Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.037%
Price spread now: Bitget against MEXC−0.029%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$580.581% of the position
Funding, last 7 days+0.110%+$11 on $10k
+Price spread, last 7 days+0.083%+$8 · spread now −0.029%, 7d avg +0.044%
=Funding pays, the price is against you. Bitget is 0.073% cheaper against MEXC than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.044%). If the spread goes back, that is −$7 on $10k: about 24 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.110% in total) that is about 4.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.110% in total (about 5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 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 BANK_USDT | 0.03483 | 0.0180 | pay 0.0090% / 4h | 51m 52s | $2.5M | $486K | 20x |
| Short | Bitget BANKUSDT | 0.03482 | 0.0420 | get 0.0210% / 4h | 51m 52s | $2.8M | $3.6M | 25x |
MEXC BANK_USDT
Bitget BANKUSDTFunding 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
- $50.4
- Price spread: −0.029% → +0.044%
- −$7.27
- Slippage, 4 orders
- −$46.15
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$15.01
- Costs to cover
- 0.581%
- Break-even
- 9.1 days
Slippage from MEXC: live order book, 5 min ago; Bitget: live order book, 1 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 | 1.44 bp | 5.7 bp −$6 | 22.0 bp −$220 | 110.6 bp −$11.1K | 339.1 bp −$169.6K |
| Sell Bitget live order book, 1 min ago | 1.44 bp | 21.4 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
BANK 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BANK_USDT | +0.0100% | 4h | 0.03481 | −0.057% | $723K | $1.3M | 10x | as long as short |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03481 | −0.057% | $1.2M | $189K | 50x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03483 | 0.000% | $40K | $229K | 20x | as long as short |
| Aster BANKUSDT | +0.0104% | 4h | 0.03476 | −0.209% | $56K | $96K | 5x | as long as short |
| MEXC BANK_USDTlong | +0.0180% | 4h | 0.03483 | long leg | $2.5M | $486K | 20x | |
| Binance BANKUSDT | +0.0181% | 4h | 0.03482 | −0.029% | $7.6M | $31.5M | 50x | as long as short |
| edgeX BANKUSDC | +0.0214% | 4h | 0.03472 | −0.327% | $1K | $246K | 5x | as long as short |
| Bybit BANKUSDT | +0.0348% | 4h | 0.03484 | +0.029% | $3.0M | $6.6M | 20x | as long as short |
| BingX BANK-USDT | +0.0414% | 4h | 0.03485 | +0.057% | — | $6.9M | — | as long as short |
| Bitget BANKUSDTshort | +0.0420% | 4h | 0.03482 | −0.029% | $2.8M | $3.6M | 25x |
Gate BANK_USDT
KuCoin BANKUSDTM
HTX BANK-USDT
Aster BANKUSDT
Binance BANKUSDT
edgeX BANKUSDC
Bybit BANKUSDT
BingX BANK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BANK-USDT | +0.0421% | 4h | 0.03482 | −0.029% | $443K | $91K | 50x | as long as short |
BloFin BANK-USDT