Funding you earn now, next payment 04:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.57 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget0.000%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$790.785% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now 0.000%, 7d avg 0.000%
=The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GMTUSDT | 0.008562 | −0.0014 | get 0.0007% / 4h | 41m 24s | $675K | $655K | 50x |
| Short | MEXC GMT_USDT | 0.008562 | 0.0100 | get 0.0050% / 4h | 41m 24s | $436K | $208K | 20x |
Bitget GMTUSDT
MEXC GMT_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
- $23.94
- Price spread: 0.000% → 0.000%
- $0.02
- Slippage, 4 orders
- −$62.51
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$54.55
- Costs to cover
- 0.785%
- Break-even
- 22.9 days
Slippage from Bitget: live order book, 14 min ago; MEXC: live order book, 64 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, 14 min ago | 6.98 bp | 29.9 bp −$30 | 382.1 bp −$3,821 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 64 min ago | 1.17 bp | 9.5 bp −$9 | 70.8 bp −$708 | 265.3 bp −$26.5K | doesn't fit |
GMT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1476% | 1h | 0.008555 | −0.080% | $44K | $14K | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0602% | 4h | 0.008580 | +0.210% | $280K | $191K | 50x | as long as short |
| Bybit GMTUSDT | −0.0428% | 8h | 0.008560 | −0.023% | $1.1M | $2.0M | 50x | as long as short |
| OKX GMT-USDT-SWAP | −0.0367% | 4h | 0.008561 | −0.012% | $395K | $1.2M | 20x | as long as short |
| Aster GMTUSDT | −0.0110% | 4h | 0.008580 | +0.210% | $7K | $22K | 10x | as long as short |
| Variational Omni GMT | −0.0062% | 8h | 0.008578 | +0.192% | $4K | $5K | — | as long as short |
| Bitget GMTUSDTlong | −0.0014% | 4h | 0.008562 | long leg | $675K | $655K | 50x | |
| BingX GMT-USDT | +0.0050% | 4h | 0.008561 | −0.012% | — | $1.3M | — | as long as short |
| Gate GMT_USDT | +0.0084% | 8h | 0.008570 | +0.093% | $147K | $176K | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008567 | +0.058% | $114K | $153K | 3x | as long as short |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Aster GMTUSDT
Variational Omni GMT
BingX GMT-USDT
Gate GMT_USDT
Hyperliquid GMTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance GMTUSDT | +0.0100% | 4h | 0.008566 | +0.047% | $2.9M | $5.2M | 50x | as long as short |
| MEXC GMT_USDTshort | +0.0100% | 4h | 0.008562 | 0.000% | $436K | $208K | 20x |
Binance GMTUSDT