Funding you earn now, next payment 08:00 UTC+0.0130%/8h= +14.2% APRnext payment +$1.30 per $10,000 · paid last 24h +0.013%
Price spread now: MEXC against Bitget−0.148%7-day average +0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1151.153% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)+0.135%+$13 · spread now −0.148%, 7d avg +0.096%
=Funding pays, the price is against you. MEXC is 0.244% cheaper against Bitget than usual: you would sell low and buy high (spread −0.148% now, against its 7-day average of +0.096%). If the spread goes back, that is −$24 on $10k: about 6.2 days 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 AAPUUSDT | 45.947 | 0 | get 0.0000% / 8h | 5h 09m | $129K | $47K | 20x |
| Short | MEXC AAPU_USDT | 45.879 | 0.0130 | get 0.0130% / 8h | 5h 09m | $2.9M | $687K | 20x |
Bitget AAPUUSDT
MEXC AAPU_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
- $27.3
- Price spread: −0.148% → +0.096%
- −$24.36
- Slippage, 4 orders
- −$103.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$112.33
- Costs to cover
- 1.153%
- Break-even
- 35.8 days
Slippage from Bitget: live order book, 45 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, 45 min ago | 12.41 bp | 41.7 bp −$42 | 52.2 bp −$522 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 20.81 bp | 21.6 bp −$22 | 45.3 bp −$453 | 198.5 bp −$19.9K | doesn't fit |
AAPU on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate AAPU_USDT | 0.0000% | 8h | 45.940 | −0.015% | $70K | $2K | 20x | as long as short |
| Bitget AAPUUSDTlong | 0.0000% | 8h | 45.947 | long leg | $129K | $47K | 20x | |
| MEXC AAPU_USDTshort | +0.0130% | 8h | 45.879 | −0.148% | $2.9M | $687K | 20x |
Gate AAPU_USDT