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−0.051%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1241.235% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.051%, 7d avg −0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.050% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IOTXUSDT | 0.003663 | 0.0100 | pay 0.0100% / 8h | 55m 06s | $2.1M | $5.0M | 50x |
| Short | MEXC IOTX_USDT | 0.003661 | 0.0100 | get 0.0100% / 8h | 55m 06s | $821K | $430K | 50x |
Binance IOTXUSDT
MEXC IOTX_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: −0.051% → −0.001%
- −$5.03
- Slippage, 4 orders
- −$109.52
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$128.55
- Costs to cover
- 1.235%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; MEXC: live order book, 15 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 | 5.48 bp | 41.4 bp −$41 | 187.9 bp −$1,879 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 15 min ago | 2.74 bp | 19.3 bp −$19 | 109.0 bp −$1,090 | 286.1 bp −$28.6K | doesn't fit |
IOTX 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IOTXUSDT | +0.0100% | 1h | 0.003661 | −0.038% | $10K | $14K | 5x | as long as short |
| Binance IOTXUSDTlong | +0.0100% | 8h | 0.003663 | long leg | $2.1M | $5.0M | 50x | |
| Bybit IOTXUSDT | +0.0100% | 8h | 0.003661 | −0.051% | $376K | $465K | 25x | as long as short |
| Gate IOTX_USDT | +0.0100% | 8h | 0.003662 | −0.024% | $138K | $154K | 50x | as long as short |
| MEXC IOTX_USDTshort | +0.0100% | 8h | 0.003661 | −0.051% | $821K | $430K | 50x | |
| KuCoin IOTXUSDTM | +0.0100% | 8h | 0.003665 | +0.058% | $721K | $81K | 30x | as long as short |
| Bitget IOTXUSDT | +0.0100% | 8h | 0.003666 | +0.085% | $316K | $307K | 50x | as long as short |
| BingX IOTX-USDT | +0.0100% | 8h | 0.003663 | +0.004% | — | $1.6M | — | as long as short |
| Variational Omni IOTX | +0.0100% | 8h | 0.003659 | −0.119% | $3K | $2K | — | as long as short |
| BloFin IOTX-USDT | +0.0130% | 8h | 0.003665 | +0.058% | $192K | $16K | 50x | as long as short |
Aster IOTXUSDT
Bybit IOTXUSDT
Gate IOTX_USDT
KuCoin IOTXUSDTM
Bitget IOTXUSDT
BingX IOTX-USDT
Variational Omni IOTX
BloFin IOTX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTXUSD | +0.0994% | 1h | 0.003661 | −0.056% | $24K | $7K | 10x | as long as short |
Kraken Futures PF_IOTXUSD