B

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0418%/8h= +45.8% APRnext payment +$2.09 per $10,000 · paid last 24h −0.108%

Price spread now: Bitget against MEXC+0.049%7-day average −0.090% · you sell dearer than you buy

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$700.696% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.281%−$28 on $10k

Price spread, last 7 days−0.218%−$22 · spread now +0.049%, 7d avg −0.090%

Together, before fees−0.498%−$50 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Bitget is 0.139% dearer against MEXC than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.090%. Mind the row above: over the last 7 days funding on this pair cost −0.281%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.281% in total (about -14.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.09 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 B_USDT	0.2037	0.0782	pay 0.0391% / 4h	26m 58s	$980K	$351K	100x
Short	Bitget BUSDT	0.2038	0.1200	get 0.0600% / 4h	26m 58s	$2.8M	$239K	10x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BitgetbpOrdersPrice spread, now +0.049%Rate

Funding earned: $87.78
Price spread: +0.049% → −0.090%: $13.94
Slippage, 4 orders: −$53.6
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bitget: 6 bp × 2 orders: −$12
Net: $32.12
Costs to cover: 0.696%
Break-even: 4.4 days

Slippage from MEXC: live order book, 48 min ago; Bitget: live order book, 5 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, 48 min ago	2.47 bp	9.2 bp −$9	78.1 bp −$781	230.2 bp −$23.0K	doesn't fit
Sell Bitget live order book, 5 min ago	7.35 bp	29.1 bp −$29	173.8 bp −$1,738	doesn't fit	doesn't fit

B on 11 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
Gate B_USDT	+0.0100%	4h	0.2036	−0.049%	$3.5M	$598K	20x	as long as short
KuCoin BUSDTM	+0.0322%	4h	0.2037	−0.020%	$1.9M	$72K	10x	as long as short
Bybit BUSDT	+0.0569%	4h	0.2034	−0.123%	$1.8M	$977K	13x	as long as short
BloFin B-USDT	+0.0748%	4h	0.2034	−0.147%	$596K	$39K	20x	as long as short
edgeX BUSDC	+0.0774%	4h	0.2038	+0.062%	$3K	$389K	5x	as long as short
MEXC B_USDTlong	+0.0782%	4h	0.2037	long leg	$980K	$351K	100x
Binance BUSDT	+0.0784%	4h	0.2037	+0.023%	$11.8M	$2.0M	20x	as long as short
Extended B-USD	+0.0784%	1h	0.2037	+0.004%	$15K	$117K	5x	as long as short
BingX B-USDT	+0.1146%	4h	0.2038	+0.049%	—	$1.2M	—	as long as short
Bitget BUSDTshort	+0.1200%	4h	0.2038	+0.049%	$2.8M	$239K	10x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BUSDT	+0.1432%	4h	0.2037	0.000%	$1.9M	$211K	5x	as long as short