Funding you earn now, next payment 00:00 UTC+0.0154%/8h= +16.9% APRnext payment +$0.77 per $10,000 · paid last 24h −0.052%
Price spread now: MEXC against Bitget−0.073%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$460.462% of the position
Funding, last 7 days−0.160%−$16 on $10k
+Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.073%, 7d avg −0.032%
=Funding pays, the price is against you. MEXC is 0.041% cheaper against Bitget than usual: you would sell low and buy high (spread −0.073% now, against its 7-day average of −0.032%). If the spread goes back, that is −$4 on $10k: about 21 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.160%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CVCUSDT | 0.02752 | −0.0114 | get 0.0057% / 4h | 26m 02s | $455K | $497K | 50x |
| Short | MEXC CVC_USDT | 0.02750 | 0.0040 | get 0.0020% / 4h | 26m 02s | $656K | $122K | 20x |
Bitget CVCUSDT
MEXC CVC_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
- $32.34
- Price spread: −0.073% → −0.032%
- −$4.12
- Slippage, 4 orders
- −$30.22
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$17.99
- Costs to cover
- 0.462%
- Break-even
- 10.9 days
Slippage from Bitget: live order book, 45 min ago; MEXC: live order book, 44 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, 45 min ago | 1.83 bp | 17.4 bp −$17 | 68.0 bp −$680 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 44 min ago | 1.82 bp | 9.0 bp −$9 | 29.2 bp −$292 | 170.6 bp −$17.1K | 562.2 bp −$281.1K |
CVC on 8 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 CVC_USDT | −0.0464% | 4h | 0.02755 | +0.109% | $221K | $330K | 25x | as long as short |
| Bitget CVCUSDTlong | −0.0114% | 4h | 0.02752 | long leg | $455K | $497K | 50x | |
| Binance CVCUSDT | +0.0037% | 4h | 0.02750 | −0.058% | $3.0M | $5.7M | 50x | as long as short |
| MEXC CVC_USDTshort | +0.0040% | 4h | 0.02750 | −0.073% | $656K | $122K | 20x | |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02755 | +0.109% | $1.4M | $431K | 30x | as long as short |
| BingX CVC-USDT | +0.0394% | 4h | 0.02745 | −0.254% | — | $2.4M | — | as long as short |
| Bybit CVCUSDT | +0.1218% | 1h | 0.02729 | −0.836% | $1.7M | $1.5M | 25x | as long as short |
| Variational Omni CVC | +0.1782% | 1h | 0.02733 | −0.684% | $1K | $370 | — | as long as short |
Gate CVC_USDT
Binance CVCUSDT
KuCoin CVCUSDTM
BingX CVC-USDT
Bybit CVCUSDT
Variational Omni CVC