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: Binance against MEXC−0.134%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1261.261% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.377%−$38 · spread now −0.134%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.129% cheaper against MEXC than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ETHW_USDT | 0.2980 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $1.0M | $912K | 100x |
| Short | Binance ETHWUSDT | 0.2976 | 0.0100 | get 0.0050% / 4h | 1h 43m | $1.3M | $5.5M | 50x |
MEXC ETHW_USDT
Binance ETHWUSDTFunding 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
- $0
- Price spread: −0.134% → −0.005%
- −$12.88
- Slippage, 4 orders
- −$112.11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$138.99
- Costs to cover
- 1.261%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 42 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, 42 min ago | 1.68 bp | 31.4 bp −$31 | 96.8 bp −$968 | 126.8 bp −$12.7K | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.68 bp | 25.5 bp −$25 | 176.3 bp −$1,763 | doesn't fit | doesn't fit |
ETHW on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ETHWUSDTshort | +0.0100% | 4h | 0.2976 | −0.134% | $1.3M | $5.5M | 50x | |
| OKX ETHW-USDT-SWAP | +0.0100% | 4h | 0.2974 | −0.201% | $863K | $4.4M | 10x | as long as short |
| Gate ETHW_USDT | +0.0100% | 4h | 0.2979 | −0.034% | $226K | $280K | 20x | as long as short |
| MEXC ETHW_USDTlong | +0.0100% | 4h | 0.2980 | long leg | $1.0M | $912K | 100x | |
| Bitget ETHWUSDT | +0.0100% | 4h | 0.2979 | −0.034% | $161K | $226K | 50x | as long as short |
OKX ETHW-USDT-SWAP
Gate ETHW_USDT
Bitget ETHWUSDT