Funding you earn now, next payment 00:00 UTC−0.0111%/8h= −12.2% APRnext payment −$1.11 per $10,000 · paid last 24h −0.021%
Price spread now: MEXC against Binance−0.097%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$180.177% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 7 days+0.077%+$8 · spread now −0.097%, 7d avg −0.018%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.080% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARBUSDT | 0.2260 | −0.0001 | get 0.0001% / 8h | 6m 11s | $66.5M | $313.2M | 75x |
| Short | MEXC ARB_USDT | 0.2258 | −0.0112 | pay 0.0112% / 8h | 6m 11s | $38.3M | $60.2M | 200x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$23.33
- Price spread: −0.097% → −0.018%
- −$7.97
- Slippage, 4 orders
- −$7.67
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$48.97
- Costs to cover
- 0.177%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 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, 7 min ago | 0.22 bp | 6.9 bp −$7 | 17.9 bp −$179 | 73.2 bp −$7,322 | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.22 bp | 2.0 bp −$2 | 12.4 bp −$124 | 42.6 bp −$4,257 | 77.4 bp −$38.7K |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1785% | 1h | 0.2256 | −0.177% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0238% | 1h | 0.2257 | −0.128% | $66K | $2.0M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0208% | 1h | 0.2256 | −0.155% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0196% | 8h | 0.2255 | −0.210% | $2.0M | $2.8M | — | as long as short |
| SoDEX ARB-USD | −0.0182% | 1h | 0.2256 | −0.164% | $4K | $2.6M | 5x | as long as short |
| Bybit ARBUSDT | −0.0180% | 8h | 0.2259 | −0.053% | $58.2M | $128.0M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0149% | 1h | 0.2256 | −0.159% | $25K | $34K | 25x | as long as short |
| OKX ARB-USDT-SWAP | −0.0113% | 8h | 0.2260 | +0.004% | $22.8M | $158.9M | 50x | as long as short |
| MEXC ARB_USDTshort | −0.0112% | 8h | 0.2258 | −0.097% | $38.3M | $60.2M | 200x | |
| Orderly PERP_ARB_USDC | −0.0041% | 8h | 0.2256 | −0.177% | $13K | $394K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARB_USDT | −0.0017% | 8h | 0.2260 | +0.009% | $5.4M | $20.3M | 60x | as long as short |
| Binance ARBUSDTlong | −0.0001% | 8h | 0.2260 | long leg | $66.5M | $313.2M | 75x | |
| dYdX ARB-USD | 0.0000% | 1h | 0.2259 | −0.057% | $67K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2255 | −0.232% | $359K | $2.3M | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2258 | −0.089% | $56K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0052% | 8h | 0.2258 | −0.088% | $21.3M | $35.9M | 50x | as long as short |
| BloFin ARB-USDT | +0.0053% | 8h | 0.2262 | +0.093% | $3.1M | $2.8M | 75x | as long as short |
| BingX ARB-USDC | +0.0059% | 8h | 0.2257 | −0.133% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2257 | −0.147% | $148K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2260 | −0.013% | $1.4M | $7.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2262 | +0.088% | $41.0M | $47.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2257 | −0.124% | $704K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2259 | −0.065% | $47K | $183K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2257 | −0.115% | $19.6M | $16.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2263 | +0.113% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2263 | +0.133% | $485K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2264 | +0.177% | $122K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2259 | −0.044% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2257 | −0.115% | $290K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2258 | −0.088% | $5.2M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2260 | 0.000% | $510K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0237% | 1h | 0.2260 | +0.008% | $1.1M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2256 | −0.172% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0297% / S −0.0186% | 1h | 0.2257 | −0.112% | $924K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2259 | −0.044% | $513K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0453% | 1h | 0.2262 | +0.088% | $1.0M | $2.8M | 20x | as long as short |
Binance ARBUSDT
MEXC ARB_USDT
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
01 Exchange ARBUSD
Variational Omni ARB
SoDEX ARB-USD
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
OKX ARB-USDT-SWAP
Gate ARB_USDT
Extended ARB-USD
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
BloFin ARB-USDT
BingX ARB-USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP