Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against MEXC+0.030%7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$760.763% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.005%$0 · spread now +0.030%, 7d avg +0.121%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.091% cheaper against MEXC than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.121%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC USUAL_USDT | 0.01349 | 0.0100 | pay 0.0050% / 4h | 2h 04m | $5.9M | $269K | 100x |
| Short | Bitget USUALUSDT | 0.01349 | 0.0100 | get 0.0050% / 4h | 2h 04m | $816K | $508K | 50x |
MEXC USUAL_USDT
Bitget USUALUSDTFunding 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
- $0
- Price spread: +0.030% → +0.121%
- −$9.09
- Slippage, 4 orders
- −$60.27
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$85.36
- Costs to cover
- 0.763%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bitget: 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 MEXC live order book, 3 min ago | 4.81 bp | 10.3 bp −$10 | 104.1 bp −$1,041 | 790.8 bp −$79.1K | doesn't fit |
| Sell Bitget live order book, 16 min ago | 7.36 bp | 24.6 bp −$25 | 149.6 bp −$1,496 | doesn't fit | doesn't fit |
USUAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.4964% | 1h | 0.01343 | −0.415% | $6K | $2K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0749% | 1h | 0.01347 | −0.132% | $110K | $23K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01348 | −0.044% | $385K | $232K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01347 | −0.141% | $2.1M | $3.5M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01348 | −0.059% | $993K | $934K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01348 | −0.044% | $899K | $251K | 50x | as long as short |
| MEXC USUAL_USDTlong | +0.0100% | 4h | 0.01349 | long leg | $5.9M | $269K | 100x | |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01353 | +0.326% | $280K | $64K | 20x | as long as short |
| Bitget USUALUSDTshort | +0.0100% | 4h | 0.01349 | +0.030% | $816K | $508K | 50x | |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01347 | −0.104% | — | $1.2M | — | as long as short |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
Gate USUAL_USDT
KuCoin USUALUSDTM
BingX USUAL-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01352 | +0.274% | $9K | $208 | — | as long as short |
Variational Omni USUAL