Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.032%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$520.525% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days+0.034%+$3 · spread now −0.032%, 7d avg +0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.036% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ESPUSDT | 0.09357 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $2.4M | $4.2M | 25x |
| Short | MEXC ESP_USDT | 0.09354 | 0.0100 | get 0.0050% / 4h | 2h 38m | $1.2M | $105K | 20x |
Binance ESPUSDT
MEXC ESP_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: −0.032% → +0.004%
- −$3.6
- Slippage, 4 orders
- −$38.47
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$56.07
- Costs to cover
- 0.525%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; MEXC: live order book, 2 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, 14 min ago | 0.53 bp | 17.2 bp −$17 | 63.7 bp −$637 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.13 bp | 9.5 bp −$10 | 45.4 bp −$454 | 495.1 bp −$49.5K | doesn't fit |
ESP on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ESP-USDT | +0.0075% | 4h | 0.09354 | −0.032% | $121K | $35K | 25x | as long as short |
| Aster ESPUSDT | +0.0100% | 4h | 0.09362 | +0.057% | $4K | $24K | 5x | as long as short |
| Binance ESPUSDTlong | +0.0100% | 4h | 0.09357 | long leg | $2.4M | $4.2M | 25x | |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09357 | 0.000% | $593K | $1.3M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09362 | +0.053% | $169K | $608K | 50x | as long as short |
| MEXC ESP_USDTshort | +0.0100% | 4h | 0.09354 | −0.032% | $1.2M | $105K | 20x | |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09361 | +0.043% | $1.5M | $52K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09365 | +0.083% | $954K | $123K | 20x | as long as short |
| edgeX ESPUSDC | +0.0109% | 4h | 0.09369 | +0.128% | $29K | $268K | 10x | as long as short |
| BingX ESP-USDT | +0.1206% | 4h | 0.09357 | 0.000% | — | $1.6M | — | as long as short |
BloFin ESP-USDT
Aster ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
edgeX ESPUSDC
BingX ESP-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.1920% | 4h | 0.09346 | −0.118% | $1.1M | $583K | 50x | as long as short |
Bybit ESPUSDT