Funding you earn now, next payment 00:00 UTC+0.0298%/8h= +32.6% APRnext payment +$1.49 per $10,000 · paid last 24h −0.021%
Price spread now: Bitget against MEXC+0.103%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1291.294% of the position
Funding, last 7 days−0.158%−$16 on $10k
+Price spread, last 7 days+0.035%+$3 · spread now +0.103%, 7d avg +0.012%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Bitget is 0.091% dearer against MEXC than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.012%. Mind the row above: over the last 7 days funding on this pair cost −0.158%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.158% in total (about -8.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.49 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC US_USDT | 0.01643 | 0.0102 | pay 0.0051% / 4h | 2h 12m | $5.5M | $117K | 100x |
| Short | Bitget USUSDT | 0.01645 | 0.0400 | get 0.0200% / 4h | 2h 12m | $4.3M | $243K | 10x |
MEXC US_USDT
Bitget USUSDTFunding 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
- $62.58
- Price spread: +0.103% → +0.012%
- $9.12
- Slippage, 4 orders
- −$113.4
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$57.7
- Costs to cover
- 1.294%
- Break-even
- 13.5 days
Slippage from MEXC: live order book, 5 min ago; Bitget: live order book, 6 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, 5 min ago | 0.30 bp | 22.6 bp −$23 | 68.0 bp −$680 | 474.3 bp −$47.4K | doesn't fit |
| Sell Bitget live order book, 6 min ago | 12.74 bp | 53.1 bp −$53 | 194.1 bp −$1,941 | doesn't fit | doesn't fit |
US on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTM | −0.0046% | 4h | 0.01641 | −0.134% | $4.2M | $275K | 20x | as long as short |
| BloFin US-USDT | +0.0047% | 4h | 0.01647 | +0.231% | $480K | $49K | 10x | as long as short |
| Aster USUSDT | +0.0100% | 4h | 0.01643 | −0.040% | $12K | $54K | 5x | as long as short |
| Bybit USUSDT | +0.0100% | 4h | 0.01643 | −0.018% | $3.3M | $841K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01642 | −0.067% | $2.1M | $547K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01646 | +0.196% | $16K | $3K | — | as long as short |
| MEXC US_USDTlong | +0.0102% | 4h | 0.01643 | long leg | $5.5M | $117K | 100x | |
| Binance USUSDT | +0.0103% | 4h | 0.01643 | −0.001% | $9.2M | $3.1M | 10x | as long as short |
| Extended US-USD | +0.0104% | 1h | 0.01643 | −0.034% | $4K | $141K | 5x | as long as short |
| Bitget USUSDTshort | +0.0400% | 4h | 0.01645 | +0.103% | $4.3M | $243K | 10x |
KuCoin USUSDTM
BloFin US-USDT
Aster USUSDT
Bybit USUSDT
Gate US_USDT
Variational Omni US
Binance USUSDT
Extended US-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX US-USDT | +0.0401% | 4h | 0.01643 | +0.012% | — | $1.3M | — | as long as short |
BingX US-USDT