Funding you earn now, next payment 04:00 UTC−0.0014%/8h= −1.6% APRnext payment −$0.07 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against MEXC+0.033%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$490.491% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 7 days−0.022%−$2 · spread now +0.033%, 7d avg +0.008%
=The price spread pays, funding is against you. Binance is 0.025% dearer against MEXC than usual: you sell high and buy low (spread +0.033% now, against its 7-day average of +0.008%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 5.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC IOST_USDT | 0.0009043 | −0.1688 | get 0.0844% / 4h | 2h 48m | $2.0M | $426K | 50x |
| Short | Binance IOSTUSDT | 0.0009046 | −0.1702 | pay 0.0851% / 4h | 2h 48m | $5.8M | $16.0M | 50x |
MEXC IOST_USDT
Binance IOSTUSDTFunding 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
- −$3.04
- Price spread: +0.033% → +0.008%
- $2.54
- Slippage, 4 orders
- −$35.13
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$49.63
- Costs to cover
- 0.491%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Binance: live order book, 7 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, 3 min ago | 0.55 bp | 5.7 bp −$6 | 14.0 bp −$140 | 117.0 bp −$11.7K | 424.9 bp −$212.4K |
| Sell Binance live order book, 7 min ago | 1.67 bp | 20.6 bp −$21 | 64.7 bp −$647 | doesn't fit | doesn't fit |
IOST on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit IOSTUSDT | −0.3749% | 8h | 0.0009046 | +0.033% | $1.9M | $2.1M | 25x | as long as short |
| OKX IOST-USDT-SWAP | −0.1791% | 4h | 0.0009044 | +0.011% | $1.6M | $4.0M | 10x | as long as short |
| Binance IOSTUSDTshort | −0.1702% | 4h | 0.0009046 | +0.033% | $5.8M | $16.0M | 50x | |
| MEXC IOST_USDTlong | −0.1688% | 4h | 0.0009043 | long leg | $2.0M | $426K | 50x | |
| BloFin IOST-USDT | −0.1679% | 4h | 0.0009038 | −0.055% | $298K | $2.0M | 50x | as long as short |
| Bitget IOSTUSDT | −0.1512% | 4h | 0.0009087 | +0.487% | $643K | $2.1M | 25x | as long as short |
| Variational Omni IOST | −0.1003% | 8h | 0.0009028 | −0.165% | $10K | $6K | — | as long as short |
| Gate IOST_USDT | −0.0908% | 4h | 0.0009040 | −0.033% | $742K | $466K | 25x | as long as short |
| BingX IOST-USDT | −0.0574% | 4h | 0.0009050 | +0.077% | — | $2.5M | — | as long as short |
Bybit IOSTUSDT
OKX IOST-USDT-SWAP
BloFin IOST-USDT
Bitget IOSTUSDT
Variational Omni IOST
Gate IOST_USDT
BingX IOST-USDT