Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Binance+0.082%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1201.201% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.251%+$25 · spread now +0.082%, 7d avg +0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.060% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUSDT | 1.4709 | 0.0825 | pay 0.0413% / 4h | 1h 52m | $5.5M | $4.5M | 10x |
| Short | MEXC M_USDT | 1.4721 | 0.0824 | get 0.0412% / 4h | 1h 52m | $247K | $109K | 50x |
Binance MUSDT
MEXC M_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
- −$0.25
- Price spread: +0.082% → +0.021%
- $6.04
- Slippage, 4 orders
- −$106.12
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$114.33
- Costs to cover
- 1.201%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; MEXC: live order book, 20 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, 1 min ago | 1.36 bp | 42.3 bp −$42 | 399.1 bp −$3,991 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 20 min ago | 0.68 bp | 24.0 bp −$24 | 47.4 bp −$474 | 130.2 bp −$13.0K | doesn't fit |
M 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4708 | −0.007% | $4.7M | $2.3M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4703 | −0.041% | $2.0M | $884K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4732 | +0.156% | $1.9M | $347K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4740 | +0.212% | $90K | $42K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4722 | +0.088% | $2K | $596 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4740 | +0.211% | $2K | $553K | 20x | as long as short |
| Aster MUSDT | +0.0509% | 4h | 1.4736 | +0.186% | $16K | $116K | 5x | as long as short |
| BingX M-USDT | +0.0740% | 4h | 1.4706 | −0.020% | — | $2.4M | — | as long as short |
| KuCoin MUSDTM | +0.0794% | 4h | 1.4622 | −0.590% | $1.4M | $4.4M | 10x | as long as short |
| BloFin M-USDT | +0.0819% | 4h | 1.4740 | +0.211% | $349K | $408K | 10x | as long as short |
Bybit MUSDT
Gate M_USDT
Bitget MUSDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
BingX M-USDT
KuCoin MUSDTM
BloFin M-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC M_USDTshort | +0.0824% | 4h | 1.4721 | +0.082% | $247K | $109K | 50x | |
| Binance MUSDTlong | +0.0825% | 4h | 1.4709 | long leg | $5.5M | $4.5M | 10x |