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: Binance against MEXC−0.001%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1021.024% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now −0.001%, 7d avg +0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.023% cheaper against MEXC than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC APR_USDT | 0.1464 | 0.0100 | pay 0.0050% / 4h | 1h 14m | $361K | $176K | 50x |
| Short | Binance APRUSDT | 0.1464 | 0.0100 | get 0.0050% / 4h | 1h 14m | $6.7M | $5.3M | 50x |
MEXC APR_USDT
Binance APRUSDTFunding 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: −0.001% → +0.021%
- −$2.26
- Slippage, 4 orders
- −$84.43
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$104.69
- Costs to cover
- 1.024%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 30 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, 30 min ago | 3.41 bp | 16.8 bp −$17 | 78.2 bp −$782 | 278.5 bp −$27.8K | 792.1 bp −$396.1K |
| Sell Binance live order book, 9 min ago | 3.41 bp | 33.9 bp −$34 | 133.7 bp −$1,337 | doesn't fit | doesn't fit |
APR 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance APRUSDTshort | +0.0100% | 4h | 0.1464 | −0.001% | $6.7M | $5.3M | 50x | |
| Bybit APRUSDT | +0.0100% | 4h | 0.1465 | +0.068% | $1.4M | $664K | 20x | as long as short |
| MEXC APR_USDTlong | +0.0100% | 4h | 0.1464 | long leg | $361K | $176K | 50x | |
| SunX APR-USDT | +0.0100% | 4h | 0.1466 | +0.137% | $2K | $1.1M | 20x | as long as short |
| BloFin APR-USDT | +0.0114% | 4h | 0.1468 | +0.273% | $289K | $111K | 50x | as long as short |
| Bitget APRUSDT | +0.0208% | 4h | 0.1465 | +0.048% | $3.9M | $956K | 50x | as long as short |
| HTX APR-USDT | +0.0234% | 4h | 0.1471 | +0.478% | $19K | $58K | 20x | as long as short |
| BingX APR-USDT | +0.0406% | 4h | 0.1463 | −0.068% | — | $1.4M | — | as long as short |
| OKX APR-USDT-SWAP | +0.0407% | 4h | 0.1466 | +0.137% | $1.3M | $2.5M | 20x | as long as short |
| Gate APR_USDT | +0.0684% | 4h | 0.1466 | +0.116% | $692K | $183K | 25x | as long as short |
Bybit APRUSDT
SunX APR-USDT
BloFin APR-USDT
Bitget APRUSDT
HTX APR-USDT
BingX APR-USDT
OKX APR-USDT-SWAP
Gate APR_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APRUSDT | +0.0835% | 4h | 0.1466 | +0.136% | $71K | $100K | 5x | as long as short |
| KuCoin APRUSDTM | +0.0902% | 4h | 0.1468 | +0.260% | $2.4M | $348K | 50x | as long as short |
Aster APRUSDT
KuCoin APRUSDTM