Funding you earn now, next payment 04:00 UTC+0.0526%/8h= +57.6% APRnext payment +$2.63 per $10,000 · paid last 24h +0.168%
Price spread now: MEXC against Bitget+0.049%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1641.642% of the position
Funding, last 7 days+0.408%+$41 on $10k
+Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.049%, 7d avg +0.043%
=The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MUSDT | 1.4274 | 0.0100 | pay 0.0050% / 4h | 24m 02s | $1.8M | $249K | 10x |
| Short | MEXC M_USDT | 1.4281 | 0.0626 | get 0.0313% / 4h | 24m 02s | $237K | $106K | 50x |
Bitget MUSDT
MEXC M_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
- $110.46
- Price spread: +0.049% → +0.043%
- $0.57
- Slippage, 4 orders
- −$148.25
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$53.21
- Costs to cover
- 1.642%
- Break-even
- 10.4 days
Slippage from Bitget: live order book, 3 min ago; MEXC: live order book, 16 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, 3 min ago | 11.53 bp | 54.7 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 16 min ago | 1.40 bp | 23.5 bp −$23 | 45.6 bp −$456 | 104.6 bp −$10.5K | doesn't fit |
M 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4279 | +0.035% | $4.5M | $1.8M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4270 | −0.028% | $1.9M | $916K | 10x | as long as short |
| Bitget MUSDTlong | +0.0100% | 4h | 1.4274 | long leg | $1.8M | $249K | 10x | |
| Variational Omni M | +0.0100% | 4h | 1.4304 | +0.209% | $89K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4276 | +0.014% | $2K | $510 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4292 | +0.126% | $2K | $764K | 20x | as long as short |
| Aster MUSDT | +0.0474% | 4h | 1.4286 | +0.082% | $15K | $87K | 5x | as long as short |
| BingX M-USDT | +0.0602% | 4h | 1.4280 | +0.042% | — | $2.4M | — | as long as short |
| Binance MUSDT | +0.0621% | 4h | 1.4281 | +0.047% | $5.6M | $3.8M | 10x | as long as short |
| MEXC M_USDTshort | +0.0626% | 4h | 1.4281 | +0.049% | $237K | $106K | 50x |
Bybit MUSDT
Gate M_USDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
BingX M-USDT
Binance MUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.0662% | 4h | 1.4272 | −0.014% | $359K | $442K | 10x | as long as short |
| KuCoin MUSDTM | +0.1866% | 4h | 1.4149 | −0.877% | $1.4M | $4.0M | 10x | as long as short |
BloFin M-USDT
KuCoin MUSDTM