Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.084%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$990.995% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.111%+$11 · spread now −0.084%, 7d avg −0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.069% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance C98USDT | 0.01621 | 0.0100 | pay 0.0100% / 8h | 2h 37m | $1.4M | $2.1M | 50x |
| Short | MEXC C98_USDT | 0.01620 | 0.0100 | get 0.0100% / 8h | 2h 37m | $280K | $105K | 100x |
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
- Price spread: −0.084% → −0.015%
- −$6.86
- Slippage, 4 orders
- −$85.46
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$106.32
- Costs to cover
- 0.995%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; MEXC: live order book, 57 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 | 6.11 bp | 35.3 bp −$35 | 294.3 bp −$2,943 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 57 min ago | 3.07 bp | 11.3 bp −$11 | 63.7 bp −$637 | 282.3 bp −$28.2K | 614.7 bp −$307.4K |
C98 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_C98USD | −0.0025% | 1h | 0.01613 | −0.496% | $17K | $2K | 10x | as long as short |
| BloFin C98-USDT | +0.0084% | 8h | 0.01620 | −0.084% | $131K | $18K | 50x | as long as short |
| Binance C98USDTlong | +0.0100% | 8h | 0.01621 | long leg | $1.4M | $2.1M | 50x | |
| Bybit C98USDT | +0.0100% | 8h | 0.01621 | −0.053% | $860K | $331K | 25x | as long as short |
| Gate C98_USDT | +0.0100% | 8h | 0.01626 | +0.286% | $105K | $47K | 25x | as long as short |
| MEXC C98_USDTshort | +0.0100% | 8h | 0.01620 | −0.084% | $280K | $105K | 100x | |
| KuCoin C98USDTM | +0.0100% | 8h | 0.01623 | +0.101% | $196K | $39K | 20x | as long as short |
| Bitget C98USDT | +0.0100% | 8h | 0.01621 | −0.022% | $190K | $352K | 50x | as long as short |
| Variational Omni C98 | +0.0100% | 8h | 0.01622 | +0.055% | $8K | $202 | — | as long as short |
Binance C98USDT
MEXC C98_USDT
Kraken Futures PF_C98USD
BloFin C98-USDT
Bybit C98USDT
Gate C98_USDT
KuCoin C98USDTM
Bitget C98USDT
Variational Omni C98