Funding you earn now, next payment 08:00 UTC−0.0307%/8h= −33.6% APRpaid last 24h −0.113%
Price spread now: Bitget against Binance+0.280%7-day average +0.335% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1351.346% of the position
Funding, last 7 days−0.357%−$36 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now +0.280%, 7d avg +0.335%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Bitget is 0.055% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.335%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MEITUANUSDT | 9.3179 | 0.0358 | pay 0.0179% / 4h | 1h 32m | $1.2M | $589K | 20x |
| Short | Bitget MEITUANUSDT | 9.3440 | 0.0051 | get 0.0051% / 8h | 1h 32m | $349K | $196K | 5x |
Binance MEITUANUSDT
Bitget MEITUANUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$64.44
- Price spread: +0.280% → +0.335%
- −$5.47
- Slippage, 4 orders
- −$112.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$204.5
- Costs to cover
- 1.346%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; Bitget: live order book, 7 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 Binance live order book, 15 min ago | 10.71 bp | 30.6 bp −$31 | 216.0 bp −$2,160 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 7 min ago | 0.54 bp | 70.7 bp −$71 | 87.2 bp −$872 | doesn't fit | doesn't fit |
MEITUAN 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MEITUANUSDT | 0.0000% | 8h | 9.3120 | −0.064% | $3K | $842 | 20x | as long as short |
| Bybit MEITUANUSDT | 0.0000% | 8h | 9.3400 | +0.237% | $49K | $7K | 25x | as long as short |
| Gate MEITUAN_USDT | 0.0000% | 8h | 9.3400 | +0.237% | $263K | $36K | 25x | as long as short |
| HTX MEITUAN-USDT | 0.0000% | 4h | 9.3200 | +0.023% | $6K | $3K | 10x | as long as short |
| Bitget MEITUANUSDTshort | +0.0051% | 8h | 9.3440 | +0.280% | $349K | $196K | 5x | |
| KuCoin MEITUANUSDTM | +0.0192% | 4h | 9.3480 | +0.323% | $18K | $2.8M | 20x | as long as short |
| Binance MEITUANUSDTlong | +0.0358% | 4h | 9.3179 | long leg | $1.2M | $589K | 20x | |
| edgeX MEITUANUSDC | +0.0901% | 4h | 9.3141 | −0.040% | $10K | $222K | 10x | as long as short |
Aster MEITUANUSDT
Bybit MEITUANUSDT
Gate MEITUAN_USDT
HTX MEITUAN-USDT
KuCoin MEITUANUSDTM
edgeX MEITUANUSDC