Funding you earn now, next payment 04:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against MEXC+0.127%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as 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−0.324%−$32 · spread now +0.127%, 7d avg +0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.121% dearer against MEXC than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CP_USDT | 0.01415 | 0.0108 | pay 0.0054% / 4h | 41m 16s | $1.5M | $355K | 20x |
| Short | Bitget CPUSDT | 0.01417 | 0.0100 | get 0.0050% / 4h | 41m 16s | $862K | $1.6M | 20x |
MEXC CP_USDT
Bitget CPUSDTFunding 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
- −$1.68
- Price spread: +0.127% → +0.007%
- $12.06
- Slippage, 4 orders
- −$59.59
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$65.21
- Costs to cover
- 0.756%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Bitget: live order book, 5 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 | 3.57 bp | 6.7 bp −$7 | 69.9 bp −$699 | 474.4 bp −$47.4K | doesn't fit |
| Sell Bitget live order book, 5 min ago | 8.55 bp | 32.7 bp −$33 | 166.6 bp −$1,666 | doesn't fit | 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 | 0.01418 | +0.212% | — | $1.0M | — | as long as short |
| BloFin CP-USDT | +0.0074% | 4h | 0.01414 | −0.071% | $431 | $42K | 20x | as long as short |
| Bybit CPUSDT | +0.0100% | 4h | 0.01416 | +0.071% | $1.5M | $2.7M | 20x | as long as short |
| Gate CP_USDT | +0.0100% | 4h | 0.01413 | −0.141% | $622K | $558K | 20x | as long as short |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01417 | +0.141% | $202K | $891K | 20x | as long as short |
| Bitget CPUSDTshort | +0.0100% | 4h | 0.01417 | +0.127% | $862K | $1.6M | 20x | |
| MEXC CP_USDTlong | +0.0108% | 4h | 0.01415 | long leg | $1.5M | $355K | 20x | |
| OKX CP-USDT-SWAP | +0.0115% | 4h | 0.01418 | +0.212% | $4.0M | $11.5M | 20x | as long as short |
BingX CP-USDT
BloFin CP-USDT
Bybit CPUSDT
Gate CP_USDT
KuCoin CPUSDTM
OKX CP-USDT-SWAP