Funding you earn now, next payment 04:00 UTC+0.1118%/8h= +122.4% APRnext payment +$5.59 per $10,000 · paid last 24h +0.168%
Price spread now: MEXC against Bitget+0.028%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1831.825% of the position
Funding, last 7 days+0.408%+$41 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.028%, 7d avg +0.042%
=The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: +$34 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.408% in total (about 21.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.59 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 | Bitget MUSDT | 1.4246 | 0.0100 | pay 0.0050% / 4h | 1h 33m | $1.8M | $252K | 10x |
| Short | MEXC M_USDT | 1.4250 | 0.1218 | get 0.0609% / 4h | 1h 33m | $240K | $106K | 50x |
Bitget MUSDT
MEXC M_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
- $234.78
- Price spread: +0.028% → +0.042%
- −$1.39
- Slippage, 4 orders
- −$166.52
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $50.87
- Costs to cover
- 1.825%
- Break-even
- 5.5 days
Slippage from Bitget: live order book, 4 min ago; MEXC: live order book, 11 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 | 10.15 bp | 49.6 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 11 min ago | 2.09 bp | 29.4 bp −$29 | 42.6 bp −$426 | 140.2 bp −$14.0K | doesn't fit |
M 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4242 | −0.028% | $4.5M | $1.8M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4236 | −0.070% | $1.9M | $901K | 10x | as long as short |
| Bitget MUSDTlong | +0.0100% | 4h | 1.4246 | long leg | $1.8M | $252K | 10x | |
| Variational Omni M | +0.0100% | 4h | 1.4272 | +0.184% | $89K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4251 | +0.035% | $2K | $496 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4283 | +0.260% | $2K | $734K | 20x | as long as short |
| Aster MUSDT | +0.0912% | 4h | 1.4236 | −0.074% | $16K | $93K | 5x | as long as short |
| Binance MUSDT | +0.1201% | 4h | 1.4237 | −0.066% | $5.5M | $3.8M | 10x | as long as short |
| BloFin M-USDT | +0.1206% | 4h | 1.4251 | +0.035% | $356K | $435K | 10x | as long as short |
| BingX M-USDT | +0.1214% | 4h | 1.4243 | −0.021% | — | $2.4M | — | as long as short |
Bybit MUSDT
Gate M_USDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
Binance MUSDT
BloFin M-USDT
BingX M-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC M_USDTshort | +0.1218% | 4h | 1.4250 | +0.028% | $240K | $106K | 50x | |
| KuCoin MUSDTM | +0.2768% | 4h | 1.4116 | −0.912% | $1.4M | $4.0M | 10x | as long as short |
KuCoin MUSDTM