Funding you earn now, next payment 16:00 UTC−0.0136%/8h= −14.9% APRnext payment −$1.36 per $10,000 · paid last 24h −0.041%
Price spread now: MEXC against Bitget−0.083%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1631.633% of the position
Funding, last 7 days−0.148%−$15 on $10k
+Price spread, last 4 days (all we have)−0.073%−$7 · spread now −0.083%, 7d avg +0.055%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and MEXC is 0.139% cheaper against Bitget than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.055%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MSFUUSDT | 38.383 | 0 | get 0.0000% / 8h | 4h 51m | $95K | $392K | 20x |
| Short | MEXC MSFU_USDT | 38.351 | −0.0136 | pay 0.0136% / 8h | 4h 51m | $1.3M | $111K | 20x |
Bitget MSFUUSDT
MEXC MSFU_USDTFunding 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
- −$28.56
- Price spread: −0.083% → +0.055%
- −$13.87
- Slippage, 4 orders
- −$151.3
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$205.73
- Costs to cover
- 1.633%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 47 min ago; MEXC: live order book, 3 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, 47 min ago | 35.27 bp | 41.3 bp −$41 | 50.3 bp −$503 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 37.32 bp | 41.4 bp −$41 | 46.3 bp −$463 | 183.1 bp −$18.3K | doesn't fit |
MSFU on 6 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC MSFU_USDTshort | −0.0136% | 8h | 38.351 | −0.083% | $1.3M | $111K | 20x | |
| Bybit MSFUUSDT | 0.0000% | 8h | 38.490 | +0.279% | $17K | $22K | 25x | as long as short |
| Gate MSFU_USDT | 0.0000% | 8h | 38.340 | −0.112% | $99K | $1K | 20x | as long as short |
| Bitget MSFUUSDTlong | 0.0000% | 8h | 38.383 | long leg | $95K | $392K | 20x | |
| SunX MSFU-USDT | 0.0000% | 8h | 38.340 | −0.112% | — | $1.5M | 10x | as long as short |
| HTX MSFU-USDT | 0.0000% | 8h | 38.440 | +0.149% | $6K | $317K | 20x | as long as short |
Bybit MSFUUSDT
Gate MSFU_USDT
SunX MSFU-USDT
HTX MSFU-USDT