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: Binance against MEXC−0.008%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$760.760% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.008%, 7d avg +0.005%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LAYER_USDT | 0.07657 | 0.0100 | pay 0.0050% / 4h | 2h 10m | $339K | $121K | 20x |
| Short | Binance LAYERUSDT | 0.07656 | 0.0100 | get 0.0050% / 4h | 2h 10m | $2.1M | $2.6M | 50x |
MEXC LAYER_USDT
Binance LAYERUSDTFunding 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: −0.008% → +0.005%
- −$1.32
- Slippage, 4 orders
- −$65.95
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$77.27
- Costs to cover
- 0.760%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 40 min ago; Binance: live order book, 10 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, 40 min ago | 0.65 bp | 10.5 bp −$11 | 48.2 bp −$482 | 178.2 bp −$17.8K | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.65 bp | 28.1 bp −$28 | 100.8 bp −$1,008 | doesn't fit | doesn't fit |
LAYER on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_LAYERUSD | −0.0747% | 1h | 0.07660 | +0.033% | $8K | $54 | 10x | as long as short |
| Injective LAYER/USDC PERP | +0.0033% | 1h | 0.07274 | −5.002% | — | $18K | 5.5x | as long as short |
| Hyperliquid LAYER | +0.0100% | 1h | 0.07671 | +0.180% | $596K | $168K | 3x | as long as short |
| Aster LAYERUSDT | +0.0100% | 4h | 0.07662 | +0.061% | $9K | $4K | 5x | as long as short |
| Binance LAYERUSDTshort | +0.0100% | 4h | 0.07656 | −0.008% | $2.1M | $2.6M | 50x | |
| OKX LAYER-USDT-SWAP | +0.0100% | 4h | 0.07646 | −0.144% | $721K | $728K | 20x | as long as short |
| Gate LAYER_USDT | +0.0100% | 4h | 0.07668 | +0.144% | $136K | $48K | 20x | as long as short |
| MEXC LAYER_USDTlong | +0.0100% | 4h | 0.07657 | long leg | $339K | $121K | 20x | |
| Bitget LAYERUSDT | +0.0100% | 4h | 0.07662 | +0.065% | $1.1M | $169K | 50x | as long as short |
| BingX LAYER-USDT | +0.0100% | 4h | 0.07662 | +0.065% | — | $1.6M | — | as long as short |
Kraken Futures PF_LAYERUSD
Injective LAYER/USDC PERP
Hyperliquid LAYER
Aster LAYERUSDT
OKX LAYER-USDT-SWAP
Gate LAYER_USDT
Bitget LAYERUSDT
BingX LAYER-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni LAYERUSDT | +0.0100% | 1h | 0.07670 | +0.170% | $26K | $186K | 50x | as long as short |
| Extended LAYER-USD | +0.0104% | 1h | 0.07655 | −0.028% | $2K | $165K | 5x | as long as short |
ApeX Omni LAYERUSDT
Extended LAYER-USD