Funding you earn now, next payment 20:00 UTC−0.0090%/8hnext payment −$0.45 per $10,000 · paid last 24h +0.051%
Price spread now: Bitget against MEXC−0.176%7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$780.782% of the position
Funding, last 7 days+0.320%+$32 on $10k
+Price spread, last 3 days (all we have)+0.115%+$12 · spread now −0.176%, 7d avg −0.119%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.056% cheaper against MEXC than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.119%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.320%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC T_USDT | 0.005128 | −0.0184 | get 0.0092% / 4h | 7m 08s | $3.1M | $299K | 20x |
| Short | Bitget TUSDT | 0.005119 | −0.0274 | pay 0.0137% / 4h | 7m 08s | $882K | $786K | 50x |
MEXC T_USDT
Bitget TUSDTFunding 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
- −$18.9
- Price spread: −0.176% → −0.119%
- −$5.6
- Slippage, 4 orders
- −$62.22
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$102.73
- Costs to cover
- 0.782%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Bitget: live order book, 23 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, 4 min ago | 1.95 bp | 10.3 bp −$10 | 27.7 bp −$277 | 124.6 bp −$12.5K | doesn't fit |
| Sell Bitget live order book, 23 min ago | 1.96 bp | 32.3 bp −$32 | 109.6 bp −$1,096 | doesn't fit | doesn't fit |
T 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TUSD | −0.3332% | 1h | 0.005124 | −0.082% | $2K | $2K | 10x | as long as short |
| Gate T_USDT | −0.0744% | 4h | 0.005124 | −0.078% | $213K | $122K | 20x | as long as short |
| KuCoin TUSDTM | −0.0610% | 4h | 0.005124 | −0.078% | $1.3M | $112K | 12x | as long as short |
| Variational Omni T | −0.0522% | 4h | 0.005120 | −0.157% | $7K | $13K | — | as long as short |
| Bitget TUSDTshort | −0.0274% | 4h | 0.005119 | −0.176% | $882K | $786K | 50x | |
| Bybit TUSDT | −0.0195% | 4h | 0.005123 | −0.098% | $1.6M | $2.3M | 25x | as long as short |
| MEXC T_USDTlong | −0.0184% | 4h | 0.005128 | long leg | $3.1M | $299K | 20x | |
| Binance TUSDT | −0.0178% | 4h | 0.005127 | −0.011% | $3.2M | $10.6M | 50x | as long as short |
Kraken Futures PF_TUSD
Gate T_USDT
KuCoin TUSDTM
Variational Omni T
Bybit TUSDT
Binance TUSDT