Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX+0.171%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1311.305% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.171%, 7d avg +0.053%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.117% dearer against BingX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MEW-USDT | 0.0004686 | 0.0100 | pay 0.0050% / 4h | 2h 13m | — | $6.7M | — |
| Short | Bitget MEWUSDT | 0.0004694 | 0.0100 | get 0.0050% / 4h | 2h 13m | $487K | $539K | 50x |
BingX MEW-USDT
Bitget MEWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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
- $0
- Price spread: +0.171% → +0.053%
- $11.74
- Slippage, 4 orders
- −$108.5
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$118.76
- Costs to cover
- 1.305%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; Bitget: live order book, 27 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 BingX live order book, 8 min ago | 5.38 bp | 19.5 bp −$20 | 67.6 bp −$676 | 709.8 bp −$71.0K | 1038.7 bp −$519.3K |
| Sell Bitget live order book, 27 min ago | 8.61 bp | 55.2 bp −$55 | 275.8 bp −$2,758 | doesn't fit | doesn't fit |
MEW 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEW/USD [WBTC.b-USDC] | L 0.0000% / S 0.0000% | 1h | 0.0004680 | −0.128% | — | — | 100x | as long as short |
| Injective MEW/USDC PERP | +0.0033% | 1h | 0.0004219 | −9.966% | $46 | $14K | 5.5x | as long as short |
| Binance MEWUSDT | +0.0100% | 4h | 0.0004699 | +0.267% | $1.3M | $3.5M | 50x | as long as short |
| Bybit MEWUSDT | +0.0100% | 4h | 0.0004691 | +0.107% | $1.5M | $1.5M | 25x | as long as short |
| OKX MEW-USDT-SWAP | +0.0100% | 4h | 0.0004695 | +0.192% | $541K | $895K | 20x | as long as short |
| Gate MEW_USDT | +0.0100% | 4h | 0.0004687 | +0.021% | $136K | $140K | 50x | as long as short |
| MEXC MEW_USDT | +0.0100% | 4h | 0.0004696 | +0.213% | $367K | $185K | 125x | as long as short |
| KuCoin MEWUSDTM | +0.0100% | 4h | 0.0004679 | −0.149% | $327K | $131K | 30x | as long as short |
| Bitget MEWUSDTshort | +0.0100% | 4h | 0.0004694 | +0.171% | $487K | $539K | 50x | |
| BingX MEW-USDTlong | +0.0100% | 4h | 0.0004686 | long leg | — | $6.7M | — |
GMX MEW/USD [WBTC.b-USDC]
Injective MEW/USDC PERP
Binance MEWUSDT
Bybit MEWUSDT
OKX MEW-USDT-SWAP
Gate MEW_USDT
MEXC MEW_USDT
KuCoin MEWUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MEW | +0.0100% | 4h | 0.0004676 | −0.209% | $83K | $36K | — | as long as short |
| Kraken Futures PF_MEWUSD | +0.0419% | 1h | 0.0004703 | +0.369% | $90K | $131K | 10x | as long as short |
Variational Omni MEW
Kraken Futures PF_MEWUSD