Funding you earn now, next payment 12:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.02 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Binance−0.036%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$297as in the Funding arb table
Net, price: spread back to 7d avg − costs−$298as in the Price arb table
costs, in and out, $10k−$2962.962% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now −0.036%, 7d avg −0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.022% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NAORISUSDT | 0.03796 | 0.0279 | pay 0.0139% / 4h | 3h 10m | $5.1M | $1.3M | 10x |
| Short | MEXC NAORIS_USDT | 0.03795 | 0.0274 | get 0.0137% / 4h | 3h 10m | $4.5M | $224K | 100x |
Binance NAORISUSDT
MEXC NAORIS_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
- −$1.02
- Price spread: −0.036% → −0.014%
- −$2.22
- Slippage, 4 orders
- −$278.18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$299.43
- Costs to cover
- 2.962%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; MEXC: live order book, 1 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, 11 min ago | 3.95 bp | 71.9 bp −$72 | 543.8 bp −$5,438 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 42.08 bp | 85.3 bp −$85 | 116.2 bp −$1,162 | 131.6 bp −$13.2K | doesn't fit |
NAORIS 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 NAORISUSDT | +0.0100% | 4h | 0.03790 | −0.157% | $1.1M | $390K | 20x | as long as short |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03780 | −0.431% | $294K | $14K | 20x | as long as short |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03799 | +0.069% | $3.4M | $242K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03790 | −0.169% | $78K | $25K | — | as long as short |
| KuCoin NAORISUSDTM | +0.0160% | 4h | 0.03787 | −0.247% | $445K | $26K | 10x | as long as short |
| Aster NAORISUSDT | +0.0181% | 4h | 0.03782 | −0.386% | $5K | $6K | 5x | as long as short |
| MEXC NAORIS_USDTshort | +0.0274% | 4h | 0.03795 | −0.036% | $4.5M | $224K | 100x | |
| BingX NAORIS-USDT | +0.0276% | 4h | 0.03794 | −0.062% | — | $1.3M | — | as long as short |
| Binance NAORISUSDTlong | +0.0279% | 4h | 0.03796 | long leg | $5.1M | $1.3M | 10x | |
| Extended NAORIS-USD | +0.0280% | 1h | 0.03796 | −0.021% | $3K | $182K | 5x | as long as short |
Bybit NAORISUSDT
Gate NAORIS_USDT
Bitget NAORISUSDT
Variational Omni NAORIS
KuCoin NAORISUSDTM
Aster NAORISUSDT
BingX NAORIS-USDT
Extended NAORIS-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NAORIS-USDT | +0.0303% | 4h | 0.03788 | −0.220% | $293K | $11K | 10x | as long as short |
BloFin NAORIS-USDT