Funding you earn now, next payment 08:00 UTC−0.2067%/8h= −226.3% APRnext payment −$20.67 per $10,000 · paid last 24h +0.012%
Price spread now: Bitget against MEXC+0.218%7-day average −0.150% · you sell dearer than you buy
Net, funding: paid 7d − costs−$302as in the Funding arb table
Net, price: spread back to 7d avg − costs−$280as in the Price arb table
costs, in and out, $10k−$3173.165% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 4 days (all we have)−0.363%−$36 · spread now +0.218%, 7d avg −0.150%
=The price spread pays, funding is against you. Bitget is 0.368% dearer against MEXC than usual: you sell high and buy low (spread +0.218% now, against its 7-day average of −0.150%): +$37 on $10k if it goes back. Holding the pair costs −$62 a day in funding at the current rate, which eats that in about 14 hours. Mind the row above: over the last 7 days funding on this pair paid +0.150%, so the current rate has only just turned against you.
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 −$20.67 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 | MEXC MSTU_USDT | 45.700 | 0 | get 0.0000% / 8h | 2h 50m | $220K | $596K | 20x |
| Short | Bitget MSTUUSDT | 45.800 | −0.2067 | pay 0.2067% / 8h | 2h 50m | $2.8M | $4.1M | 20x |
MEXC MSTU_USDT
Bitget MSTUUSDTFunding 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
- −$434.07
- Price spread: +0.218% → −0.150%
- $36.77
- Slippage, 4 orders
- −$304.5
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$713.8
- Costs to cover
- 3.165%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 54 min ago; Bitget: live order book, 2 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, 54 min ago | 14.11 bp | 120.3 bp −$120 | 206.3 bp −$2,063 | 233.1 bp −$23.3K | doesn't fit |
| Sell Bitget live order book, 2 min ago | 4.01 bp | 35.7 bp −$36 | 66.2 bp −$662 | doesn't fit | 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 MSTUUSDTshort | −0.2067% | 8h | 45.800 | +0.218% | $2.8M | $4.1M | 20x | |
| Bybit MSTUUSDT | 0.0000% | 8h | 45.670 | −0.066% | $688K | $2.4M | 25x | as long as short |
| MEXC MSTU_USDTlong | 0.0000% | 8h | 45.700 | long leg | $220K | $596K | 20x |
Bybit MSTUUSDT