Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.17 per $10,000 · paid last 24h +0.011%
Price spread now: MEXC against Bitget−0.032%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$160.160% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now −0.032%, 7d avg 0.000%
=Funding pays, the price is against you. MEXC is 0.032% cheaper against Bitget than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of 0.000%). If the spread goes back, that is −$3 on $10k: about 6.3 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BTCUSDT | 85,515.8 | 0.0068 | pay 0.0068% / 8h | 5h 56m | $2.94B | $5.01B | 150x |
| Short | MEXC BTC_USDT | 85,488.6 | 0.0085 | get 0.0085% / 8h | 5h 56m | $5.08B | $5.57B | 500x |
Bitget BTCUSDT
MEXC BTC_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
- $3.57
- Price spread: −0.032% → 0.000%
- −$3.23
- Slippage, 4 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$15.68
- Costs to cover
- 0.160%
- Break-even
- 37.8 days
Slippage from Bitget: live order book, 2 min ago; MEXC: 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 Bitget live order book, 2 min ago | 0.01 bp | 6.0 bp −$6 | 6.1 bp −$61 | 6.7 bp −$674 | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.01 bp | 2.0 bp −$2 | 2.0 bp −$20 | 2.3 bp −$231 | 2.8 bp −$1,419 |
BTC on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0144% | 1h | 85,498 | −0.021% | $2.1M | $10.1M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,608 | +0.108% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0048% | 1h | 85,462.3 | −0.063% | $363K | $2.3M | 50x | as long as short |
| dYdX BTC-USD | 0.0000% | 1h | 85,531.5 | +0.018% | $16.7M | $20.9M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,488.5 | −0.032% | $36.6M | — | 200x | as long as short |
| Aster BTCUSDT | +0.0019% | 8h | 85,505.8 | −0.012% | $515.4M | $1.12B | 200x | as long as short |
| Nado BTC-PERP | +0.0019% | 1h | 85,477.1 | −0.045% | $22.5M | $224.4M | 50x | as long as short |
| KuCoin XBTUSDTM | +0.0021% | 8h | 85,454 | −0.072% | $900.6M | $747.9M | 125x | as long as short |
| SoDEX BTC-USD | +0.0030% | 1h | 85,464 | −0.061% | $59.8M | $336.4M | 40x | as long as short |
| BingX BTC-USDC | +0.0055% | 8h | 85,479 | −0.043% | — | $17.0M | — | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Aster BTCUSDT
Nado BTC-PERP
KuCoin XBTUSDTM
SoDEX BTC-USD
BingX BTC-USDCShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BTC-USDT | +0.0055% | 8h | 85,473.5 | −0.049% | $2.27B | $930.9M | 200x | as long as short |
| Reya BTCRUSDPERP | +0.0063% | 1h | 85,457.5 | −0.068% | $6.7M | $146.4M | 40x | as long as short |
| Bitget BTCUSDTlong | +0.0068% | 8h | 85,515.8 | long leg | $2.94B | $5.01B | 150x | |
| Popdex BTCUSDT | +0.0072% | 1h | 85,463 | −0.062% | $8.3M | $51.5M | 100x | as long as short |
| SunX BTC-USDT | +0.0073% | 8h | 85,453.9 | −0.072% | $2.9M | $6.4M | 100x | as long as short |
| Injective BTC/USDC PERP | +0.0079% | 1h | 85,617 | +0.118% | $340K | $26.9M | 52x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,469 | −0.055% | $2.4M | $1.7M | 20x | as long as short |
| Binance BTCUSDT | +0.0085% | 8h | 85,501.1 | −0.017% | $9.33B | $23.90B | 150x | as long as short |
| MEXC BTC_USDTshort | +0.0085% | 8h | 85,488.6 | −0.032% | $5.08B | $5.57B | 500x | |
| Lighter BTC | +0.0096% | 1h | 85,474.4 | −0.048% | $169.3M | $981.8M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,491.8 | −0.028% | $23.9M | $146.8M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0099% | 8h | 85,513.3 | −0.003% | $3.8M | $8.3M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,440 | −0.089% | $204K | $7.6M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,539 | +0.027% | $3.76B | $4.92B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,512 | −0.004% | $40.1M | $571.6M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,510.7 | −0.006% | $5.32B | $9.58B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,514.1 | −0.002% | $2.56B | $12.10B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,473 | −0.050% | $3.9M | $17.8M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,446 | −0.082% | $7.1M | $96.4M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,494.1 | −0.025% | $5.57B | $10.37B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,474.6 | −0.048% | $34.8M | $168.8M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,545 | +0.034% | $154.0M | $554.0M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,553.1 | +0.044% | $278.3M | $939.9M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,581.5 | +0.077% | $214.8M | $161.4M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,594.5 | +0.092% | $139.9M | $316.3M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,539.1 | +0.027% | $30.2M | $211.1M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,538.5 | +0.027% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,464 | −0.061% | $11.0M | $14.1M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,474.3 | −0.049% | $188K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,464.6 | −0.060% | $2.4M | $8.9M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,506.1 | −0.011% | $196K | $722K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,469.3 | −0.054% | $30.0M | $52.7M | 15x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,481.9 | −0.040% | $149.6M | $478.8M | 150x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,593.2 | +0.091% | $605.0M | $283.5M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,480.1 | −0.042% | $44.2M | $227.1M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,556.3 | +0.047% | — | $101.8M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,515 | −0.001% | $130.4M | $5.06B | 50x | as long as short |
| RISEx BTC/USDC | +0.0120% | 1h | 85,498 | −0.021% | $8.4M | $42.1M | 25x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0139% | 1h | 85,492.3 | −0.028% | $186.9M | $951.6M | 100x | as long as short |
| Deribit BTC-PERPETUAL | +0.0166% | 1h | 85,517.1 | +0.001% | $894.8M | $1.52B | 50x | as long as short |
| Aftermath Perps BTCUSD | +0.0188% | 1h | 85,583.9 | +0.080% | $78K | $219K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0192% | 1h | 85,577.9 | +0.073% | $682K | $7.8M | 30x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0203% / S −0.0184% | 1h | 85,485.2 | −0.036% | $13.5M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0212% | 8h | 85,509 | −0.008% | $10.2M | $765.2M | 6.4x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,512.5 | −0.004% | $509K | $19.7M | 6.7x | as long as short |
HTX BTC-USDT
Reya BTCRUSDPERP
Popdex BTCUSDT
SunX BTC-USDT
Injective BTC/USDC PERP
Aevo BTC-PERP
Binance BTCUSDT
Lighter BTC
Lighter RH BTC
Paradex BTC-USD-PERP
Katana Perps BTC-USD
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Gate BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
Phemex BTCUSDT
Bulk BTC-USD
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
RISEx BTC/USDC
Kraken Futures PF_XBTUSD
Deribit BTC-PERPETUAL
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Perpl BTC