Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.024%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1151.147% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.024%, 7d avg +0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.035% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HOT_USDT | 0.0004238 | 0.0100 | pay 0.0100% / 8h | 3h 11m | $436K | $152K | 50x |
| Short | Binance HOTUSDT | 0.0004237 | 0.0100 | get 0.0100% / 8h | 3h 11m | $1.6M | $2.5M | 50x |
MEXC HOT_USDT
Binance HOTUSDTFunding 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: −0.024% → +0.012%
- −$3.54
- Slippage, 4 orders
- −$100.72
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$118.27
- Costs to cover
- 1.147%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 30 min ago; Binance: live order book, 9 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, 30 min ago | 5.88 bp | 21.2 bp −$21 | 113.6 bp −$1,136 | 269.3 bp −$26.9K | doesn't fit |
| Sell Binance live order book, 9 min ago | 3.53 bp | 29.9 bp −$30 | 135.6 bp −$1,356 | doesn't fit | 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 HOTUSDTshort | +0.0100% | 8h | 0.0004237 | −0.024% | $1.6M | $2.5M | 50x | |
| MEXC HOT_USDTlong | +0.0100% | 8h | 0.0004238 | long leg | $436K | $152K | 50x | |
| KuCoin HOTUSDTM | +0.0100% | 8h | 0.0004242 | +0.094% | $81K | $38K | 30x | as long as short |
| Bitget HOTUSDT | +0.0100% | 8h | 0.0004239 | +0.024% | $320K | $217K | 25x | as long as short |
| BloFin HOT-USDT | +0.0129% | 8h | 0.0004240 | +0.047% | $148K | $49K | 50x | as long as short |
KuCoin HOTUSDTM
Bitget HOTUSDT
BloFin HOT-USDT