Funding you earn now, next payment 04:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget−0.078%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$760.756% of the position
Funding, last 7 days+0.136%+$14 on $10k
+Price spread, last 7 days+0.275%+$28 · spread now −0.078%, 7d avg −0.007%
=Funding pays, the price is against you. MEXC is 0.072% cheaper against Bitget than usual: you would sell low and buy high (spread −0.078% now, against its 7-day average of −0.007%). If the spread goes back, that is −$7 on $10k: about 20 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.136% in total) that is about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CPUSDT | 0.01405 | 0.0100 | pay 0.0050% / 4h | 42m 26s | $812K | $1.5M | 20x |
| Short | MEXC CP_USDT | 0.01404 | 0.0112 | get 0.0056% / 4h | 42m 26s | $1.5M | $355K | 20x |
Bitget CPUSDT
MEXC CP_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
- $2.52
- Price spread: −0.078% → −0.007%
- −$7.16
- Slippage, 4 orders
- −$59.59
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$80.23
- Costs to cover
- 0.756%
- Break-even
- 229.9 days
Slippage from Bitget: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago | 8.55 bp | 25.3 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 3.57 bp | 10.9 bp −$11 | 54.3 bp −$543 | 444.0 bp −$44.4K | doesn't fit |
CP 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDT | +0.0070% | 4h | 0.01405 | −0.007% | — | $1.0M | — | as long as short |
| Bybit CPUSDT | +0.0100% | 4h | 0.01406 | +0.064% | $1.5M | $2.7M | 20x | as long as short |
| Gate CP_USDT | +0.0100% | 4h | 0.01405 | −0.007% | $621K | $556K | 20x | as long as short |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01407 | +0.135% | $201K | $891K | 20x | as long as short |
| Bitget CPUSDTlong | +0.0100% | 4h | 0.01405 | long leg | $812K | $1.5M | 20x | |
| BloFin CP-USDT | +0.0106% | 4h | 0.01401 | −0.292% | $427 | $41K | 20x | as long as short |
| OKX CP-USDT-SWAP | +0.0108% | 4h | 0.01405 | −0.007% | $4.0M | $11.4M | 20x | as long as short |
| MEXC CP_USDTshort | +0.0112% | 4h | 0.01404 | −0.078% | $1.5M | $355K | 20x |
BingX CP-USDT
Bybit CPUSDT
Gate CP_USDT
KuCoin CPUSDTM
BloFin CP-USDT
OKX CP-USDT-SWAP