Bitget vs MEXC Funding Arbitrage
179 shared markets · net of estimated fees · updated every few minutesBitget and MEXC both quote 179 of the same perpetual markets, so a delta-neutral position can be split across the two and collect the difference in their funding. The widest spread on a market with real depth is UNITREE — long MEXC / short Bitget at 95.2% net APR — but the median across all shared markets is 11.9%, which is the number worth planning around.
The long leg is whichever venue prices funding lower for that market. It is a property of the MARKET, not of the exchange, and it flips as rates move: here 54 markets go long on Bitget and 125 on MEXC. 139 markets clear 5% net APR, 101 clear 10%.
How this pair behaves
Bitget pays funding every 8h on 227 markets and every 4h on 212 markets; MEXC pays every 4h on 267 markets and every 8h on 124 markets. The two clocks differ, so one leg settles while the other is still accruing: a position held for only a few hours can pay one side without ever collecting from the other. Bitget quotes 440 perpetual markets in total and MEXC quotes 392; the 179 they share are what this page ranks. Across its own book Bitget runs a median funding rate of 10.9% and MEXC 7.5%, so the edge here comes from individual markets rather than from a standing gap between the venues.
Spreads by market
top 25 of 179 by net APR| Market | Long | Short | Net APR | Gross | 7d avg | Thin leg vol |
|---|---|---|---|---|---|---|
| MVLL | MEXC | Bitget | 160.8% | 166.1% | +8.6% | $884K |
| USDESTOCK | MEXC | Bitget | 148.5% | 154.3% | +47.2% | $104K |
| BIRB | MEXC | Bitget | 99.6% | 106.2% | -0.9% | $993K |
| UNITREE | MEXC | Bitget | 95.2% | 99.0% | +3.2% | $1.8M |
| TMF | MEXC | Bitget | 91.0% | 95.0% | +22.8% | $86K |
| BLUR | MEXC | Bitget | 89.1% | 93.3% | +29.5% | $138K |
| PIPPIN | Bitget | MEXC | 87.1% | 90.2% | +3.2% | $121K |
| JCT | Bitget | MEXC | 79.6% | 83.7% | +20.6% | $33.0M |
| AVA | MEXC | Bitget | 75.9% | 79.1% | +28.5% | $463K |
| ERA | MEXC | Bitget | 67.2% | 70.1% | +1.3% | $449K |
| EWJ | MEXC | Bitget | 65.1% | 68.4% | -3.4% | $100K |
| DATA | MEXC | Bitget | 59.9% | 64.4% | +7.0% | $249K |
| IOST | Bitget | MEXC | 59.0% | 62.6% | -7.7% | $2.1M |
| CT | MEXC | Bitget | 56.6% | 59.6% | -4.9% | $929K |
| RAM | MEXC | Bitget | 56.5% | 62.3% | +5.3% | $144K |
| MOODENG | MEXC | Bitget | 54.9% | 58.7% | +1.6% | $291K |
| FRAX | Bitget | MEXC | 54.0% | 58.0% | +23.0% | $35K |
| SIREN | MEXC | Bitget | 52.6% | 56.3% | -32.0% | $429K |
| KAT | MEXC | Bitget | 51.8% | 55.6% | +2.5% | $125K |
| LA | MEXC | Bitget | 48.5% | 51.7% | +5.5% | $105K |
| GLM | Bitget | MEXC | 45.9% | 48.6% | +21.7% | $142K |
| TRIA | Bitget | MEXC | 41.0% | 46.0% | +18.1% | $135K |
| G | MEXC | Bitget | 37.8% | 41.2% | +8.2% | $157K |
| FORM | MEXC | Bitget | 36.3% | 40.3% | +0.3% | $100K |
| POLYX | Bitget | MEXC | 35.2% | 38.3% | +5.9% | $127K |
Net APR subtracts entry and exit fees, both legs' bid/ask spread and estimated slippage from the gross funding spread. The 7-day average is historical gross funding for the same pair: a current rate close to it suggests the spread has persisted, one far above it is usually a spike that will decay.
Bitget vs MEXC — FAQ
How many markets can you arbitrage between Bitget and MEXC?
179 perpetual markets are quoted on both Bitget and MEXC right now. 139 of them show a net spread of at least 5% APR after estimated fees, and 59 have at least $1M of 24h volume on the smaller leg.
What is the best Bitget / MEXC funding spread right now?
UNITREE: long MEXC and short Bitget for about 95.2% net APR after estimated fees, counting only markets with at least $1M of 24h volume on the smaller leg. The median across all 179 shared markets is 11.9%, so the top of the list is not typical.
Which side pays on the Bitget / MEXC pair?
It varies by market: Bitget is the long (funding-receiving) leg in 54 of the shared markets and MEXC in the other 125. The direction is set per market by which venue currently prices funding lower.
Trading the Bitget / MEXC spread
The trade is one position split across two venues: long the exchange paying the more negative funding, short the one paying the more positive, in the same size. What limits it is not the headline APR but the smaller leg's liquidity, the fees on both sides, and how long the spread survives — funding decays and flips, often within hours. Venue detail: Bitget funding rates · MEXC funding rates; the full calculation is in the methodology.