Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.3% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against Binance−0.003%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1191.194% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.287%+$29 · spread now −0.003%, 7d avg +0.001%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CTRUSDT | 0.01187 | 0.1362 | pay 0.0681% / 4h | 3h 29m | $2.2M | $827K | 20x |
| Short | MEXC CTR_USDT | 0.01187 | 0.1360 | get 0.0680% / 4h | 3h 29m | $650K | $154K | 20x |
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
- −$0.49
- Price spread: −0.003% → +0.001%
- −$0.46
- Slippage, 4 orders
- −$101.37
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$120.32
- Costs to cover
- 1.194%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; MEXC: live order book, 14 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, 8 min ago | 0.84 bp | 45.7 bp −$46 | 515.9 bp −$5,159 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 14 min ago | 4.62 bp | 22.0 bp −$22 | 90.8 bp −$908 | 576.3 bp −$57.6K | doesn't fit |
CTR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter CTR | +0.0096% | 1h | 0.01186 | −0.121% | $10K | $339 | 3x | as long as short |
| Bybit CTRUSDT | +0.0100% | 4h | 0.01188 | +0.005% | $257K | $118K | 20x | as long as short |
| KuCoin CTRUSDTM | +0.0100% | 4h | 0.01188 | +0.047% | $276K | $355K | 20x | as long as short |
| Aster CTRUSDT | +0.0944% | 4h | 0.01186 | −0.094% | $9K | $6K | 5x | as long as short |
| Gate CTR_USDT | +0.1062% | 4h | 0.01191 | +0.300% | $114K | $16K | 20x | as long as short |
| Bitget CTRUSDT | +0.1132% | 4h | 0.01188 | +0.047% | $543K | $55K | 20x | as long as short |
| MEXC CTR_USDTshort | +0.1360% | 4h | 0.01187 | −0.003% | $650K | $154K | 20x | |
| Binance CTRUSDTlong | +0.1362% | 4h | 0.01187 | long leg | $2.2M | $827K | 20x |
Binance CTRUSDT
MEXC CTR_USDT
Lighter CTR
Bybit CTRUSDT
KuCoin CTRUSDTM
Aster CTRUSDT
Gate CTR_USDT
Bitget CTRUSDT