Funding you earn now, next payment 23:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.009%
Price spread now: StandX against MEXC+0.125%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2as in the Price arb table
costs, in and out, $10k−$150.149% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 7 days−0.139%−$14 · spread now +0.125%, 7d avg −0.004%
=Together, before fees−0.102%+ Points / potential airdropStandX: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and StandX is 0.129% dearer against MEXC than usual: you sell high and buy low: +$13 more if the spread 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 | MEXC BTC_USDT | 86,347.2 | 0.0060 | pay 0.0060% / 8h | 1h 30m | $5.12B | $5.67B | 500x |
| Short | StandX BTC-USD | 86,455.4 | 0.0100 | get 0.0013% / 1h | 30m 52s | $30.7M | $203.5M | 40x |
MEXC BTC_USDT
StandX BTC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX 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
- $8.4
- Price spread: +0.125% → −0.004%
- $12.93
- Slippage, 4 orders
- −$2.9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- $6.43
- Costs to cover
- 0.149%
- Break-even
- 1.6 days
Slippage from MEXC: live order book, 3 min ago; StandX: live order book, 3 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, 3 min ago | 0.01 bp | 2.0 bp −$2 | 2.0 bp −$20 | 2.1 bp −$210 | 2.6 bp −$1,285 |
| Sell StandX live order book, 3 min ago | 0.64 bp | 5.4 bp −$5 | 6.2 bp −$62 | 7.1 bp −$707 | 9.8 bp −$4,880 |
BTC on 56 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | −0.0500% | 1h | 86,397.1 | +0.058% | $140K | $618K | 40x | as long as short |
| Phoenix BTC | −0.0159% | 1h | 86,459 | +0.129% | $2.2M | $11.8M | 40x | as long as short |
| Aftermath Perps BTCUSD | −0.0092% | 1h | 86,549.1 | +0.234% | $83K | $216K | 20x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,440 | +0.107% | $9K | $3K | 50x | as long as short |
| Aster BTCUSDT | −0.0011% | 8h | 86,332.9 | −0.017% | $503.8M | $1.15B | 200x | as long as short |
| 01 Exchange BTCUSD | −0.0008% | 1h | 86,456.2 | +0.126% | $358K | $2.4M | 50x | as long as short |
| dYdX BTC-USD | −0.0002% | 1h | 86,483.7 | +0.158% | $17.1M | $20.7M | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0001% | 8h | 86,336.3 | −0.013% | $850.7M | $709.2M | 125x | as long as short |
| Perpl BTC | 0.0000% | 43m | 86,456.1 | +0.126% | $421K | $23.8M | 6.7x | as long as short |
| Deribit BTC-PERPETUAL | 0.0000% | 1h | 86,400.7 | +0.062% | $921.9M | $1.48B | 50x | as long as short |
Bluefin BTC-PERP
Phoenix BTC
Aftermath Perps BTCUSD
Hotstuff BTC-PERP
Aster BTCUSDT
01 Exchange BTCUSD
dYdX BTC-USD
KuCoin XBTUSDTM
Perpl BTC
Deribit BTC-PERPETUALShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 86,460.7 | +0.131% | $36.8M | — | 200x | as long as short |
| RISEx BTC/USDC | +0.0006% | 1h | 86,447.8 | +0.117% | $8.5M | $43.2M | 25x | as long as short |
| Reya BTCRUSDPERP | +0.0022% | 1h | 86,424.2 | +0.089% | $6.7M | $144.9M | 40x | as long as short |
| Injective BTC/USDC PERP | +0.0024% | 1h | 86,559 | +0.245% | $315K | $26.8M | 52x | as long as short |
| Phemex BTCUSDT | +0.0032% | 8h | 86,360 | +0.015% | $149.3M | $476.0M | 150x | as long as short |
| BingX BTC-USDT | +0.0034% | 8h | 86,344.5 | −0.003% | — | $1.59B | — | as long as short |
| Bitget BTCUSDT | +0.0043% | 8h | 86,343.7 | −0.004% | $2.95B | $5.09B | 150x | as long as short |
| Hibachi BTC/USDT-P | +0.0056% | 1h | 86,482.2 | +0.156% | $724K | $8.2M | 30x | as long as short |
| Binance BTCUSDT | +0.0060% | 8h | 86,341.9 | −0.006% | $9.40B | $24.35B | 150x | as long as short |
| MEXC BTC_USDTlong | +0.0060% | 8h | 86,347.2 | long leg | $5.12B | $5.67B | 500x | |
