Funding you earn now, next payment 08:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.35 per $10,000 · paid last 24h −0.070%
Price spread now: MEXC against Bitget−0.068%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$720.724% of the position
Funding, last 7 days−0.645%−$65 on $10k
+Price spread, last 4 days (all we have)+0.095%+$9 · spread now −0.068%, 7d avg +0.018%
=Funding pays, the price is against you. MEXC is 0.086% cheaper against Bitget than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of +0.018%). If the spread goes back, that is −$9 on $10k: about 8.2 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.645%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget INTWUSDT | 33.743 | 0 | get 0.0000% / 8h | 7h 36m | $423K | $1.6M | 20x |
| Short | MEXC INTW_USDT | 33.720 | 0.0035 | get 0.0035% / 8h | 7h 36m | $1.4M | $413K | 50x |
Funding 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
- $7.35
- Price spread: −0.068% → +0.018%
- −$8.58
- Slippage, 4 orders
- −$60.4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$73.63
- Costs to cover
- 0.724%
- Break-even
- 77.1 days
Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, 4 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, 5 min ago | 5.33 bp | 38.8 bp −$39 | 115.8 bp −$1,158 | 228.9 bp −$22.9K | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.48 bp | 1.5 bp −$1 | 6.3 bp −$63 | 154.0 bp −$15.4K | doesn't fit |
INTW on 8 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 INTWUSDT | 0.0000% | 8h | 33.720 | −0.068% | $785K | $1.1M | 25x | as long as short |
| OKX INTW-USDT-SWAP | 0.0000% | 8h | 33.740 | −0.009% | $333K | $2.4M | 25x | as long as short |
| Gate INTW_USDT | 0.0000% | 8h | 33.680 | −0.187% | $547K | $2.0M | 25x | as long as short |
| Bitget INTWUSDTlong | 0.0000% | 8h | 33.743 | long leg | $423K | $1.6M | 20x | |
| HTX INTW-USDT | 0.0000% | 8h | 33.710 | −0.098% | $10K | $7K | 10x | as long as short |
| MEXC INTW_USDTshort | +0.0035% | 8h | 33.720 | −0.068% | $1.4M | $413K | 50x | |
| Binance INTWUSDT | +0.0035% | 8h | 33.740 | −0.009% | $3.1M | $32.9M | 25x | as long as short |
| KuCoin INTWUSDTM | +0.0100% | 8h | 33.710 | −0.098% | $62K | $101K | 20x | as long as short |
Bitget INTWUSDT
MEXC INTW_USDT
Bybit INTWUSDT
OKX INTW-USDT-SWAP
Gate INTW_USDT
HTX INTW-USDT
Binance INTWUSDT
KuCoin INTWUSDTM