Funding you earn now, next payment 08:00 UTC+0.1893%/8h= +207.3% APRnext payment +$18.93 per $10,000 · paid last 24h −0.012%
Price spread now: MEXC against Bitget−0.426%7-day average +0.146% · you buy dearer than you sell
Net, funding: paid 7d − costs−$335as in the Funding arb table
Net, price: spread back to 7d avg − costs−$377as in the Price arb table
costs, in and out, $10k−$3203.203% of the position
Funding, last 7 days−0.150%−$15 on $10k
+Price spread, last 4 days (all we have)+0.593%+$59 · spread now −0.426%, 7d avg +0.146%
=Funding pays, the price is against you. MEXC is 0.571% cheaper against Bitget than usual: you would sell low and buy high (spread −0.426% now, against its 7-day average of +0.146%). If the spread goes back, that is −$57 on $10k: about 24 hours of funding at the current rate (+$57 a day). Mind the row above: over the last 7 days funding on this pair cost −0.150%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.150% in total (about -7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$18.93 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 | Bitget MSTUUSDT | 45.895 | −0.1893 | get 0.1893% / 8h | 2h 02m | $2.8M | $4.4M | 20x |
| Short | MEXC MSTU_USDT | 45.700 | 0 | get 0.0000% / 8h | 2h 02m | $219K | $615K | 20x |
Bitget MSTUUSDT
MEXC MSTU_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
- $397.53
- Price spread: −0.426% → +0.146%
- −$57.14
- Slippage, 4 orders
- −$308.33
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $20.05
- Costs to cover
- 3.203%
- Break-even
- 6.6 days
Slippage from Bitget: live order book, 6 min ago; MEXC: live order book, 38 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, 6 min ago | 11.40 bp | 55.9 bp −$56 | 63.4 bp −$634 | 144.9 bp −$14.5K | doesn't fit |
| Sell MEXC live order book, 38 min ago | 12.17 bp | 90.2 bp −$90 | 194.7 bp −$1,947 | 234.2 bp −$23.4K | doesn't fit |
MSTU on 3 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 MSTUUSDTlong | −0.1893% | 8h | 45.895 | long leg | $2.8M | $4.4M | 20x | |
| Bybit MSTUUSDT | 0.0000% | 8h | 45.740 | −0.339% | $686K | $2.4M | 25x | as long as short |
| MEXC MSTU_USDTshort | 0.0000% | 8h | 45.700 | −0.426% | $219K | $615K | 20x |
Bybit MSTUUSDT