Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance0.000%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1041.036% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)+0.076%+$8 · spread now 0.000%, 7d avg −0.015%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AXLUSDT | 0.05195 | 0.0100 | pay 0.0050% / 4h | 1h 10m | $1.8M | $4.1M | 50x |
| Short | MEXC AXL_USDT | 0.05195 | 0.0100 | get 0.0050% / 4h | 1h 10m | $347K | $162K | 50x |
Binance AXLUSDT
MEXC AXL_USDTFunding 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
- $0
- Price spread: 0.000% → −0.015%
- $1.52
- Slippage, 4 orders
- −$89.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$102.08
- Costs to cover
- 1.036%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; MEXC: live order book, 63 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, 12 min ago | 1.93 bp | 25.8 bp −$26 | 129.1 bp −$1,291 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 63 min ago | 4.81 bp | 21.2 bp −$21 | 72.3 bp −$723 | 122.2 bp −$12.2K | doesn't fit |
AXL on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX AXL-USDT | +0.0070% | 4h | 0.05201 | +0.115% | — | $2.3M | — | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05201 | +0.122% | $34K | $6K | 5x | as long as short |
| Binance AXLUSDTlong | +0.0100% | 4h | 0.05195 | long leg | $1.8M | $4.1M | 50x | |
| Bybit AXLUSDT | +0.0100% | 4h | 0.05201 | +0.115% | $1.4M | $1.9M | 25x | as long as short |
| MEXC AXL_USDTshort | +0.0100% | 4h | 0.05195 | 0.000% | $347K | $162K | 50x | |
| KuCoin AXLUSDTM | +0.0100% | 4h | 0.05200 | +0.096% | $436K | $93K | 30x | as long as short |
| Bitget AXLUSDT | +0.0100% | 4h | 0.05199 | +0.077% | $573K | $301K | 50x | as long as short |
| Variational Omni AXL | +0.0100% | 4h | 0.05198 | +0.054% | $6K | $24K | — | as long as short |
| BloFin AXL-USDT | +0.0148% | 4h | 0.05197 | +0.038% | $121K | $12K | 50x | as long as short |
BingX AXL-USDT
Aster AXLUSDT
Bybit AXLUSDT
KuCoin AXLUSDTM
Bitget AXLUSDT
Variational Omni AXL
BloFin AXL-USDT