Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.0% APRnext payment −$0.05 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against MEXC+0.056%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1611.613% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.056%, 7d avg +0.029%
=The price spread pays, funding is against you. Binance is 0.027% dearer against MEXC than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of +0.029%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 9.5 days. At the pace of the last 7 days (−0.001% in total) that is about 5 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CLANKER_USDT | 13.640 | 0.0192 | pay 0.0096% / 4h | 1h 14m | $385K | $273K | 50x |
| Short | Binance CLANKERUSDT | 13.648 | 0.0183 | get 0.0091% / 4h | 1h 14m | $1.8M | $5.6M | 25x |
MEXC CLANKER_USDT
Binance CLANKERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$2
- Price spread: +0.056% → +0.029%
- $2.7
- Slippage, 4 orders
- −$147.33
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$160.62
- Costs to cover
- 1.613%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 31 min ago; Binance: live order book, 9 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, 31 min ago | 3.70 bp | 27.5 bp −$28 | 136.7 bp −$1,367 | 463.4 bp −$46.3K | doesn't fit |
| Sell Binance live order book, 9 min ago | 3.68 bp | 52.1 bp −$52 | 207.5 bp −$2,075 | doesn't fit | doesn't fit |
CLANKER on 10 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 CLANKER-USDT | +0.0070% | 4h | 13.630 | −0.073% | — | $6.7M | — | as long as short |
| Bybit CLANKERUSDT | +0.0100% | 4h | 13.634 | −0.044% | $606K | $1.0M | 20x | as long as short |
| KuCoin CLANKERUSDTM | +0.0100% | 4h | 13.630 | −0.073% | $364K | $156K | 25x | as long as short |
| Bitget CLANKERUSDT | +0.0100% | 4h | 13.600 | −0.293% | $615K | $520K | 20x | as long as short |
| Gate CLANKER_USDT | +0.0116% | 4h | 13.590 | −0.367% | $123K | $163K | 25x | as long as short |
| Variational Omni CLANKER | +0.0155% | 4h | 13.625 | −0.111% | $27K | $31K | — | as long as short |
| Binance CLANKERUSDTshort | +0.0183% | 4h | 13.648 | +0.056% | $1.8M | $5.6M | 25x | |
| MEXC CLANKER_USDTlong | +0.0192% | 4h | 13.640 | long leg | $385K | $273K | 50x | |
| BloFin CLANKER-USDT | +0.0252% | 4h | 13.610 | −0.220% | $119K | $22K | 25x | as long as short |
| Aster CLANKERUSDT | +0.0889% | 4h | 13.613 | −0.197% | $15K | $33K | 5x | as long as short |
BingX CLANKER-USDT
Bybit CLANKERUSDT
KuCoin CLANKERUSDTM
Bitget CLANKERUSDT
Gate CLANKER_USDT
Variational Omni CLANKER
BloFin CLANKER-USDT
Aster CLANKERUSDT