Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Binance+0.127%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1151.145% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.131%−$13 · spread now +0.127%, 7d avg +0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.120% dearer against Binance than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ALCHUSDT | 0.05531 | 0.2700 | pay 0.1350% / 4h | 1h 34m | $6.9M | $21.0M | 10x |
| Short | MEXC ALCH_USDT | 0.05538 | 0.2698 | get 0.1349% / 4h | 1h 34m | $5.5M | $1.9M | 100x |
Binance ALCHUSDT
MEXC ALCH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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
- −$0.35
- Price spread: +0.127% → +0.006%
- $12.02
- Slippage, 4 orders
- −$100.54
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$102.87
- Costs to cover
- 1.145%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; MEXC: live order book, 3 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 Binance live order book, 6 min ago | 2.66 bp | 16.9 bp −$17 | 51.9 bp −$519 | 292.4 bp −$29.2K | doesn't fit |
| Sell MEXC live order book, 3 min ago | 17.13 bp | 46.5 bp −$47 | 133.6 bp −$1,336 | 179.6 bp −$18.0K | 420.9 bp −$210.5K |
ALCH on 11 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 ALCHUSDT | +0.0100% | 4h | 0.05519 | −0.217% | $3.6M | $4.6M | 20x | as long as short |
| Gate ALCH_USDT | +0.0100% | 4h | 0.05528 | −0.054% | $288K | $546K | 20x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05527 | −0.072% | $1.0M | $1.2M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05540 | +0.160% | $3K | $17K | — | as long as short |
| KuCoin ALCHUSDTM | +0.1198% | 4h | 0.05534 | +0.054% | $1.3M | $229K | 10x | as long as short |
| Aster ALCHUSDT | +0.2033% | 4h | 0.05531 | +0.006% | $12K | $65K | 5x | as long as short |
| BingX ALCH-USDT | +0.2568% | 4h | 0.05530 | −0.018% | — | $6.7M | — | as long as short |
| BloFin ALCH-USDT | +0.2697% | 4h | 0.05535 | +0.072% | $462K | $69K | 10x | as long as short |
| MEXC ALCH_USDTshort | +0.2698% | 4h | 0.05538 | +0.127% | $5.5M | $1.9M | 100x | |
| Binance ALCHUSDTlong | +0.2700% | 4h | 0.05531 | long leg | $6.9M | $21.0M | 10x |
Bybit ALCHUSDT
Gate ALCH_USDT
Bitget ALCHUSDT
Variational Omni ALCH
KuCoin ALCHUSDTM
Aster ALCHUSDT
BingX ALCH-USDT
BloFin ALCH-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSD | +0.2926% | 1h | 0.05521 | −0.190% | $11K | $25K | 10x | as long as short |
Kraken Futures PF_ALCHUSD