Settings8H · net · $10k
Funding arb · Price arb /

CP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against MEXC+0.121%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$830.826% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.136%−$14 on $10k
Price spread, last 7 days−0.325%−$32 · spread now +0.121%, 7d avg +0.009%
Together, before fees−0.461%−$46 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.112% dearer against MEXC than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CP_USDT0.014080.0100pay 0.0050% / 4h1h 55m$1.5M$391K20x
ShortBitget CPUSDT0.014100.0100get 0.0050% / 4h1h 55m$794K$1.7M20x

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

Funding earned
$0
Price spread: +0.121% → +0.009%
$11.15
Slippage, 4 orders
−$66.65
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$71.49
Costs to cover
0.826%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Bitget: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 1 min ago3.55 bp11.9 bp −$1262.8 bp −$628377.9 bp −$37.8Kdoesn't fit
Sell Bitget live order book, 1 min ago9.94 bp26.6 bp −$27105.6 bp −$1,056doesn't fitdoesn't fit

CP on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CP-USDT+0.0050%4h0.01406−0.142%$426$43K20xas long as short
BingX CP-USDT+0.0070%4h0.01410+0.142%$1.1Mas long as short
OKX CP-USDT-SWAP+0.0100%4h0.014080.000%$4.0M$11.9M20xas long as short
Gate CP_USDT+0.0100%4h0.01410+0.142%$610K$539K20xas long as short
MEXC CP_USDTlong+0.0100%4h0.01408long leg$1.5M$391K20x
KuCoin CPUSDTM+0.0100%4h0.01412+0.284%$205K$903K20xas long as short
Bitget CPUSDTshort+0.0100%4h0.01410+0.121%$794K$1.7M20x
Bybit CPUSDT+0.2095%4h0.01412+0.284%$1.6M$3.1M20xas long as short