Settings8H · net · $10k
Funding arb · Price arb /

APR

all APR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against Binance0.000%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1021.024% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.126%+$13 · spread now 0.000%, 7d avg −0.021%
Together, before fees+0.125%+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.021% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance APRUSDT0.14640.0100pay 0.0050% / 4h1h 13m$6.7M$5.3M50x
ShortMEXC APR_USDT0.14640.0100get 0.0050% / 4h1h 13m$361K$176K50x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: 0.000% → −0.021%
$2.14
Slippage, 4 orders
−$84.43
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$100.3
Costs to cover
1.024%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; MEXC: live order book, 31 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 10 min ago3.41 bp33.4 bp −$33212.8 bp −$2,128doesn't fitdoesn't fit
Sell MEXC live order book, 31 min ago3.41 bp18.4 bp −$1866.6 bp −$666259.6 bp −$26.0K797.7 bp −$398.9K

APR on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APRUSDTlong+0.0100%4h0.1464long leg$6.7M$5.3M50x
Bybit APRUSDT+0.0100%4h0.1465+0.055%$1.4M$664K20xas long as short
MEXC APR_USDTshort+0.0100%4h0.14640.000%$361K$176K50x
SunX APR-USDT+0.0100%4h0.1466+0.102%$2K$1.1M20xas long as short
BloFin APR-USDT+0.0114%4h0.1468+0.273%$289K$111K50xas long as short
Bitget APRUSDT+0.0200%4h0.1465+0.068%$3.9M$957K50xas long as short
HTX APR-USDT+0.0231%4h0.1472+0.546%$19K$58K20xas long as short
OKX APR-USDT-SWAP+0.0400%4h0.1466+0.137%$1.3M$2.5M20xas long as short
BingX APR-USDT+0.0406%4h0.1465+0.068%$1.4Mas long as short
Gate APR_USDT+0.0670%4h0.1464+0.014%$692K$183K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster APRUSDT+0.0835%4h0.1464+0.016%$71K$100K5xas long as short
KuCoin APRUSDTM+0.0892%4h0.1467+0.205%$2.4M$348K50xas long as short