Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.044%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$750.748% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.044%, 7d avg −0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.040% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC API3_USDT | 0.2603 | 0.0100 | pay 0.0050% / 4h | 2h 56m | $460K | $252K | 50x |
| Short | Binance API3USDT | 0.2602 | 0.0100 | get 0.0050% / 4h | 2h 56m | $2.7M | $2.0M | 50x |
MEXC API3_USDT
Binance API3USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0
- Price spread: −0.044% → −0.004%
- −$4.01
- Slippage, 4 orders
- −$56.79
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$78.8
- Costs to cover
- 0.748%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Binance: live order book, 9 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, 2 min ago | 1.91 bp | 11.1 bp −$11 | 51.6 bp −$516 | 133.2 bp −$13.3K | 272.2 bp −$136.1K |
| Sell Binance live order book, 9 min ago | 1.90 bp | 31.3 bp −$31 | 104.6 bp −$1,046 | doesn't fit | doesn't fit |
API3 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_API3USD | −0.0556% | 1h | 0.2609 | +0.225% | $13K | $2K | 10x | as long as short |
| BloFin API3-USDT | +0.0040% | 4h | 0.2607 | +0.154% | $138K | $27K | 50x | as long as short |
| Aster API3USDT | +0.0100% | 4h | 0.2605 | +0.082% | $2K | $5K | 5x | as long as short |
| Binance API3USDTshort | +0.0100% | 4h | 0.2602 | −0.044% | $2.7M | $2.0M | 50x | |
| Bybit API3USDT | +0.0100% | 4h | 0.2602 | −0.038% | $985K | $390K | 25x | as long as short |
| OKX API3-USDT-SWAP | +0.0100% | 4h | 0.2597 | −0.231% | $648K | $517K | 10x | as long as short |
| Gate API3_USDT | +0.0100% | 8h | 0.2606 | +0.115% | $129K | $94K | 50x | as long as short |
| MEXC API3_USDTlong | +0.0100% | 4h | 0.2603 | long leg | $460K | $252K | 50x | |
| KuCoin API3USDTM | +0.0100% | 4h | 0.2602 | −0.038% | $1.0M | $271K | 30x | as long as short |
| Bitget API3USDT | +0.0100% | 4h | 0.2599 | −0.154% | $659K | $204K | 20x | as long as short |
Kraken Futures PF_API3USD
BloFin API3-USDT
Aster API3USDT
Bybit API3USDT
OKX API3-USDT-SWAP
Gate API3_USDT
KuCoin API3USDTM
Bitget API3USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX API3-USDT | +0.0100% | 4h | 0.2601 | −0.077% | — | $6.7M | — | as long as short |
| Variational Omni API3 | +0.0100% | 4h | 0.2613 | +0.386% | $6K | $1 | — | as long as short |
BingX API3-USDT
Variational Omni API3