Funding you earn now, next payment 16:00 UTC+0.0110%/8h= +12.0% APRnext payment +$1.10 per $10,000 · paid last 24h +0.006%
Price spread now: Bitget against Gate−0.021%7-day average +0.202% · you buy dearer than you sell
Net, funding: paid 7d − costs−$668as in the Funding arb table
Net, price: spread back to 7d avg − costs−$702as in the Price arb table
costs, in and out, $10k−$6796.795% of the position
Funding, last 7 days+0.118%+$12 on $10k
+Price spread, last 4 days (all we have)+0.298%+$30 · spread now −0.021%, 7d avg +0.202%
=Funding pays, the price is against you. Bitget is 0.224% cheaper against Gate than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.202%). If the spread goes back, that is −$22 on $10k: about 6.8 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MEITUAN_USDT | 9.3750 | 0 | get 0.0000% / 8h | 7h 09m | $269K | $17K | 25x |
| Short | Bitget MEITUANUSDT | 9.3730 | 0.0110 | get 0.0110% / 8h | 7h 09m | $351K | $194K | 5x |
Gate MEITUAN_USDT
Bitget MEITUANUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $23.1
- Price spread: −0.021% → +0.202%
- −$22.38
- Slippage, 4 orders
- −$652.47
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$678.75
- Costs to cover
- 6.795%
- Break-even
- 212.7 days
Slippage from Gate: live order book, 17 min ago; Bitget: live order book, 20 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 Gate live order book, 17 min ago | 29.24 bp | 340.3 bp −$340 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 20 min ago | 17.08 bp | 24.1 bp −$24 | 42.8 bp −$428 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MEITUANUSDC | −0.0189% | 4h | 9.3535 | −0.229% | $10K | $221K | 10x | as long as short |
| Aster MEITUANUSDT | 0.0000% | 8h | 9.3600 | −0.160% | $3K | $262 | 20x | as long as short |
| Bybit MEITUANUSDT | 0.0000% | 8h | 9.3700 | −0.053% | $49K | $5K | 25x | as long as short |
| Gate MEITUAN_USDTlong | 0.0000% | 8h | 9.3750 | long leg | $269K | $17K | 25x | |
| HTX MEITUAN-USDT | 0.0000% | 4h | 9.3500 | −0.267% | $6K | $2K | 10x | as long as short |
| KuCoin MEITUANUSDTM | +0.0100% | 4h | 9.3350 | −0.427% | $19K | $2.8M | 20x | as long as short |
| Bitget MEITUANUSDTshort | +0.0110% | 8h | 9.3730 | −0.021% | $351K | $194K | 5x | |
| Binance MEITUANUSDT | +0.0134% | 4h | 9.3550 | −0.213% | $1.2M | $612K | 20x | as long as short |
edgeX MEITUANUSDC
Aster MEITUANUSDT
Bybit MEITUANUSDT
HTX MEITUAN-USDT
KuCoin MEITUANUSDTM
Binance MEITUANUSDT