Funding you earn now, next payment 04:00 UTC+0.0585%/8h= +64.0% APRpaid last 24h −0.699%
Price spread now: Phemex against MEXC+0.038%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6,753as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1091.088% of the position
Funding, last 7 days−66.441%−$6,644 on $10k
+Price spread, last 4 days (all we have)−0.744%−$74 · spread now +0.038%, 7d avg −0.036%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Phemex is 0.074% dearer against MEXC than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.036%. Mind the row above: over the last 7 days funding on this pair cost −66.441%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LSK_USDT | 0.3455 | −0.3376 | get 0.0422% / 1h | 25m 07s | $8.2M | $2.5M | 20x |
| Short | Phemex LSKUSDT | 0.3456 | −0.2791 | pay 0.1396% / 4h | 25m 07s | $1.2M | $2.4M | 10x |
MEXC LSK_USDT
Phemex LSKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $122.82
- Price spread: +0.038% → −0.036%
- $7.41
- Slippage, 4 orders
- −$92.85
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $21.38
- Costs to cover
- 1.088%
- Break-even
- 5.8 days
Slippage from MEXC: live order book, 3 min ago; Phemex: live order book, 3 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 | 0.87 bp | 12.1 bp −$12 | 33.7 bp −$337 | 94.7 bp −$9,471 | 481.5 bp −$240.8K |
| Sell Phemex live order book, 3 min ago | 6.51 bp | 40.3 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
LSK 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LSKUSDT | −1.4199% | 1h | 0.3467 | +0.339% | $9.4M | $20.5M | 25x | as long as short |
| Variational Omni LSK | −0.9075% | 1h | 0.3461 | +0.175% | $26K | $185K | — | as long as short |
| Gate LSK_USDT | −0.5680% | 1h | 0.3456 | +0.032% | $1.4M | $2.7M | 20x | as long as short |
| Binance LSKUSDT | −0.3458% | 1h | 0.3454 | −0.033% | $14.7M | $99.3M | 50x | as long as short |
| MEXC LSK_USDTlong | −0.3376% | 1h | 0.3455 | long leg | $8.2M | $2.5M | 20x | |
| Aster LSKUSDT | −0.2930% | 1h | 0.3469 | +0.402% | $60K | $129K | 5x | as long as short |
| Phemex LSKUSDTshort | −0.2791% | 4h | 0.3456 | +0.038% | $1.2M | $2.4M | 10x | |
| HTX LSK-USDT | −0.1764% | 1h | 0.3451 | −0.119% | $55K | $278K | 20x | as long as short |
| Bitget LSKUSDT | −0.1752% | 1h | 0.3452 | −0.084% | $2.6M | $9.7M | 50x | as long as short |
| BingX LSK-USDT | −0.1112% | 1h | 0.3455 | +0.009% | — | $2.8M | — | as long as short |
Bybit LSKUSDT
Variational Omni LSK
Gate LSK_USDT
Binance LSKUSDT
Aster LSKUSDT
HTX LSK-USDT
Bitget LSKUSDT
BingX LSK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_LSKUSD | −0.0583% | 1h | 0.3463 | +0.224% | $104K | $344K | 10x | as long as short |
Kraken Futures PF_LSKUSD