Funding you earn now, next payment 00:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.031%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$760.764% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 7 days−0.027%−$3 · spread now +0.031%, 7d avg +0.009%
=The price spread pays, funding is against you. MEXC is 0.021% dearer against Binance than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of +0.009%): +$2 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 5.9 days. At the pace of the last 7 days (−0.003% in total) that is about 53 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BULLAUSDT | 0.1060 | 0.2054 | pay 0.1027% / 4h | 52m 29s | $11.5M | $9.2M | 10x |
| Short | MEXC BULLA_USDT | 0.1060 | 0.2042 | get 0.1021% / 4h | 52m 29s | $7.7M | $418K | 20x |
Binance BULLAUSDT
MEXC BULLA_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
- −$2.5
- Price spread: +0.031% → +0.009%
- $2.12
- Slippage, 4 orders
- −$62.36
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$76.74
- Costs to cover
- 0.764%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; MEXC: live order book, 10 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, 3 min ago | 0.47 bp | 17.3 bp −$17 | 265.6 bp −$2,656 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 10 min ago | 0.95 bp | 12.2 bp −$12 | 50.4 bp −$504 | 333.0 bp −$33.3K | doesn't fit |
BULLA on 5 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 BULLA_USDT | +0.0100% | 4h | 0.1063 | +0.307% | $1.3M | $249K | 10x | as long as short |
| Aster BULLAUSDT | +0.0912% | 4h | 0.1059 | −0.092% | $5.9M | $1.1M | 5x | as long as short |
| BingX BULLA-USDT | +0.1903% | 4h | 0.1060 | +0.012% | — | $6.6M | — | as long as short |
| MEXC BULLA_USDTshort | +0.2042% | 4h | 0.1060 | +0.031% | $7.7M | $418K | 20x | |
| Binance BULLAUSDTlong | +0.2054% | 4h | 0.1060 | long leg | $11.5M | $9.2M | 10x |
Gate BULLA_USDT
Aster BULLAUSDT
BingX BULLA-USDT