Funding you earn now, next payment 08:00 UTC−0.0302%/8h= −33.1% APRnext payment −$1.51 per $10,000 · paid last 24h −0.242%
Price spread now: Bitget against MEXC+0.198%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$227as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$1021.016% of the position
Funding, last 7 days−1.253%−$125 on $10k
+Price spread, last 4 days (all we have)−0.168%−$17 · spread now +0.198%, 7d avg +0.023%
=The price spread pays, funding is against you. Bitget is 0.175% dearer against MEXC than usual: you sell high and buy low (spread +0.198% now, against its 7-day average of +0.023%): +$18 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 46 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BTW_USDT | 0.7952 | 0.0994 | pay 0.0497% / 4h | 2h 12m | $8.8M | $6.5M | 20x |
| Short | Bitget BTWUSDT | 0.7968 | 0.0692 | get 0.0346% / 4h | 2h 12m | $25.0M | $15.4M | 5x |
MEXC BTW_USDT
Bitget BTWUSDTFunding 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
- −$63.42
- Price spread: +0.198% → +0.023%
- $17.52
- Slippage, 4 orders
- −$89.63
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$147.52
- Costs to cover
- 1.016%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Bitget: live order book, 2 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, 1 min ago | 3.12 bp | 10.2 bp −$10 | 37.2 bp −$372 | 214.7 bp −$21.5K | 792.7 bp −$396.3K |
| Sell Bitget live order book, 2 min ago | 11.88 bp | 37.6 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
BTW 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX BTW-USDT | +0.0100% | 4h | 0.7900 | −0.658% | $204K | $782K | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0236% | 4h | 0.7951 | −0.017% | $7.1M | $5.0M | 10x | as long as short |
| Bitget BTWUSDTshort | +0.0692% | 4h | 0.7968 | +0.198% | $25.0M | $15.4M | 5x | |
| Aster BTWUSDT | +0.0693% | 4h | 0.7948 | −0.055% | $2.2M | $3.3M | 5x | as long as short |
| BingX BTW-USDT | +0.0946% | 4h | 0.7954 | +0.025% | — | $4.3M | — | as long as short |
| Gate BTW_USDT | +0.0960% | 4h | 0.7943 | −0.116% | $3.3M | $18.1M | 10x | as long as short |
| Binance BTWUSDT | +0.0973% | 4h | 0.7958 | +0.071% | $110.5M | $183.3M | 10x | as long as short |
| Extended BTW-USD | +0.0976% | 1h | 0.7952 | +0.004% | $34K | $15K | 5x | as long as short |
| edgeX BTWUSDC | +0.0983% | 4h | 0.8069 | +1.472% | $351K | $523K | 10x | as long as short |
| MEXC BTW_USDTlong | +0.0994% | 4h | 0.7952 | long leg | $8.8M | $6.5M | 20x |
HTX BTW-USDT
KuCoin BTWUSDTM
Aster BTWUSDT
BingX BTW-USDT
Gate BTW_USDT
Binance BTWUSDT
Extended BTW-USD
edgeX BTWUSDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.1034% | 4h | 0.7951 | −0.018% | $15.1M | $42.1M | 10x | as long as short |
Bybit BTWUSDT