Funding you earn now, next payment 08:00 UTC−0.0124%/8h= −13.6% APRnext payment −$0.62 per $10,000 · paid last 24h −0.007%
Price spread now: Bitget against MEXC−0.012%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$670.670% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 4 days (all we have)+0.025%+$2 · spread now −0.012%, 7d avg 0.000%
=The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GMT_USDT | 0.008528 | 0.0100 | pay 0.0050% / 4h | 3h 27m | $432K | $209K | 20x |
| Short | Bitget GMTUSDT | 0.008527 | −0.0024 | pay 0.0012% / 4h | 3h 27m | $678K | $615K | 50x |
MEXC GMT_USDT
Bitget GMTUSDTFunding 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
- −$26.04
- Price spread: −0.012% → 0.000%
- −$1.16
- Slippage, 4 orders
- −$50.96
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$94.16
- Costs to cover
- 0.670%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 8 min ago; Bitget: live order book, 22 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, 8 min ago | 1.17 bp | 8.0 bp −$8 | 47.1 bp −$471 | 254.4 bp −$25.4K | doesn't fit |
| Sell Bitget live order book, 22 min ago | 7.00 bp | 27.9 bp −$28 | 163.6 bp −$1,636 | doesn't fit | doesn't fit |
GMT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1574% | 1h | 0.008532 | +0.051% | $44K | $13K | 20x | as long as short |
| Bybit GMTUSDT | −0.0490% | 8h | 0.008527 | −0.012% | $1.1M | $2.0M | 50x | as long as short |
| OKX GMT-USDT-SWAP | −0.0457% | 4h | 0.008520 | −0.094% | $398K | $1.2M | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0430% | 4h | 0.008530 | +0.023% | $276K | $178K | 50x | as long as short |
| Variational Omni GMT | −0.0269% | 8h | 0.008561 | +0.381% | $4K | $5K | — | as long as short |
| Aster GMTUSDT | −0.0089% | 4h | 0.008540 | +0.141% | $7K | $22K | 10x | as long as short |
| Bitget GMTUSDTshort | −0.0024% | 4h | 0.008527 | −0.012% | $678K | $615K | 50x | |
| BingX GMT-USDT | +0.0050% | 4h | 0.008533 | +0.059% | — | $1.3M | — | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008531 | +0.035% | $112K | $150K | 3x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008528 | 0.000% | $2.9M | $5.2M | 50x | as long as short |
Kraken Futures PF_GMTUSD
Bybit GMTUSDT
OKX GMT-USDT-SWAP
KuCoin GMTUSDTM
Variational Omni GMT
Aster GMTUSDT
BingX GMT-USDT
Hyperliquid GMT
Binance GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate GMT_USDT | +0.0100% | 8h | 0.008540 | +0.141% | $150K | $175K | 50x | as long as short |
| MEXC GMT_USDTlong | +0.0100% | 4h | 0.008528 | long leg | $432K | $209K | 20x |
Gate GMT_USDT