Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.010%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$720.723% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.010%, 7d avg −0.005%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC AUCTION_USDT | 3.7160 | 0.0100 | pay 0.0050% / 4h | 42m 57s | $436K | $145K | 20x |
| Short | Binance AUCTIONUSDT | 3.7156 | 0.0100 | get 0.0050% / 4h | 42m 57s | $2.4M | $1.7M | 50x |
MEXC AUCTION_USDT
Binance AUCTIONUSDTFunding 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: −0.010% → −0.005%
- −$0.5
- Slippage, 4 orders
- −$58.34
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$72.84
- Costs to cover
- 0.723%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 48 min ago; Binance: live order book, 7 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, 48 min ago | 1.35 bp | 13.1 bp −$13 | 46.5 bp −$465 | 102.6 bp −$10.3K | 255.0 bp −$127.5K |
| Sell Binance live order book, 7 min ago | 1.34 bp | 26.8 bp −$27 | 117.8 bp −$1,178 | doesn't fit | doesn't fit |
AUCTION on 11 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_AUCTIONUSD | −0.1025% | 1h | 3.7160 | −0.001% | $8K | $259 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.7177 | +0.045% | $714 | $3K | 5x | as long as short |
| Binance AUCTIONUSDTshort | +0.0100% | 4h | 3.7156 | −0.010% | $2.4M | $1.7M | 50x | |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.7200 | +0.108% | $590K | $265K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.7190 | +0.081% | $796K | $703K | 20x | as long as short |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.7180 | +0.054% | $103K | $68K | 50x | as long as short |
| MEXC AUCTION_USDTlong | +0.0100% | 4h | 3.7160 | long leg | $436K | $145K | 20x | |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.7180 | +0.054% | $341K | $123K | 20x | as long as short |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.7150 | −0.027% | $379K | $151K | 25x | as long as short |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.7170 | +0.027% | — | $16.6M | — | as long as short |
Kraken Futures PF_AUCTIONUSD
Aster AUCTIONUSDT
Bybit AUCTIONUSDT
OKX AUCTION-USDT-SWAP
Gate AUCTION_USDT
KuCoin AUCTIONUSDTM
Bitget AUCTIONUSDT
BingX AUCTION-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.7203 | +0.115% | $172 | $38 | — | as long as short |
Variational Omni AUCTION