Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against MEXC+0.027%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$440.438% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)+0.035%+$4 · spread now +0.027%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.025% dearer against MEXC than usual: you sell high and buy low, +$3 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 | MEXC LA_USDT | 0.07495 | −0.0136 | get 0.0068% / 4h | 27m 19s | $401K | $139K | 50x |
| Short | Binance LAUSDT | 0.07497 | −0.0137 | pay 0.0069% / 4h | 27m 19s | $4.7M | $8.6M | 25x |
Funding 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
- −$0.28
- Price spread: +0.027% → +0.001%
- $2.53
- Slippage, 4 orders
- −$29.83
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$41.57
- Costs to cover
- 0.438%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 33 min ago; Binance: live order book, 12 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, 33 min ago | 0.67 bp | 8.7 bp −$9 | 40.9 bp −$409 | 365.4 bp −$36.5K | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.34 bp | 12.2 bp −$12 | 38.4 bp −$384 | doesn't fit | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LAUSDT | −0.0290% | 4h | 0.07488 | −0.093% | $2.1M | $511K | 25x | as long as short |
| BingX LA-USDT | −0.0274% | 4h | 0.07499 | +0.053% | — | $6.6M | — | as long as short |
| Aster LAUSDT | −0.0194% | 4h | 0.07493 | −0.026% | $52K | $8K | 5x | as long as short |
| Gate LA_USDT | −0.0180% | 4h | 0.07495 | 0.000% | $248K | $801K | 50x | as long as short |
| BloFin LA-USDT | −0.0168% | 4h | 0.07504 | +0.120% | $250K | $19K | 25x | as long as short |
| Binance LAUSDTshort | −0.0137% | 4h | 0.07497 | +0.027% | $4.7M | $8.6M | 25x | |
| MEXC LA_USDTlong | −0.0136% | 4h | 0.07495 | long leg | $401K | $139K | 50x | |
| KuCoin LAUSDTM | +0.0014% | 4h | 0.07492 | −0.040% | $1.0M | $61K | 30x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07504 | +0.120% | $2.4M | $2.3M | 25x | as long as short |
| OKX LA-USDT-SWAP | +0.0100% | 4h | 0.07498 | +0.040% | $1.3M | $2.9M | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07494 | −0.018% | $152K | $459K | 10x | as long as short |
MEXC LA_USDT
Binance LAUSDT
Bitget LAUSDT
BingX LA-USDT
Aster LAUSDT
Gate LA_USDT
BloFin LA-USDT
KuCoin LAUSDTM
Bybit LAUSDT
OKX LA-USDT-SWAP
GRVT LA_USDT_Perp