Funding you earn now, next payment 04:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.06 per $10,000 · paid last 24h +0.031%
Price spread now: MEXC against Binance−0.018%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$910.907% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 7 days−0.159%−$16 · spread now −0.018%, 7d avg −0.010%
=The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OUSDT | 0.5526 | 0.0413 | pay 0.0206% / 4h | 3h 15m | $4.7M | $1.7M | 10x |
| Short | MEXC O_USDT | 0.5525 | 0.0400 | get 0.0200% / 4h | 3h 15m | $924K | $172K | 50x |
Binance OUSDT
MEXC O_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
- −$2.65
- Price spread: −0.018% → −0.010%
- −$0.77
- Slippage, 4 orders
- −$72.69
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$94.1
- Costs to cover
- 0.907%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; MEXC: live order book, 50 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, 7 min ago | 6.38 bp | 29.3 bp −$29 | 402.7 bp −$4,027 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 50 min ago | 3.67 bp | 13.5 bp −$14 | 62.7 bp −$627 | 300.3 bp −$30.0K | doesn't fit |
O 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin OUSDTM | +0.0100% | 4h | 0.5520 | −0.109% | $1.2M | $763K | 20x | as long as short |
| Bitget OUSDT | +0.0100% | 4h | 0.5516 | −0.181% | $1.6M | $244K | 10x | as long as short |
| Variational Omni O | +0.0100% | 4h | 0.5519 | −0.133% | $3K | $535 | — | as long as short |
| Aster OUSDT | +0.0167% | 4h | 0.5502 | −0.442% | $25K | $44K | 3x | as long as short |
| Gate O_USDT | +0.0268% | 4h | 0.5518 | −0.145% | $1.5M | $453K | 20x | as long as short |
| MEXC O_USDTshort | +0.0400% | 4h | 0.5525 | −0.018% | $924K | $172K | 50x | |
| OKX O-USDT-SWAP | +0.0402% | 4h | 0.5527 | +0.018% | $1.4M | $971K | 10x | as long as short |
| Binance OUSDTlong | +0.0413% | 4h | 0.5526 | long leg | $4.7M | $1.7M | 10x | |
| BloFin O-USDT | +0.0599% | 4h | 0.5504 | −0.398% | $234K | $5K | 20x | as long as short |
| BingX O-USDT | +0.0600% | 4h | 0.5524 | −0.036% | — | $1.6M | — | as long as short |
KuCoin OUSDTM
Bitget OUSDT
Variational Omni O
Aster OUSDT
Gate O_USDT
OKX O-USDT-SWAP
BloFin O-USDT
BingX O-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit OUSDT | +0.0910% | 4h | 0.5525 | −0.018% | $662K | $863K | 20x | as long as short |
Bybit OUSDT