Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.029%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$700.698% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.003%$0 · spread now −0.029%, 7d avg −0.019%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BILLUSDT | 0.01383 | 0.0312 | pay 0.0156% / 4h | 3h 39m | $2.5M | $3.6M | 20x |
| Short | MEXC BILL_USDT | 0.01383 | 0.0316 | get 0.0158% / 4h | 3h 39m | $987K | $322K | 50x |
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
- $0.81
- Price spread: −0.029% → −0.019%
- −$1.01
- Slippage, 4 orders
- −$59.76
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$69.96
- Costs to cover
- 0.698%
- Break-even
- 611.1 days
Slippage from Binance: live order book, 12 min ago; MEXC: live order book, 1 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 | 3.60 bp | 25.6 bp −$26 | 163.6 bp −$1,636 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 3.61 bp | 6.3 bp −$6 | 55.4 bp −$554 | 287.6 bp −$28.8K | doesn't fit |
BILL on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BILL-USDT | +0.0044% | 4h | 0.01387 | +0.260% | $145K | $19K | 20x | as long as short |
| Aster BILLUSDT | +0.0100% | 4h | 0.01384 | +0.039% | $2K | $4K | 5x | as long as short |
| Bybit BILLUSDT | +0.0100% | 4h | 0.01383 | −0.029% | $1.3M | $938K | 20x | as long as short |
| OKX BILL-USDT-SWAP | +0.0100% | 4h | 0.01383 | −0.029% | $1.0M | $2.5M | 20x | as long as short |
| Gate BILL_USDT | +0.0100% | 4h | 0.01384 | +0.043% | $280K | $82K | 20x | as long as short |
| Bitget BILLUSDT | +0.0100% | 4h | 0.01384 | +0.043% | $630K | $850K | 20x | as long as short |
| SunX BILL-USDT | +0.0100% | 4h | 0.01385 | +0.116% | $2K | $1.1M | 20x | as long as short |
| Backpack BILL_USDC_PERP | +0.0153% | 1h | 0.01384 | +0.043% | $21K | $926 | 5x | as long as short |
| Extended BILL-USD | +0.0312% | 1h | 0.01384 | +0.040% | $1K | $266K | 5x | as long as short |
| Binance BILLUSDTlong | +0.0312% | 4h | 0.01383 | long leg | $2.5M | $3.6M | 20x |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BILL_USDTshort | +0.0316% | 4h | 0.01383 | −0.029% | $987K | $322K | 50x | |
| BingX BILL-USDT | +0.0318% | 4h | 0.01383 | −0.029% | — | $1.7M | — | as long as short |
| Coinbase International BILL-PERP-INTX | +0.0632% | 1h | 0.01386 | +0.181% | $47K | $100K | 50x | as long as short |
| HTX BILL-USDT | +0.0827% | 4h | 0.01390 | +0.477% | $17K | $8K | 20x | as long as short |
| KuCoin BILLUSDTM | +0.0956% | 4h | 0.01384 | +0.058% | $445K | $281K | 20x | as long as short |
| Deribit BILL_USDC-PERPETUAL | +0.1775% | 1h | 0.01385 | +0.152% | $108K | $14K | 10x | as long as short |
Binance BILLUSDT
MEXC BILL_USDT
BloFin BILL-USDT
Aster BILLUSDT
Bybit BILLUSDT
OKX BILL-USDT-SWAP
Gate BILL_USDT
Bitget BILLUSDT
SunX BILL-USDT
Backpack BILL_USDC_PERP
Extended BILL-USD
BingX BILL-USDT
Coinbase International BILL-PERP-INTX
HTX BILL-USDT
KuCoin BILLUSDTM
Deribit BILL_USDC-PERPETUAL