Funding you earn now, next payment 00:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.05 per $10,000 · paid last 24h +0.004%
Price spread now: Binance against MEXC+0.132%7-day average −0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$430.431% of the position
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 7 days−0.154%−$15 · spread now +0.132%, 7d avg −0.099%
=The price spread pays, funding is against you. Binance is 0.231% dearer against MEXC than usual: you sell high and buy low (spread +0.132% now, against its 7-day average of −0.099%): +$23 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 20 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC G_USDT | 0.006386 | −1.1296 | get 0.1412% / 1h | 55m 04s | $4.1M | $1.5M | 20x |
| Short | Binance GUSDT | 0.006394 | −1.1335 | pay 0.1417% / 1h | 55m 04s | $9.0M | $86.6M | 50x |
Funding 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
- −$8.2
- Price spread: +0.132% → −0.099%
- $23.12
- Slippage, 4 orders
- −$29.07
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$28.15
- Costs to cover
- 0.431%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 7 min ago; Binance: live order book, 3 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, 7 min ago | 0.79 bp | 8.4 bp −$8 | 46.8 bp −$468 | 164.7 bp −$16.5K | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.78 bp | 13.5 bp −$13 | 56.5 bp −$565 | doesn't fit | doesn't fit |
G 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GUSDTshort | −1.1335% | 1h | 0.006394 | +0.132% | $9.0M | $86.6M | 50x | |
| MEXC G_USDTlong | −1.1296% | 1h | 0.006386 | long leg | $4.1M | $1.5M | 20x | |
| Aster GUSDT | −1.1029% | 1h | 0.006393 | +0.111% | $629K | $2.2M | 5x | as long as short |
| Gate G_USDT | −0.9296% | 1h | 0.006390 | +0.063% | $887K | $6.2M | 25x | as long as short |
| KuCoin GUSDTM | −0.6616% | 1h | 0.006358 | −0.438% | $1.6M | $1.5M | 30x | as long as short |
| Bitget GUSDT | −0.6176% | 1h | 0.006392 | +0.094% | $1.4M | $11.0M | 50x | as long as short |
| BingX G-USDT | −0.2536% | 1h | 0.006403 | +0.266% | — | $3.2M | — | as long as short |
MEXC G_USDT
Binance GUSDT
Aster GUSDT
Gate G_USDT
KuCoin GUSDTM
Bitget GUSDT
BingX G-USDT