Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against Binance−0.028%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1081.084% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 7 days+0.070%+$7 · spread now −0.028%, 7d avg −0.004%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and MEXC is 0.024% cheaper against Binance than usual: you would sell low and buy high (−$2 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 | Binance BRUSDT | 1.1447 | 0.0898 | pay 0.0449% / 4h | 1h 39m | $54.5M | $135.8M | 25x |
| Short | MEXC BR_USDT | 1.1444 | 0.0888 | get 0.0444% / 4h | 1h 39m | $15.4M | $6.4M | 100x |
Binance BRUSDT
MEXC BR_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
- −$2.05
- Price spread: −0.028% → −0.004%
- −$2.39
- Slippage, 4 orders
- −$94.44
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$112.88
- Costs to cover
- 1.084%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago | 0.04 bp | 14.3 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.71 bp | 43.4 bp −$43 | 57.8 bp −$578 | 172.0 bp −$17.2K | 482.1 bp −$241.1K |
BR 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDT | +0.0080% | 4h | 1.1435 | −0.107% | — | $5.8M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1435 | −0.108% | $11.0M | $22.1M | 5x | as long as short |
| Gate BR_USDT | +0.0100% | 4h | 1.1447 | +0.001% | $7.6M | $8.5M | 20x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1462 | +0.131% | $269K | $272K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1431 | −0.143% | — | $730K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1521 | +0.645% | $87K | $233K | 20x | as long as short |
| Bitget BRUSDT | +0.0118% | 4h | 1.1449 | +0.016% | $8.4M | $10.3M | 10x | as long as short |
| KuCoin BRUSDTM | +0.0276% | 4h | 1.1441 | −0.056% | $5.0M | $5.0M | 30x | as long as short |
| Aster BRUSDT | +0.0289% | 4h | 1.1426 | −0.183% | $665K | $2.3M | 5x | as long as short |
| MEXC BR_USDTshort | +0.0888% | 4h | 1.1444 | −0.028% | $15.4M | $6.4M | 100x |
BingX BR-USDT
Bybit BRUSDT
Gate BR_USDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
Bitget BRUSDT
KuCoin BRUSDTM
Aster BRUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRUSDTlong | +0.0898% | 4h | 1.1447 | long leg | $54.5M | $135.8M | 25x |