Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.02 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against Binance−0.050%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$660.663% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now −0.050%, 7d avg −0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.045% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BUSDT | 0.2019 | 0.0888 | pay 0.0444% / 4h | 1h 53m | $11.7M | $2.0M | 20x |
| Short | MEXC B_USDT | 0.2018 | 0.0884 | get 0.0442% / 4h | 1h 53m | $967K | $346K | 100x |
Binance BUSDT
MEXC B_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
- −$0.83
- Price spread: −0.050% → −0.004%
- −$4.51
- Slippage, 4 orders
- −$52.3
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$71.64
- Costs to cover
- 0.663%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; MEXC: live order book, 26 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, 2 min ago | 4.95 bp | 27.0 bp −$27 | 389.5 bp −$3,895 | 10399.0 bp −$1.04M | doesn't fit |
| Sell MEXC live order book, 26 min ago | 2.47 bp | 6.1 bp −$6 | 45.1 bp −$451 | 208.0 bp −$20.8K | doesn't fit |
B 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate B_USDT | +0.0100% | 4h | 0.2016 | −0.149% | $3.4M | $583K | 20x | as long as short |
| KuCoin BUSDTM | +0.0100% | 4h | 0.2015 | −0.213% | $1.9M | $71K | 10x | as long as short |
| edgeX BUSDC | +0.0862% | 4h | 0.2022 | +0.163% | $3K | $390K | 5x | as long as short |
| MEXC B_USDTshort | +0.0884% | 4h | 0.2018 | −0.050% | $967K | $346K | 100x | |
| Binance BUSDTlong | +0.0888% | 4h | 0.2019 | long leg | $11.7M | $2.0M | 20x | |
| Extended B-USD | +0.0888% | 1h | 0.2018 | −0.040% | $15K | $117K | 5x | as long as short |
| BloFin B-USDT | +0.0919% | 4h | 0.2023 | +0.198% | $593K | $39K | 20x | as long as short |
| Bybit BUSDT | +0.1001% | 4h | 0.2017 | −0.109% | $1.7M | $949K | 13x | as long as short |
| BingX B-USDT | +0.1022% | 4h | 0.2019 | 0.000% | — | $1.2M | — | as long as short |
| Bitget BUSDT | +0.1122% | 4h | 0.2020 | +0.050% | $2.7M | $230K | 10x | as long as short |
Gate B_USDT
KuCoin BUSDTM
edgeX BUSDC
Extended B-USD
BloFin B-USDT
Bybit BUSDT
BingX B-USDT
Bitget BUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1356% | 4h | 0.2020 | +0.027% | $1.9M | $205K | 5x | as long as short |
Aster BUSDT