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: MEXC against Binance−0.042%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$990.986% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 7 days−0.009%−$1 · spread now −0.042%, 7d avg −0.054%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IOUSDT | 0.1518 | 0.0100 | pay 0.0050% / 4h | 1h 41m | $3.0M | $6.6M | 50x |
| Short | MEXC IO_USDT | 0.1517 | 0.0100 | get 0.0050% / 4h | 1h 41m | $1.2M | $225K | 125x |
Binance IOUSDT
MEXC IO_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: −0.042% → −0.054%
- $1.22
- Slippage, 4 orders
- −$84.62
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$97.39
- Costs to cover
- 0.986%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; MEXC: live order book, 4 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, 12 min ago | 3.30 bp | 22.2 bp −$22 | 125.2 bp −$1,252 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 6.61 bp | 25.2 bp −$25 | 183.5 bp −$1,835 | 316.5 bp −$31.7K | doesn't fit |
IO on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective IO/USDC PERP | −0.0430% | 1h | 0.1515 | −0.174% | $2K | $199 | 5.5x | as long as short |
| Hyperliquid IO | +0.0100% | 1h | 0.1517 | −0.042% | $1.0M | $378K | 3x | as long as short |
| Aster IOUSDT | +0.0100% | 4h | 0.1520 | +0.182% | $16K | $48K | 5x | as long as short |
| Binance IOUSDTlong | +0.0100% | 4h | 0.1518 | long leg | $3.0M | $6.6M | 50x | |
| Bybit IOUSDT | +0.0100% | 4h | 0.1516 | −0.134% | $1.1M | $912K | 25x | as long as short |
| Gate IO_USDT | +0.0100% | 4h | 0.1518 | +0.004% | $234K | $559K | 50x | as long as short |
| MEXC IO_USDTshort | +0.0100% | 4h | 0.1517 | −0.042% | $1.2M | $225K | 125x | |
| KuCoin IOUSDTM | +0.0100% | 4h | 0.1519 | +0.090% | $357K | $665K | 50x | as long as short |
| Bitget IOUSDT | +0.0100% | 4h | 0.1518 | +0.024% | $1.3M | $1.2M | 50x | as long as short |
| BingX IO-USDT | +0.0100% | 4h | 0.1518 | +0.024% | — | $1.3M | — | as long as short |
Injective IO/USDC PERP
Hyperliquid IO
Aster IOUSDT
Bybit IOUSDT
Gate IO_USDT
KuCoin IOUSDTM
Bitget IOUSDT
BingX IO-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IO | +0.0100% | 4h | 0.1514 | −0.257% | $33K | $13K | — | as long as short |
| Extended IO-USD | +0.0104% | 1h | 0.1519 | +0.063% | $1K | $132K | 5x | as long as short |
| BloFin IO-USDT | +0.0141% | 4h | 0.1521 | +0.222% | $194K | $40K | 50x | as long as short |
| Kraken Futures PF_IOUSD | +2.3447% | 1h | 0.1515 | −0.189% | $39K | $18K | 10x | as long as short |
Variational Omni IO
Extended IO-USD
BloFin IO-USDT
Kraken Futures PF_IOUSD