Funding you earn now, next payment 04:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.05 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.013%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1441.435% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.013%, 7d avg +0.001%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance INXUSDT | 0.006196 | 0.0561 | pay 0.0280% / 4h | 2h 08m | $2.1M | $1.4M | 25x |
| Short | MEXC INX_USDT | 0.006195 | 0.0570 | get 0.0285% / 4h | 2h 08m | $802K | $191K | 50x |
Binance INXUSDT
MEXC INX_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
- $1.91
- Price spread: −0.013% → +0.001%
- −$1.48
- Slippage, 4 orders
- −$129.54
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$143.11
- Costs to cover
- 1.435%
- Break-even
- 532.4 days
Slippage from Binance: live order book, 10 min ago; MEXC: live order book, 52 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, 10 min ago | 3.22 bp | 41.2 bp −$41 | 335.3 bp −$3,353 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 52 min ago | 2.43 bp | 28.0 bp −$28 | 88.3 bp −$883 | 259.3 bp −$25.9K | 795.2 bp −$397.6K |
INX 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International INX-PERP-INTX | −0.1776% | 1h | 0.006083 | −1.821% | $5K | $5K | 50x | as long as short |
| Deribit INX_USDC-PERPETUAL | 0.0000% | 1h | 0.006180 | −0.255% | $56K | $20K | 10x | as long as short |
| Gate INX_USDT | +0.0100% | 4h | 0.006190 | −0.094% | $1.6M | $70K | 25x | as long as short |
| Bitget INXUSDT | +0.0100% | 4h | 0.006190 | −0.094% | $388K | $97K | 25x | as long as short |
| Extended INX-USD | +0.0560% | 1h | 0.006194 | −0.025% | $3K | $112K | 5x | as long as short |
| Binance INXUSDTlong | +0.0561% | 4h | 0.006196 | long leg | $2.1M | $1.4M | 25x | |
| MEXC INX_USDTshort | +0.0570% | 4h | 0.006195 | −0.013% | $802K | $191K | 50x | |
| Bybit INXUSDT | +0.0919% | 4h | 0.006199 | +0.051% | $791K | $361K | 13x | as long as short |
| BingX INX-USDT | +0.1034% | 4h | 0.006199 | +0.051% | — | $6.5M | — | as long as short |
| KuCoin INXUSDTM | +0.1086% | 4h | 0.006194 | −0.030% | $293K | $51K | 20x | as long as short |
Coinbase International INX-PERP-INTX
Deribit INX_USDC-PERPETUAL
Gate INX_USDT
Bitget INXUSDT
Extended INX-USD
Bybit INXUSDT
BingX INX-USDT
KuCoin INXUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster INXUSDT | +0.1139% | 4h | 0.006197 | +0.024% | $19K | $10K | 5x | as long as short |
Aster INXUSDT