Funding you earn now, next payment 08:00 UTC−0.1452%/8h= −159.0% APRnext payment −$14.52 per $10,000 · paid last 24h +0.070%
Price spread now: Bitget against MEXC+0.037%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1081.081% of the position
Funding, last 7 days+0.646%+$65 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now +0.037%, 7d avg −0.036%
=The price spread pays, funding is against you. Bitget is 0.073% dearer against MEXC than usual: you sell high and buy low (spread +0.037% now, against its 7-day average of −0.036%): +$7 on $10k if it goes back. Holding the pair costs −$44 a day in funding at the current rate, which eats that in about 4 hours. Mind the row above: over the last 7 days funding on this pair paid +0.646%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.646% in total (about 33.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$14.52 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC INTW_USDT | 32.050 | 0 | get 0.0000% / 8h | 22m 49s | $1.3M | $415K | 50x |
| Short | Bitget INTWUSDT | 32.062 | −0.1452 | pay 0.1452% / 8h | 22m 49s | $302K | $1.7M | 20x |
MEXC INTW_USDT
Bitget INTWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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
- −$304.92
- Price spread: +0.037% → −0.036%
- $7.33
- Slippage, 4 orders
- −$96.09
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$405.68
- Costs to cover
- 1.081%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bitget: 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 MEXC live order book, 3 min ago | 6.24 bp | 6.2 bp −$6 | 9.5 bp −$95 | 138.2 bp −$13.8K | doesn't fit |
| Sell Bitget live order book, 4 min ago | 11.53 bp | 51.6 bp −$52 | 61.2 bp −$612 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget INTWUSDTshort | −0.1452% | 8h | 32.062 | +0.037% | $302K | $1.7M | 20x | |
| Binance INTWUSDT | 0.0000% | 8h | 32.059 | +0.028% | $3.1M | $34.9M | 25x | as long as short |
| Bybit INTWUSDT | 0.0000% | 8h | 32.020 | −0.094% | $717K | $1.2M | 25x | as long as short |
| OKX INTW-USDT-SWAP | 0.0000% | 8h | 32.050 | 0.000% | $295K | $2.5M | 25x | as long as short |
| Gate INTW_USDT | 0.0000% | 8h | 32.030 | −0.062% | $497K | $2.1M | 25x | as long as short |
| MEXC INTW_USDTlong | 0.0000% | 8h | 32.050 | long leg | $1.3M | $415K | 50x | |
| HTX INTW-USDT | 0.0000% | 8h | 32.020 | −0.094% | $10K | $8K | 10x | as long as short |
| KuCoin INTWUSDTM | +0.0100% | 8h | 32.010 | −0.125% | $58K | $119K | 20x | as long as short |
Binance INTWUSDT
Bybit INTWUSDT
OKX INTW-USDT-SWAP
Gate INTW_USDT
HTX INTW-USDT
KuCoin INTWUSDTM