Funding you earn now, next payment 16:00 UTC+0.0200%/8h= +21.9% APRnext payment +$2.00 per $10,000 · paid last 24h +0.020%
Price spread now: MEXC against Bitget−0.022%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$2122.123% of the position
Funding, last 7 days+0.154%+$15 on $10k
+Price spread, last 4 days (all we have)+0.005%+$1 · spread now −0.022%, 7d avg −0.039%
=The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XLUUSDT | 40.747 | 0 | get 0.0000% / 8h | 7h 03m | $339K | $72K | 20x |
| Short | MEXC XLU_USDT | 40.738 | 0.0200 | get 0.0200% / 8h | 7h 03m | $473K | $82K | 20x |
Bitget XLUUSDT
MEXC XLU_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
- $42
- Price spread: −0.022% → −0.039%
- $1.66
- Slippage, 4 orders
- −$200.33
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$168.67
- Costs to cover
- 2.123%
- Break-even
- 35.1 days
Slippage from Bitget: live order book, 22 min ago; MEXC: live order book, 16 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, 22 min ago | 18.57 bp | 68.5 bp −$69 | 106.2 bp −$1,062 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 16 min ago | 31.36 bp | 74.3 bp −$74 | 117.8 bp −$1,178 | 210.3 bp −$21.0K | doesn't fit |
XLU on 6 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 XLUUSDT | 0.0000% | 8h | 40.720 | −0.066% | $72K | $265K | 25x | as long as short |
| Gate XLU_USDT | 0.0000% | 8h | 40.770 | +0.056% | $23K | $2K | 20x | as long as short |
| Bitget XLUUSDTlong | 0.0000% | 8h | 40.747 | long leg | $339K | $72K | 20x | |
| HTX XLU-USDT | 0.0000% | 8h | 40.500 | −0.606% | $5K | $336K | 20x | as long as short |
| SunX XLU-USDT | +0.0100% | 8h | 40.690 | −0.140% | — | $2.0M | 10x | as long as short |
| MEXC XLU_USDTshort | +0.0200% | 8h | 40.738 | −0.022% | $473K | $82K | 20x |
Bybit XLUUSDT
Gate XLU_USDT
HTX XLU-USDT
SunX XLU-USDT