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: Bitget against MEXC+0.083%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as 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 for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.139% dearer against MEXC than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MSFU_USDT | 38.351 | −0.0136 | get 0.0136% / 8h | 4h 51m | $1.3M | $111K | 20x |
| Short | Bitget MSFUUSDT | 38.383 | 0 | get 0.0000% / 8h | 4h 51m | $95K | $392K | 20x |
MEXC MSFU_USDT
Bitget MSFUUSDTFunding 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
- $28.56
- Price spread: +0.083% → −0.055%
- $13.88
- Slippage, 4 orders
- −$151.3
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$120.86
- Costs to cover
- 1.633%
- Break-even
- 36.6 days
Slippage from MEXC: live order book, 3 min ago; Bitget: live order book, 47 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 | 37.32 bp | 39.4 bp −$39 | 45.0 bp −$450 | 183.8 bp −$18.4K | doesn't fit |
| Sell Bitget live order book, 47 min ago | 35.27 bp | 41.3 bp −$41 | 60.6 bp −$606 | doesn't fit | 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_USDTlong | −0.0136% | 8h | 38.351 | long leg | $1.3M | $111K | 20x | |
| Bybit MSFUUSDT | 0.0000% | 8h | 38.490 | +0.362% | $17K | $22K | 25x | as long as short |
| Gate MSFU_USDT | 0.0000% | 8h | 38.340 | −0.029% | $99K | $1K | 20x | as long as short |
| Bitget MSFUUSDTshort | 0.0000% | 8h | 38.383 | +0.083% | $95K | $392K | 20x | |
| SunX MSFU-USDT | 0.0000% | 8h | 38.340 | −0.029% | — | $1.5M | 10x | as long as short |
| HTX MSFU-USDT | 0.0000% | 8h | 38.440 | +0.232% | $6K | $317K | 20x | as long as short |
Bybit MSFUUSDT
Gate MSFU_USDT
SunX MSFU-USDT
HTX MSFU-USDT