Funding you earn now, next payment 04:00 UTC−0.0278%/8h= −30.4% APRnext payment −$1.39 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Binance−0.042%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$550.549% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 7 days+0.022%+$2 · spread now −0.042%, 7d avg 0.000%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and MEXC is 0.043% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.068% in total (about -3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.39 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CCUSDT | 0.1178 | 0.0100 | pay 0.0050% / 4h | 2h 31m | $11.1M | $12.0M | 75x |
| Short | MEXC CC_USDT | 0.1178 | −0.0178 | pay 0.0089% / 4h | 2h 31m | $1.6M | $314K | 100x |
Binance CCUSDT
MEXC CC_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
- −$58.38
- Price spread: −0.042% → 0.000%
- −$4.29
- Slippage, 4 orders
- −$40.93
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$117.61
- Costs to cover
- 0.549%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; MEXC: live order book, 5 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, 9 min ago | 3.00 bp | 18.6 bp −$19 | 72.9 bp −$729 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.43 bp | 7.9 bp −$8 | 62.8 bp −$628 | 222.9 bp −$22.3K | 809.1 bp −$404.5K |
CC on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.3556% | 1h | 0.1161 | −1.477% | $6K | $99 | 5.5x | as long as short |
| MEXC CC_USDTshort | −0.0178% | 4h | 0.1178 | −0.042% | $1.6M | $314K | 100x | |
| Bybit CCUSDT | −0.0173% | 4h | 0.1178 | −0.017% | $10.7M | $3.9M | 25x | as long as short |
| Paradex CC-USD-PERP | +0.0087% | 8h | 0.1177 | −0.112% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1181 | +0.195% | $5.5M | $1.4M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1178 | −0.019% | $35K | $39K | 20x | as long as short |
| Binance CCUSDTlong | +0.0100% | 4h | 0.1178 | long leg | $11.1M | $12.0M | 75x | |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1180 | +0.127% | $2.6M | $3.6M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1177 | −0.093% | $366K | $219K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1179 | +0.093% | $485K | $123K | 50x | as long as short |
Injective CC/USDC PERP
Bybit CCUSDT
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
KuCoin CCUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1179 | +0.025% | $933K | $805K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1178 | 0.000% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1178 | −0.042% | $15K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1176 | −0.236% | $600K | $55K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1176 | −0.189% | $79K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1177 | −0.116% | $6K | $36K | 6.7x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0449% / S −0.0241% | 1h | 0.1178 | +0.008% | $44K | — | 50x | as long as short |
| Lighter CC | +0.0760% | 1h | 0.1183 | +0.382% | $239K | $155K | 5x | as long as short |
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
GMX CC/USD [WBTC.b-USDC]
Lighter CC