Funding you earn now, next payment 08:00 UTC+0.0215%/8h= +23.5% APRnext payment +$2.15 per $10,000 · paid last 24h +0.040%
Price spread now: Bitget against MEXC−0.170%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$270.269% of the position
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 7 days+0.159%+$16 · spread now −0.170%, 7d avg −0.011%
=Funding pays, the price is against you. Bitget is 0.160% cheaper against MEXC than usual: you would sell low and buy high (spread −0.170% now, against its 7-day average of −0.011%). If the spread goes back, that is −$16 on $10k: about 2.5 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.117% in total) that is about 9.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.117% in total (about 6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.15 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 ARB_USDT | 0.2229 | −0.0140 | get 0.0140% / 8h | 5h 10m | $38.3M | $59.4M | 200x |
| Short | Bitget ARBUSDT | 0.2225 | 0.0075 | get 0.0075% / 8h | 5h 10m | $21.2M | $34.6M | 50x |
MEXC ARB_USDT
Bitget ARBUSDTFunding 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
- $45.15
- Price spread: −0.170% → −0.011%
- −$15.95
- Slippage, 4 orders
- −$14.9
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $2.29
- Costs to cover
- 0.269%
- Break-even
- 6.6 days
Slippage from MEXC: live order book, 3 min ago; Bitget: live order book, 3 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 | 0.22 bp | 1.6 bp −$2 | 7.8 bp −$78 | 32.5 bp −$3,248 | 66.1 bp −$33.0K |
| Sell Bitget live order book, 3 min ago | 2.24 bp | 12.0 bp −$12 | 23.0 bp −$230 | 116.6 bp −$11.7K | doesn't fit |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1577% | 1h | 0.2213 | −0.709% | $40K | $372K | 12x | as long as short |
| OKX ARB-USDT-SWAP | −0.0140% | 8h | 0.2228 | −0.013% | $22.5M | $150.4M | 50x | as long as short |
| MEXC ARB_USDTlong | −0.0140% | 8h | 0.2229 | long leg | $38.3M | $59.4M | 200x | |
| Variational Omni ARB | −0.0140% | 8h | 0.2223 | −0.259% | $1.9M | $2.9M | — | as long as short |
| 01 Exchange ARBUSD | −0.0112% | 1h | 0.2229 | +0.009% | $7K | $2K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0110% | 1h | 0.2228 | −0.018% | $88K | $2.1M | 10x | as long as short |
| Gate ARB_USDT | −0.0103% | 8h | 0.2229 | +0.022% | $5.4M | $19.2M | 60x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0098% | 1h | 0.2228 | −0.026% | $1.1M | $4.4M | 50x | as long as short |
| SoDEX ARB-USD | −0.0076% | 1h | 0.2227 | −0.076% | $10K | $2.3M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0075% | 8h | 0.2227 | −0.081% | $13K | $386K | 10x | as long as short |
Injective ARB/USDC PERP
OKX ARB-USDT-SWAP
Variational Omni ARB
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Gate ARB_USDT
Kraken Futures PF_ARBUSD
SoDEX ARB-USD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARBUSDT | −0.0074% | 8h | 0.2229 | +0.018% | $56.8M | $125.9M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2230 | +0.072% | $66K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2228 | −0.058% | $25K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0013% | 1h | 0.2226 | −0.106% | $11K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0024% | 8h | 0.2229 | +0.029% | $65.1M | $306.6M | 75x | as long as short |
| Extended ARB-USD | +0.0024% | 1h | 0.2228 | −0.049% | $353K | $2.5M | 25x | as long as short |
| Phemex ARBUSDT | +0.0039% | 8h | 0.2225 | −0.170% | $5.0M | $12.9M | 50x | as long as short |
| Bitget ARBUSDTshort | +0.0075% | 8h | 0.2225 | −0.170% | $21.2M | $34.6M | 50x | |
| BingX ARB-USDC | +0.0078% | 8h | 0.2227 | −0.067% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2228 | −0.054% | $141K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0095% | 8h | 0.2228 | −0.040% | $3.1M | $2.6M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2229 | +0.027% | $1.2M | $6.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2231 | +0.117% | $38.6M | $49.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2228 | −0.051% | $652K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2229 | +0.022% | $43K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2230 | +0.036% | $19.7M | $15.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2227 | −0.101% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2229 | +0.008% | $483K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2227 | −0.081% | $120K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2227 | −0.081% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2227 | −0.067% | $303K | $939K | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2223 | −0.242% | $498K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0232% | 1h | 0.2230 | +0.067% | $485K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2226 | −0.123% | $830K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2225 | −0.178% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0564% | 1h | 0.2231 | +0.103% | $1.0M | $2.8M | 20x | as long as short |
Bybit ARBUSDT
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Phemex ARBUSDT
BingX ARB-USDC
Aevo ARB-PERP
BloFin ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP