Funding you earn now, next payment 04:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against MEXC−0.159%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1011.006% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 7 days+0.140%+$14 · spread now −0.159%, 7d avg +0.004%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.163% cheaper against MEXC than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.004%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BAN_USDT | 0.06916 | 0.0678 | pay 0.0339% / 4h | 47m 34s | $8.3M | $151K | 100x |
| Short | Binance BANUSDT | 0.06905 | 0.0666 | get 0.0333% / 4h | 47m 34s | $6.8M | $806K | 25x |
MEXC BAN_USDT
Binance BANUSDTFunding 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
- −$2.43
- Price spread: −0.159% → +0.004%
- −$16.28
- Slippage, 4 orders
- −$86.63
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$119.34
- Costs to cover
- 1.006%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Binance: live order book, 6 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, 5 min ago | 2.17 bp | 11.3 bp −$11 | 89.7 bp −$897 | 226.7 bp −$22.7K | 570.2 bp −$285.1K |
| Sell Binance live order book, 6 min ago | 2.17 bp | 40.3 bp −$40 | 488.4 bp −$4,884 | doesn't fit | doesn't fit |
BAN on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BANUSDT | +0.0100% | 4h | 0.06894 | −0.318% | $2.9M | $270K | 13x | as long as short |
| Gate BAN_USDT | +0.0100% | 8h | 0.06915 | −0.014% | $1.2M | $53K | 20x | as long as short |
| KuCoin BANUSDTM | +0.0100% | 4h | 0.06916 | 0.000% | $314K | $16K | 20x | as long as short |
| Bitget BANUSDT | +0.0100% | 4h | 0.06913 | −0.043% | $1.1M | $63K | 25x | as long as short |
| Variational Omni BAN | +0.0100% | 4h | 0.06910 | −0.083% | $16 | — | — | as long as short |
| Aster BANUSDT | +0.0618% | 4h | 0.06912 | −0.051% | $12K | $660 | 5x | as long as short |
| Binance BANUSDTshort | +0.0666% | 4h | 0.06905 | −0.159% | $6.8M | $806K | 25x | |
| MEXC BAN_USDTlong | +0.0678% | 4h | 0.06916 | long leg | $8.3M | $151K | 100x |
Bybit BANUSDT
Gate BAN_USDT
KuCoin BANUSDTM
Bitget BANUSDT
Variational Omni BAN
Aster BANUSDT