Funding you earn now, next payment 12:00 UTC+0.0216%/8h= +23.7% APRpaid last 24h +0.054%
Price spread now: MEXC against Bitget+0.037%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and MEXC is 0.037% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GBPUSDUSDT | 1.3354 | 0 | get 0.0000% / 8h | 6h 57m | $12K | $8K | 100x |
| Short | MEXC GBP_USDT | 1.3359 | 0.0216 | get 0.0108% / 4h | 2h 57m | $26.3M | $335K | 100x |
Bitget GBPUSDUSDT
MEXC GBP_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
- $45.36
- Price spread: +0.037% → 0.000%
- $3.74
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- $29.1
- Costs to cover
- 0.200%
- Break-even
- 2.5 days
Slippage unknown: Bitget: no order-book sample; MEXC: live order book, 1 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 1 min ago | 1.12 bp | 5.1 bp −$5 | 5.1 bp −$51 | 7.5 bp −$752 | 63.0 bp −$31.5K |
Bitget: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
GBP on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi GBP/USDT-P | −0.0080% | 1h | 1.3356 | +0.017% | $22K | $42K | 20x | as long as short |
| tradeXYZ xyz:GBP | 0.0000% | 1h | 1.3359 | +0.037% | $257K | $360K | 50x | as long as short |
| Lighter GBPUSD | 0.0000% | 1h | 1.3352 | −0.015% | $221K | $1.0M | 50x | as long as short |
| Bybit GBPUSDUSDT | 0.0000% | 8h | 1.3352 | −0.013% | $241K | $99K | 100x | as long as short |
| Gate GBPUSD_USDT | 0.0000% | 8h | 1.3365 | +0.082% | $221K | $14K | 100x | as long as short |
| Bitget GBPUSDUSDTlong | 0.0000% | 8h | 1.3354 | long leg | $12K | $8K | 100x | |
| SunX GBPUSD-USDT | 0.0000% | 1h | 1.3357 | +0.022% | — | $2.1M | 10x | as long as short |
| Kraken Futures PF_GBPUSD | 0.0000% | 1h | 1.3350 | −0.027% | $989 | — | 20x | as long as short |
| HTX GBPUSD-USDT | 0.0000% | 1h | 1.3378 | +0.180% | $5K | $336K | 20x | as long as short |
| Nado GBPUSD-PERP | +0.0014% | 1h | 1.3359 | +0.039% | $16K | $1K | 40x | as long as short |
Hibachi GBP/USDT-P
tradeXYZ xyz:GBP
Lighter GBPUSD
Bybit GBPUSDUSDT
Gate GBPUSD_USDT
SunX GBPUSD-USDT
Kraken Futures PF_GBPUSD
HTX GBPUSD-USDT
Nado GBPUSD-PERPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GBP-USD-PERP | +0.0038% | 1h | 1.3347 | −0.052% | — | $5K | 100x | as long as short |
| MEXC GBP_USDTshort | +0.0216% | 4h | 1.3359 | +0.037% | $26.3M | $335K | 100x | |
| Injective GBPUSD/USDC PERP | +0.0220% | 1h | 1.3504 | +1.120% | $11K | $72K | 101x | as long as short |
Vest GBP-USD-PERP
Injective GBPUSD/USDC PERP