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 Binance−0.012%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$910.912% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.044%−$4 · spread now −0.012%, 7d avg −0.011%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HOTUSDT | 0.0004179 | 0.0100 | pay 0.0100% / 8h | 1h 37m | $1.6M | $2.4M | 50x |
| Short | MEXC HOT_USDT | 0.0004179 | 0.0100 | get 0.0100% / 8h | 1h 37m | $449K | $154K | 50x |
Binance HOTUSDT
MEXC HOT_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: −0.012% → −0.011%
- −$0.07
- Slippage, 4 orders
- −$77.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$91.3
- Costs to cover
- 0.912%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; MEXC: live order book, 37 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, 13 min ago | 2.40 bp | 26.3 bp −$26 | 163.3 bp −$1,633 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 37 min ago | 1.20 bp | 15.3 bp −$15 | 85.2 bp −$852 | 264.2 bp −$26.4K | doesn't fit |
HOT on 5 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 HOTUSDTlong | +0.0100% | 8h | 0.0004179 | long leg | $1.6M | $2.4M | 50x | |
| MEXC HOT_USDTshort | +0.0100% | 8h | 0.0004179 | −0.012% | $449K | $154K | 50x | |
| KuCoin HOTUSDTM | +0.0100% | 8h | 0.0004183 | +0.084% | $72K | $38K | 30x | as long as short |
| Bitget HOTUSDT | +0.0100% | 8h | 0.0004180 | +0.012% | $309K | $187K | 25x | as long as short |
| BloFin HOT-USDT | +0.0124% | 8h | 0.0004187 | +0.179% | $145K | $14K | 50x | as long as short |
KuCoin HOTUSDTM
Bitget HOTUSDT
BloFin HOT-USDT