Funding you earn now, next payment 04:00 UTC+0.0230%/8h= +25.2% APRnext payment +$1.15 per $10,000 · paid last 24h +0.014%
Price spread now: Bitget against MEXC−0.028%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$590.590% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 7 days+0.065%+$7 · spread now −0.028%, 7d avg +0.043%
=Funding pays, the price is against you. Bitget is 0.072% cheaper against MEXC than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of +0.043%). If the spread goes back, that is −$7 on $10k: about 25 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.087% in total) that is about 5.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.087% in total (about 4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.15 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 BANK_USDT | 0.03515 | 0.0100 | pay 0.0050% / 4h | 2h 15m | $2.5M | $591K | 20x |
| Short | Bitget BANKUSDT | 0.03514 | 0.0330 | get 0.0165% / 4h | 2h 15m | $2.9M | $3.5M | 25x |
MEXC BANK_USDT
Bitget BANKUSDTFunding 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
- $48.3
- Price spread: −0.028% → +0.043%
- −$7.19
- Slippage, 4 orders
- −$47.04
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$17.92
- Costs to cover
- 0.590%
- Break-even
- 9.6 days
Slippage from MEXC: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago | 1.42 bp | 7.3 bp −$7 | 26.2 bp −$262 | 111.1 bp −$11.1K | 324.9 bp −$162.5K |
| Sell Bitget live order book, 2 min ago | 4.26 bp | 23.0 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
BANK on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03513 | −0.069% | $55K | $125K | 5x | as long as short |
| Binance BANKUSDT | +0.0100% | 4h | 0.03517 | +0.060% | $7.9M | $32.1M | 50x | as long as short |
| Bybit BANKUSDT | +0.0100% | 4h | 0.03518 | +0.085% | $2.9M | $6.6M | 20x | as long as short |
| MEXC BANK_USDTlong | +0.0100% | 4h | 0.03515 | long leg | $2.5M | $591K | 20x | |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03516 | +0.028% | $1.2M | $177K | 50x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03521 | +0.171% | $40K | $269K | 20x | as long as short |
| edgeX BANKUSDC | +0.0119% | 4h | 0.03516 | +0.022% | $1K | $245K | 5x | as long as short |
| Gate BANK_USDT | +0.0236% | 4h | 0.03515 | 0.000% | $721K | $1.4M | 10x | as long as short |
| BingX BANK-USDT | +0.0308% | 4h | 0.03517 | +0.057% | — | $6.9M | — | as long as short |
| Bitget BANKUSDTshort | +0.0330% | 4h | 0.03514 | −0.028% | $2.9M | $3.5M | 25x |
Aster BANKUSDT
Binance BANKUSDT
Bybit BANKUSDT
KuCoin BANKUSDTM
HTX BANK-USDT
edgeX BANKUSDC
Gate BANK_USDT
BingX BANK-USDT