Funding you earn now, next payment 00:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against MEXC+0.048%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1431.428% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.189%−$19 · spread now +0.048%, 7d avg −0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.069% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC M_USDT | 1.4621 | 0.1286 | pay 0.0643% / 4h | 28m 24s | $249K | $112K | 50x |
| Short | Binance MUSDT | 1.4628 | 0.1294 | get 0.0647% / 4h | 28m 24s | $5.5M | $4.8M | 10x |
MEXC M_USDT
Binance MUSDTFunding 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
- $1.69
- Price spread: +0.048% → −0.022%
- $6.94
- Slippage, 4 orders
- −$128.81
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$134.18
- Costs to cover
- 1.428%
- Break-even
- 561.9 days
Slippage from MEXC: live order book, 31 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, 31 min ago | 1.73 bp | 32.6 bp −$33 | 48.5 bp −$485 | 106.9 bp −$10.7K | doesn't fit |
| Sell Binance live order book, 10 min ago | 2.03 bp | 39.6 bp −$40 | 288.8 bp −$2,888 | doesn't fit | 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 | 1.4632 | +0.075% | $4.6M | $2.3M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4602 | −0.130% | $2.0M | $937K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4643 | +0.150% | $1.9M | $363K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4629 | +0.053% | $91K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4634 | +0.089% | $2K | $596 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4656 | +0.239% | $2K | $617K | 20x | as long as short |
| Aster MUSDT | +0.0885% | 4h | 1.4628 | +0.045% | $15K | $116K | 5x | as long as short |
| BingX M-USDT | +0.1230% | 4h | 1.4622 | +0.007% | — | $2.4M | — | as long as short |
| MEXC M_USDTlong | +0.1286% | 4h | 1.4621 | long leg | $249K | $112K | 50x | |
| Binance MUSDTshort | +0.1294% | 4h | 1.4628 | +0.048% | $5.5M | $4.8M | 10x |
Bybit MUSDT
Gate M_USDT
Bitget MUSDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
BingX M-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.1332% | 4h | 1.4627 | +0.041% | $352K | $430K | 10x | as long as short |
| KuCoin MUSDTM | +0.1486% | 4h | 1.4483 | −0.945% | $1.4M | $4.3M | 10x | as long as short |
BloFin M-USDT
KuCoin MUSDTM