Funding you earn now, next payment 00:00 UTC−0.0109%/8h= −11.9% APRnext payment −$1.09 per $10,000 · paid last 24h −0.089%
Price spread now: Bitget against MEXC−0.002%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$650.652% of the position
Funding, last 7 days−0.223%−$22 on $10k
+Price spread, last 7 days−0.002%$0 · spread now −0.002%, 7d avg +0.030%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.032% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.030%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SOXX_USDT | 559.50 | 0.0109 | pay 0.0109% / 8h | 2h 03m | $2.8M | $148K | 50x |
| Short | Bitget SOXXUSDT | 559.49 | 0 | get 0.0000% / 8h | 2h 03m | $2.7M | $750K | 20x |
MEXC SOXX_USDT
Bitget SOXXUSDTFunding 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
- −$22.89
- Price spread: −0.002% → +0.030%
- −$3.2
- Slippage, 4 orders
- −$53.24
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$91.34
- Costs to cover
- 0.652%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bitget: live order book, 4 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 | 1.97 bp | 2.0 bp −$2 | 2.8 bp −$28 | 149.5 bp −$14.9K | doesn't fit |
| Sell Bitget live order book, 4 min ago | 1.43 bp | 29.6 bp −$30 | 40.5 bp −$405 | doesn't fit | doesn't fit |
SOXX on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOXXUSDT | 0.0000% | 8h | 558.21 | −0.231% | $526K | $551K | 25x | as long as short |
| Gate SOXX_USDT | 0.0000% | 8h | 559.50 | 0.000% | $1.1M | $396K | 20x | as long as short |
| Bitget SOXXUSDTshort | 0.0000% | 8h | 559.49 | −0.002% | $2.7M | $750K | 20x | |
| HTX SOXX-USDT | 0.0000% | 8h | 555.42 | −0.729% | $7K | $38K | 10x | as long as short |
| MEXC SOXX_USDTlong | +0.0109% | 8h | 559.50 | long leg | $2.8M | $148K | 50x |
Bybit SOXXUSDT
Gate SOXX_USDT
HTX SOXX-USDT