Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.015%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$900.903% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now −0.015%, 7d avg −0.011%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ERAUSDT | 0.06760 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $2.1M | $4.3M | 25x |
| Short | MEXC ERA_USDT | 0.06759 | 0.0100 | get 0.0050% / 4h | 3h 40m | $520K | $137K | 20x |
Binance ERAUSDT
MEXC ERA_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
- $0
- Price spread: −0.015% → −0.011%
- −$0.36
- Slippage, 4 orders
- −$76.26
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$90.61
- Costs to cover
- 0.903%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; MEXC: live order book, 25 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 | 1.48 bp | 24.1 bp −$24 | 232.9 bp −$2,329 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 25 min ago | 1.47 bp | 18.4 bp −$18 | 69.7 bp −$697 | 629.1 bp −$62.9K | doesn't fit |
ERA 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ERA_USDT | −0.0262% | 4h | 0.06757 | −0.044% | $147K | $671K | 25x | as long as short |
| Aster ERAUSDT | +0.0100% | 4h | 0.06758 | −0.029% | $5K | $12K | 5x | as long as short |
| Binance ERAUSDTlong | +0.0100% | 4h | 0.06760 | long leg | $2.1M | $4.3M | 25x | |
| Bybit ERAUSDT | +0.0100% | 4h | 0.06754 | −0.089% | $742K | $761K | 25x | as long as short |
| MEXC ERA_USDTshort | +0.0100% | 4h | 0.06759 | −0.015% | $520K | $137K | 20x | |
| KuCoin ERAUSDTM | +0.0100% | 4h | 0.06756 | −0.059% | $134K | $45K | 25x | as long as short |
| Bitget ERAUSDT | +0.0100% | 4h | 0.06759 | −0.015% | $813K | $242K | 25x | as long as short |
| BingX ERA-USDT | +0.0100% | 4h | 0.06761 | +0.015% | — | $6.6M | — | as long as short |
| Variational Omni ERA | +0.0100% | 4h | 0.06759 | −0.015% | $10K | $594 | — | as long as short |
Gate ERA_USDT
Aster ERAUSDT
Bybit ERAUSDT
KuCoin ERAUSDTM
Bitget ERAUSDT
BingX ERA-USDT
Variational Omni ERA