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 MEXC−0.038%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$620.618% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.038%, 7d avg −0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.032% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GMT_USDT | 0.008569 | 0.0100 | pay 0.0050% / 4h | 1m 12s | $434K | $212K | 20x |
| Short | Binance GMTUSDT | 0.008566 | 0.0100 | get 0.0050% / 4h | 1m 12s | $2.9M | $5.2M | 50x |
MEXC GMT_USDT
Binance GMTUSDTFunding 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: −0.038% → −0.006%
- −$3.25
- Slippage, 4 orders
- −$47.8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$65.05
- Costs to cover
- 0.618%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 40 min ago; Binance: live order book, 7 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, 40 min ago | 1.75 bp | 10.1 bp −$10 | 60.2 bp −$602 | 265.8 bp −$26.6K | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.75 bp | 19.4 bp −$19 | 72.5 bp −$725 | doesn't fit | doesn't fit |
GMT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1476% | 1h | 0.008556 | −0.147% | $44K | $14K | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0572% | 4h | 0.008570 | +0.012% | $277K | $187K | 50x | as long as short |
| Bybit GMTUSDT | −0.0500% | 8h | 0.008561 | −0.093% | $1.1M | $2.0M | 50x | as long as short |
| OKX GMT-USDT-SWAP | −0.0498% | 4h | 0.008565 | −0.047% | $397K | $1.2M | 20x | as long as short |
| Variational Omni GMT | −0.0213% | 8h | 0.008565 | −0.053% | $4K | $5K | — | as long as short |
| Aster GMTUSDT | −0.0117% | 4h | 0.008580 | +0.128% | $7K | $22K | 10x | as long as short |
| Bitget GMTUSDT | −0.0030% | 4h | 0.008575 | +0.070% | $676K | $641K | 50x | as long as short |
| BingX GMT-USDT | +0.0050% | 4h | 0.008567 | −0.023% | — | $1.3M | — | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008568 | −0.012% | $114K | $150K | 3x | as long as short |
| Binance GMTUSDTshort | +0.0100% | 4h | 0.008566 | −0.038% | $2.9M | $5.2M | 50x |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Variational Omni GMT
Aster GMTUSDT
Bitget GMTUSDT
BingX GMT-USDT
Hyperliquid GMTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate GMT_USDT | +0.0100% | 8h | 0.008580 | +0.128% | $151K | $181K | 50x | as long as short |
| MEXC GMT_USDTlong | +0.0100% | 4h | 0.008569 | long leg | $434K | $212K | 20x |
Gate GMT_USDT