Funding you earn now, next payment 04:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.05 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.036%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1401.397% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.113%+$11 · spread now −0.036%, 7d avg +0.006%
=Funding pays, the price is against you. MEXC is 0.041% cheaper against Binance than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of +0.006%). If the spread goes back, that is −$4 on $10k: about 15 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ALPINEUSDT | 0.3583 | 0.0345 | pay 0.0172% / 4h | 3m 16s | $1.6M | $772K | 10x |
| Short | MEXC ALPINE_USDT | 0.3582 | 0.0354 | get 0.0177% / 4h | 3m 16s | $174K | $105K | 50x |
Binance ALPINEUSDT
MEXC ALPINE_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
- $1.97
- Price spread: −0.036% → +0.006%
- −$4.14
- Slippage, 4 orders
- −$125.71
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$141.87
- Costs to cover
- 1.397%
- Break-even
- 510.1 days
Slippage from Binance: live order book, 15 min ago; MEXC: 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 Binance live order book, 15 min ago | 4.20 bp | 52.2 bp −$52 | 820.1 bp −$8,201 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 27 min ago | 2.79 bp | 25.7 bp −$26 | 79.0 bp −$790 | 103.0 bp −$10.3K | 344.0 bp −$172.0K |
ALPINE on 7 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 ALPINEUSDT | +0.0100% | 4h | 0.3579 | −0.119% | $158K | $29K | 25x | as long as short |
| Variational Omni ALPINE | +0.0100% | 4h | 0.3574 | −0.248% | $5K | $1 | — | as long as short |
| Gate ALPINE_USDT | +0.0260% | 8h | 0.3579 | −0.119% | $69K | $19K | 25x | as long as short |
| Binance ALPINEUSDTlong | +0.0345% | 4h | 0.3583 | long leg | $1.6M | $772K | 10x | |
| MEXC ALPINE_USDTshort | +0.0354% | 4h | 0.3582 | −0.036% | $174K | $105K | 50x | |
| BingX ALPINE-USDT | +0.0354% | 4h | 0.3577 | −0.175% | — | $1.2M | — | as long as short |
| KuCoin ALPINEUSDTM | +0.0594% | 4h | 0.3578 | −0.147% | $234K | $586K | 10x | as long as short |
Bybit ALPINEUSDT
Variational Omni ALPINE
Gate ALPINE_USDT
BingX ALPINE-USDT
KuCoin ALPINEUSDTM