Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.038%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1451.449% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.918%+$92 · spread now −0.038%, 7d avg −0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.026% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ONUSDT | 0.1369 | 0.0100 | pay 0.0050% / 4h | 3h 27m | $5.9M | $3.9M | 50x |
| Short | MEXC ON_USDT | 0.1368 | 0.0100 | get 0.0050% / 4h | 3h 27m | $1.0M | $540K | 50x |
Binance ONUSDT
MEXC ON_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
- Price spread: −0.038% → −0.012%
- −$2.56
- Slippage, 4 orders
- −$126.93
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$147.5
- Costs to cover
- 1.449%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; MEXC: live order book, 4 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, 15 min ago | 3.67 bp | 45.8 bp −$46 | 259.5 bp −$2,595 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 3.66 bp | 29.4 bp −$29 | 134.7 bp −$1,347 | 356.8 bp −$35.7K | 899.3 bp −$449.6K |
ON on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ONUSDTlong | +0.0100% | 4h | 0.1369 | long leg | $5.9M | $3.9M | 50x | |
| Gate ON_USDT | +0.0100% | 4h | 0.1367 | −0.089% | $305K | $33K | 5x | as long as short |
| MEXC ON_USDTshort | +0.0100% | 4h | 0.1368 | −0.038% | $1.0M | $540K | 50x | |
| KuCoin ONUSDTM | +0.0100% | 4h | 0.1368 | −0.001% | $752K | $79K | 50x | as long as short |
| BingX ON-USDT | +0.0100% | 4h | 0.1368 | −0.038% | — | $6.6M | — | as long as short |
| Variational Omni ON | +0.0100% | 4h | 0.1365 | −0.222% | $25K | $7K | — | as long as short |
| edgeX ONUSDC | +0.0104% | 4h | 0.1370 | +0.144% | $8K | $134K | 10x | as long as short |
| Aster ONUSDT | +0.0172% | 4h | 0.1366 | −0.194% | $445K | $31K | 5x | as long as short |
Gate ON_USDT
KuCoin ONUSDTM
BingX ON-USDT
Variational Omni ON
edgeX ONUSDC
Aster ONUSDT