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−0.037%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1101.099% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.037%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.038% 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 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC IOTX_USDT | 0.003753 | 0.0100 | pay 0.0100% / 8h | 5h 41m | $812K | $438K | 50x |
| Short | Binance IOTXUSDT | 0.003752 | 0.0100 | get 0.0100% / 8h | 5h 41m | $2.1M | $5.2M | 50x |
MEXC IOTX_USDT
Binance IOTXUSDTFunding 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: −0.037% → 0.000%
- −$3.77
- Slippage, 4 orders
- −$95.94
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$113.71
- Costs to cover
- 1.099%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 14 min ago; Binance: live order book, 11 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, 14 min ago | 2.68 bp | 17.7 bp −$18 | 78.3 bp −$783 | 280.9 bp −$28.1K | doesn't fit |
| Sell Binance live order book, 11 min ago | 4.04 bp | 35.9 bp −$36 | 143.7 bp −$1,437 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance IOTXUSDTshort | +0.0100% | 8h | 0.003752 | −0.037% | $2.1M | $5.2M | 50x | |
| Bybit IOTXUSDT | +0.0100% | 8h | 0.003758 | +0.133% | $411K | $545K | 25x | as long as short |
| Gate IOTX_USDT | +0.0100% | 8h | 0.003750 | −0.080% | $143K | $143K | 50x | as long as short |
| MEXC IOTX_USDTlong | +0.0100% | 8h | 0.003753 | long leg | $812K | $438K | 50x | |
| KuCoin IOTXUSDTM | +0.0100% | 8h | 0.003757 | +0.107% | $739K | $79K | 30x | as long as short |
| Bitget IOTXUSDT | +0.0100% | 8h | 0.003746 | −0.187% | $355K | $340K | 50x | as long as short |
| BingX IOTX-USDT | +0.0100% | 8h | 0.003754 | +0.027% | — | $1.6M | — | as long as short |
| Variational Omni IOTX | +0.0100% | 8h | 0.003718 | −0.923% | $3K | $2K | — | as long as short |
| BloFin IOTX-USDT | +0.0129% | 8h | 0.003752 | −0.027% | $200K | $17K | 50x | as long as short |
| Aster IOTXUSDT | +0.0420% | 1h | 0.003746 | −0.192% | $11K | $15K | 5x | as long as short |
Bybit IOTXUSDT
Gate IOTX_USDT
KuCoin IOTXUSDTM
Bitget IOTXUSDT
BingX IOTX-USDT
Variational Omni IOTX
BloFin IOTX-USDT
Aster IOTXUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTXUSD | +1.1824% | 1h | 0.003747 | −0.156% | $25K | $8K | 10x | as long as short |
Kraken Futures PF_IOTXUSD