Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 119.76 | −0.1328 | get 0.1328% / 8h | 7h 46m | $1.0M | $780K | 20x | Long Bitget | |
| SHORT | 120.13 | −0.4426 | pay 0.2213% / 4h | 3h 46m | $34K | $120K | 20x | Short MEXC |
Price gap+0.309%
Funding gap−0.3098% /8h
The gap pays +$26 on $10k if it goes back to its 7d average, but funding costs $93 a day and eats that in about 7 hours. At the last 7 days' pace that is about 3.2 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$56−0.3098% /8h now · paid −0.565% over the last 7D
Price+$26spread +0.309% now, avg +0.049% → +0.260% if it goes back
Costs−$3653.646% of $10k · taker + slippage, in and out
Result−$395−3.95%no points
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.565% in total, about −0.0269%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.309%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hHANMI on 12 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size39.5 / 123.5 bpAt $10k entering MEXC costs 123.5 bp, fee and slippage, 3.1× Bitget’s.
- Note: Margin at max leverage$500 + $500Bitget 20x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$92.94Long Bitget: 3 payments, +$39.84; short MEXC: 6 payments, −$132.78.
- OK: Entry gap works for you+0.309% vs +0.049%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$34K vs $1.0M OIMEXC sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBitget Yes · MEXC YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0269%/8h × 21 periods−$56.46
Price spread+0.309% → +0.049% (7d avg)+$26.03
Slippage, 4 orderslive order books−$348.56
Fee Bitget bp × 2 orders−$12.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$394.99
Costs to cover3.646%Break-evennever at this rate
Slippage: Bitget: live order book, 9 min ago; MEXC: live order book, 19 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget11.2839.5 bp−$39doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC23.46123.5 bp−$124271.2 bp−$2,712doesn’t fitdoesn’t fit
Closing costs about the same again.

