Funding you earn now, next payment 04:00 UTC−0.0192%/8h= −21.0% APRnext payment −$0.96 per $10,000 · paid last 24h −0.034%
Price spread now: MEXC against Bitget+0.155%7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$900.896% of the position
Funding, last 7 days−0.395%−$39 on $10k
+Price spread, last 4 days (all we have)−0.095%−$9 · spread now +0.155%, 7d avg +0.113%
=The price spread pays, funding is against you. MEXC is 0.042% dearer against Bitget than usual: you sell high and buy low (spread +0.155% now, against its 7-day average of +0.113%): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TUSDT | 0.005160 | −0.0294 | get 0.0147% / 4h | 2h 47m | $889K | $568K | 50x |
| Short | MEXC T_USDT | 0.005168 | −0.0486 | pay 0.0243% / 4h | 2h 47m | $3.1M | $228K | 20x |
Bitget TUSDT
MEXC T_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
- −$40.32
- Price spread: +0.155% → +0.113%
- $4.22
- Slippage, 4 orders
- −$73.6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$125.7
- Costs to cover
- 0.896%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 19 min ago; MEXC: live order book, 5 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, 19 min ago | 4.84 bp | 30.3 bp −$30 | 147.0 bp −$1,470 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.94 bp | 12.5 bp −$12 | 37.8 bp −$378 | 134.0 bp −$13.4K | doesn't fit |
T 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TUSD | −0.2913% | 1h | 0.005162 | +0.046% | $2K | $2K | 10x | as long as short |
| KuCoin TUSDTM | −0.0512% | 4h | 0.005168 | +0.155% | $1.3M | $80K | 12x | as long as short |
| Variational Omni T | −0.0509% | 4h | 0.005151 | −0.180% | $8K | $9K | — | as long as short |
| MEXC T_USDTshort | −0.0486% | 4h | 0.005168 | +0.155% | $3.1M | $228K | 20x | |
| Binance TUSDT | −0.0474% | 4h | 0.005168 | +0.155% | $3.3M | $8.0M | 50x | as long as short |
| Gate T_USDT | −0.0400% | 4h | 0.005170 | +0.194% | $213K | $84K | 20x | as long as short |
| Bitget TUSDTlong | −0.0294% | 4h | 0.005160 | long leg | $889K | $568K | 50x | |
| Bybit TUSDT | −0.0026% | 4h | 0.005164 | +0.078% | $1.6M | $1.6M | 25x | as long as short |
Kraken Futures PF_TUSD
KuCoin TUSDTM
Variational Omni T
Binance TUSDT
Gate T_USDT
Bybit TUSDT