| Aevo BTC-PERP | +0.0064% | 1h | 86,359.9 | +0.015% | $2.4M | $1.3M | 20x | as long as short |
| Gate BTC_USDT | +0.0074% | 8h | 86,343.3 | −0.005% | $5.85B | $10.67B | 200x | as long as short |
| SoDEX BTC-USD | +0.0089% | 1h | 86,370 | +0.026% | $60.4M | $337.2M | 40x | as long as short |
| Bybit BTCUSDT | +0.0089% | 8h | 86,342.4 | −0.006% | $5.25B | $9.73B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,366.9 | +0.023% | $171.3M | $1.01B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,369.7 | +0.026% | $24.0M | $152.0M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,443 | +0.111% | $8.5M | $52.2M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,429 | +0.095% | $200K | $6.9M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,486.1 | +0.161% | $4.8M | $8.4M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,450.1 | +0.119% | $21.9M | $233.7M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,423 | +0.088% | $3.80B | $5.10B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,477.2 | +0.151% | $41.0M | $505.2M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,339.9 | −0.008% | $2.53B | $12.69B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,446 | +0.114% | $3.9M | $18.6M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,517.7 | +0.197% | $7.4M | $93.8M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,703.1 | +0.412% | $573.0M | $18.8M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,337 | −0.012% | $38.2M | $153.9M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,541.3 | +0.225% | $156.5M | $566.0M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,500.3 | +0.177% | $279.4M | $945.4M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,543.9 | +0.228% | $217.3M | $174.1M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,518.6 | +0.199% | $141.4M | $323.0M | 100x | as long as short |
| StandX BTC-USDshort | +0.0100% | 1h | 86,455.4 | +0.125% | $30.7M | $203.5M | 40x | |
| Vest BTC-PERP | +0.0100% | 1h | 86,490.4 | +0.166% | — | $11.6M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,444 | +0.112% | $11.0M | $13.7M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,439.5 | +0.107% | $191K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,380.6 | +0.039% | $2.4M | $8.6M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,375.3 | +0.033% | $30.0M | $61.6M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,422.7 | +0.087% | $3.4M | $5.4M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,330.8 | −0.019% | $2.29B | $967.5M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,329.4 | −0.021% | $45.9M | $226.1M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,468.4 | +0.140% | — | $98.5M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 86,407.9 | +0.070% | $131.4M | $5.69B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0121% | 1h | 86,394.1 | +0.054% | $190.3M | $939.6M | 100x | as long as short |
| BloFin BTC-USDT | +0.0180% | 8h | 86,337.5 | −0.011% | $413.9M | $651.2M | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0183% / S −0.0217% | 1h | 86,451.9 | +0.121% | $15.4M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0195% | 8h | 86,435 | +0.102% | $9.6M | $730.2M | 6.4x | as long as short |
gTrade (Gains Network) BTC/USD
RISEx BTC/USDC
Reya BTCRUSDPERP
Injective BTC/USDC PERP
Phemex BTCUSDT
BingX BTC-USDT
Bitget BTCUSDT
Hibachi BTC/USDT-P
Binance BTCUSDT
Aevo BTC-PERP
Gate BTC_USDT
SoDEX BTC-USD
Bybit BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-PERP
Hyperliquid BTC
Pacifica BTC
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Derive BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
BloFin BTC-USDT
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP