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 Binance0.000%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1151.153% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now 0.000%, 7d avg 0.000%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FRAXUSDT | 0.2898 | 0.0100 | pay 0.0050% / 4h | 3m 52s | $1.5M | $978K | 50x |
| Short | MEXC FRAX_USDT | 0.2898 | 0.0100 | get 0.0050% / 4h | 3m 52s | $188K | $118K | 50x |
Binance FRAXUSDT
MEXC FRAX_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: 0.000% → 0.000%
- $0.01
- Slippage, 4 orders
- −$101.26
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$115.25
- Costs to cover
- 1.153%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; MEXC: live order book, 55 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 | 1.72 bp | 31.8 bp −$32 | 321.4 bp −$3,214 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 55 min ago | 1.72 bp | 24.6 bp −$25 | 100.1 bp −$1,001 | 314.9 bp −$31.5K | doesn't fit |
FRAX on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster FRAXUSDT | +0.0100% | 4h | 0.2900 | +0.063% | $16K | $15K | 5x | as long as short |
| Binance FRAXUSDTlong | +0.0100% | 4h | 0.2898 | long leg | $1.5M | $978K | 50x | |
| Gate FRAX_USDT | +0.0100% | 4h | 0.2903 | +0.173% | $43K | $17K | 20x | as long as short |
| MEXC FRAX_USDTshort | +0.0100% | 4h | 0.2898 | 0.000% | $188K | $118K | 50x | |
| KuCoin FRAXUSDTM | +0.0100% | 4h | 0.2903 | +0.173% | $97K | $155K | 50x | as long as short |
| Bitget FRAXUSDT | +0.0100% | 4h | 0.2898 | 0.000% | $144K | $39K | 50x | as long as short |
| BingX FRAX-USDT | +0.0100% | 4h | 0.2898 | 0.000% | — | $1.2M | — | as long as short |
Aster FRAXUSDT
Gate FRAX_USDT
KuCoin FRAXUSDTM
Bitget FRAXUSDT
BingX FRAX-USDT