Funding you earn now, next payment 00:00 UTC+0.0007%/8h= +0.7% APRnext payment +$0.03 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.051%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1061.061% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.098%−$10 · spread now +0.051%, 7d avg +0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.040% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GWEI_USDT | 0.02306 | 0.0438 | pay 0.0219% / 4h | 53m 03s | $104K | $85K | 20x |
| Short | Binance GWEIUSDT | 0.02307 | 0.0445 | get 0.0222% / 4h | 53m 03s | $2.4M | $2.6M | 50x |
MEXC GWEI_USDT
Binance GWEIUSDTFunding 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
- $1.42
- Price spread: +0.051% → +0.011%
- $4
- Slippage, 4 orders
- −$92.13
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$100.72
- Costs to cover
- 1.061%
- Break-even
- 505.1 days
Slippage from MEXC: live order book, 5 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, 5 min ago | 2.18 bp | 21.1 bp −$21 | 117.3 bp −$1,173 | 473.4 bp −$47.3K | doesn't fit |
| Sell Binance live order book, 12 min ago | 2.19 bp | 29.7 bp −$30 | 143.0 bp −$1,430 | doesn't fit | doesn't fit |
GWEI on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GWEIUSDTM | +0.0100% | 4h | 0.02298 | −0.325% | $453K | $17K | 20x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02301 | −0.209% | $4K | $55 | — | as long as short |
| Bybit GWEIUSDT | +0.0385% | 4h | 0.02309 | +0.130% | $373K | $116K | 25x | as long as short |
| BloFin GWEI-USDT | +0.0436% | 4h | 0.02308 | +0.087% | $171K | $29K | 50x | as long as short |
| MEXC GWEI_USDTlong | +0.0438% | 4h | 0.02306 | long leg | $104K | $85K | 20x | |
| Binance GWEIUSDTshort | +0.0445% | 4h | 0.02307 | +0.051% | $2.4M | $2.6M | 50x | |
| Extended GWEI-USD | +0.0448% | 1h | 0.02306 | −0.020% | $4K | $142K | 5x | as long as short |
| Gate GWEI_USDT | +0.0552% | 4h | 0.02302 | −0.178% | $379K | $391K | 10x | as long as short |
| BingX GWEI-USDT | +0.0760% | 4h | 0.02306 | 0.000% | — | $1.6M | — | as long as short |
| Bitget GWEIUSDT | +0.0828% | 4h | 0.02303 | −0.130% | $1.9M | $214K | 20x | as long as short |
KuCoin GWEIUSDTM
Variational Omni GWEI
Bybit GWEIUSDT
BloFin GWEI-USDT
Extended GWEI-USD
Gate GWEI_USDT
BingX GWEI-USDT
Bitget GWEIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1473% | 4h | 0.02298 | −0.358% | $16K | $15K | 10x | as long as short |
Aster GWEIUSDT