M | $199K | 13x | as long as short |
| Gate XAN_USDT | +0.0100% | 4h | 0.01238 | −0.016% | $247K | $38K | 20x | as long as short |
| KuCoin XANUSDTM | +0.0100% | 4h | 0.01239 | +0.065% | $613K | $1.8M | 50x | as long as short |
| Bitget XANUSDTlong | +0.0100% | 4h | 0.01238 | long leg | $412K | $132K | 50x | |
| Variational Omni XAN | +0.0100% | 4h | 0.01235 | −0.250% | $8K | $2K | — | as long as short |
| Binance XANUSDT | +0.0232% | 4h | 0.01238 | −0.001% | $2.1M | $1.3M | 50x | as long as short |
| MEXC XAN_USDTshort | +0.0240% | 4h | 0.01238 | −0.024% | $9.0M | $115K | 50x | |
| BingX XAN-USDT | +0.0256% | 4h | 0.01236 | −0.153% | — | $1.3M | — | as long as short |
| Aster XANUSDT | +0.0451% | 4h | 0.01237 | −0.089% | $44K | $9K | 5x | as long as short |
Bybit XANUSDT
Gate XAN_USDT
KuCoin XANUSDTM
Variational Omni XAN
Binance XANUSDT
BingX XAN-USDT
Aster XANUSDT