Funding you earn now, next payment 04:00 UTC−0.0520%/8h= −56.9% APRnext payment −$2.60 per $10,000 · paid last 24h −0.168%
Price spread now: Bitget against MEXC−0.042%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$205as 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)+0.064%+$6 · spread now −0.042%, 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 | MEXC M_USDT | 1.4280 | 0.0620 | pay 0.0310% / 4h | 23m 21s | $237K | $106K | 50x |
| Short | Bitget MUSDT | 1.4274 | 0.0100 | get 0.0050% / 4h | 23m 21s | $1.8M | $249K | 10x |
MEXC M_USDT
Bitget MUSDTFunding 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
- −$109.2
- Price spread: −0.042% → −0.043%
- $0.13
- Slippage, 4 orders
- −$148.25
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$273.32
- Costs to cover
- 1.642%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 16 min ago; Bitget: live order book, 4 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, 16 min ago | 1.40 bp | 30.9 bp −$31 | 47.4 bp −$474 | 114.5 bp −$11.5K | doesn't fit |
| Sell Bitget live order book, 4 min ago | 11.53 bp | 55.1 bp −$55 | 435.7 bp −$4,357 | doesn't fit | 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 | 1.4290 | +0.070% | $4.5M | $1.8M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4266 | −0.098% | $1.9M | $916K | 10x | as long as short |
| Bitget MUSDTshort | +0.0100% | 4h | 1.4274 | −0.042% | $1.8M | $249K | 10x | |
| Variational Omni M | +0.0100% | 4h | 1.4304 | +0.167% | $89K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4281 | +0.007% | $2K | $510 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4296 | +0.112% | $1K | $765K | 20x | as long as short |
| Aster MUSDT | +0.0465% | 4h | 1.4285 | +0.033% | $15K | $87K | 5x | as long as short |
| BingX M-USDT | +0.0602% | 4h | 1.4282 | +0.014% | — | $2.4M | — | as long as short |
| MEXC M_USDTlong | +0.0620% | 4h | 1.4280 | long leg | $237K | $106K | 50x | |
| Binance MUSDT | +0.0621% | 4h | 1.4285 | +0.035% | $5.6M | $3.8M | 10x | as long as short |
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 | −0.056% | $359K | $442K | 10x | as long as short |
| KuCoin MUSDTM | +0.1848% | 4h | 1.4146 | −0.940% | $1.4M | $4.0M | 10x | as long as short |
BloFin M-USDT
KuCoin MUSDTM