Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.05 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against MEXC+0.030%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1311.313% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.030%, 7d avg +0.012%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC FHE_USDT | 0.02207 | 0.0854 | pay 0.0427% / 4h | 2h 38m | $838K | $302K | 50x |
| Short | Binance FHEUSDT | 0.02208 | 0.0845 | get 0.0422% / 4h | 2h 38m | $2.9M | $1.5M | 10x |
MEXC FHE_USDT
Binance FHEUSDTFunding 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
- −$1.91
- Price spread: +0.030% → +0.012%
- $1.77
- Slippage, 4 orders
- −$117.28
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$131.42
- Costs to cover
- 1.313%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 6 min ago; Binance: live order book, 12 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, 6 min ago | 6.74 bp | 30.4 bp −$30 | 108.9 bp −$1,089 | 247.5 bp −$24.8K | 530.5 bp −$265.2K |
| Sell Binance live order book, 12 min ago | 4.48 bp | 40.6 bp −$41 | 270.3 bp −$2,703 | doesn't fit | doesn't fit |
FHE 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit FHEUSDT | +0.0100% | 4h | 0.02202 | −0.227% | $1.5M | $502K | 13x | as long as short |
| Gate FHE_USDT | +0.0100% | 8h | 0.02200 | −0.317% | $608K | $73K | 10x | as long as short |
| Aster FHEUSDT | +0.0552% | 4h | 0.02206 | −0.032% | $17K | $2K | 5x | as long as short |
| BingX FHE-USDT | +0.0814% | 4h | 0.02204 | −0.136% | — | $6.5M | — | as long as short |
| Binance FHEUSDTshort | +0.0845% | 4h | 0.02208 | +0.030% | $2.9M | $1.5M | 10x | |
| Extended FHE-USD | +0.0848% | 1h | 0.02207 | +0.009% | $1K | $200K | 5x | as long as short |
| MEXC FHE_USDTlong | +0.0854% | 4h | 0.02207 | long leg | $838K | $302K | 50x | |
| KuCoin FHEUSDTM | +0.0998% | 4h | 0.02201 | −0.272% | $648K | $9.2M | 10x | as long as short |
Bybit FHEUSDT
Gate FHE_USDT
Aster FHEUSDT
BingX FHE-USDT
Extended FHE-USD
KuCoin FHEUSDTM