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: Binance against MEXC0.000%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1281.285% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now 0.000%, 7d avg 0.000%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC FRAX_USDT | 0.2906 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $196K | $109K | 50x |
| Short | Binance FRAXUSDT | 0.2906 | 0.0100 | get 0.0050% / 4h | 2h 28m | $1.5M | $957K | 50x |
MEXC FRAX_USDT
Binance FRAXUSDTFunding 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: 0.000% → 0.000%
- −$0.01
- Slippage, 4 orders
- −$114.45
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$128.47
- Costs to cover
- 1.285%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 12 min ago; Binance: live order book, 5 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, 12 min ago | 1.73 bp | 24.4 bp −$24 | 109.6 bp −$1,096 | 356.8 bp −$35.7K | doesn't fit |
| Sell Binance live order book, 5 min ago | 3.44 bp | 46.3 bp −$46 | 266.6 bp −$2,666 | doesn't fit | 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 | 0.2908 | +0.076% | $16K | $15K | 5x | as long as short |
| Binance FRAXUSDTshort | +0.0100% | 4h | 0.2906 | 0.000% | $1.5M | $957K | 50x | |
| Gate FRAX_USDT | +0.0100% | 4h | 0.2909 | +0.103% | $43K | $16K | 20x | as long as short |
| MEXC FRAX_USDTlong | +0.0100% | 4h | 0.2906 | long leg | $196K | $109K | 50x | |
| KuCoin FRAXUSDTM | +0.0100% | 4h | 0.2908 | +0.069% | $97K | $155K | 50x | as long as short |
| Bitget FRAXUSDT | +0.0100% | 4h | 0.2909 | +0.103% | $145K | $39K | 50x | as long as short |
| BingX FRAX-USDT | +0.0100% | 4h | 0.2912 | +0.206% | — | $1.2M | — | as long as short |
Aster FRAXUSDT
Gate FRAX_USDT
KuCoin FRAXUSDTM
Bitget FRAXUSDT
BingX FRAX-USDT