Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 37.989 | 0 | 0.0000% / 8h | 7h 58m | $147K | $79K | 20x | Long Bitget | |
| SHORT | 37.955 | −0.1046 | pay 0.1046% / 8h | 7h 58m | $252K | $100K | 20x | Short MEXC |
Price gap−0.088%
Funding gap−0.1046% /8h
Both sides work against this direction now: funding costs $31 a day on $10k and the gap is 0.102% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$83−0.1046% /8h now · paid −0.827% over the last 7D
Price−$10spread −0.088% now, avg +0.013% → −0.102% if it goes back
Costs−$2092.088% of $10k · taker + slippage, in and out
Result−$302−3.02%no points
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.088%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hTBT on 10 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size98.1 / 28.3 bpAt $10k entering Bitget costs 98.1 bp, fee and slippage, 3.5× MEXC’s.
- Note: Margin at max leverage$500 + $500Bitget 20x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$31.38Long Bitget: 3 payments, $0.00; short MEXC: 3 payments, −$31.38.
- Watch: Gap narrower than usual−0.088% vs +0.013%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$147K vs $252K OIBitget sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBitget Yes · MEXC YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0394%/8h × 21 periods−$82.69
Price spread−0.088% → +0.013% (7d avg)−$10.16
Slippage, 4 orderslive order books−$188.83
Fee Bitget bp × 2 orders−$12.00
Fee MEXC bp × 2 orders−$8.00
Net · 7 days · $10k−$301.68
Costs to cover2.088%Break-evennever at this rate
Slippage: Bitget: live order book, 19 min ago; MEXC: live order book, 31 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget15.9698.1 bp−$98464.5 bp−$4,645doesn’t fitdoesn’t fit
SELL · SHORTMEXC11.8828.3 bp−$28156.7 bp−$1,567229.1 bp−$22.9Kdoesn’t fit
Closing costs about the same again.
TBT news
posts that mention TBT, from every exchange| 11-04 18:03 | Variational Omni | Listing | ProShares UltraShort 20+ Year Treasury $TBT perps are now live with zero fees and up to 10x leverage. @variational_io on X ↗ |
| 11-04 07:12 | Variational Omni | Listing | new market TBT ($TBT) seen by our collector |
Variational Omni