Funding you earn now, next payment 00:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.02 per $10,000 · paid last 24h +0.004%
Price spread now: MEXC against Binance+0.054%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1011.007% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 7 days−0.063%−$6 · spread now +0.054%, 7d avg +0.013%
=The price spread pays, funding is against you. MEXC is 0.040% dearer against Binance than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of +0.013%): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ONEUSDT | 0.004309 | −0.0828 | get 0.0103% / 1h | 6m 33s | $14.7M | $367.3M | 50x |
| Short | MEXC ONE_USDT | 0.004311 | −0.0840 | pay 0.0105% / 1h | 6m 33s | $11.0M | $17.1M | 20x |
Binance ONEUSDT
MEXC ONE_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
- −$2.52
- Price spread: +0.054% → +0.013%
- $4.04
- Slippage, 4 orders
- −$86.71
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$99.18
- Costs to cover
- 1.007%
- Break-even
- never at this rate
Slippage from Binance: live order book, 22 min ago; MEXC: live order book, 2 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, 22 min ago | 0.74 bp | 14.7 bp −$15 | 67.9 bp −$679 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.12 bp | 29.3 bp −$29 | 78.9 bp −$789 | 301.5 bp −$30.1K | doesn't fit |
ONE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ONE | −0.7756% | 1h | 0.004213 | −2.219% | $102K | $53K | — | as long as short |
| Bitget ONEUSDT | −0.3040% | 1h | 0.004289 | −0.445% | $1.9M | $38.0M | 20x | as long as short |
| BloFin ONE-USDT | −0.1802% | 1h | 0.004289 | −0.455% | $759K | $3.2M | 50x | as long as short |
| Gate ONE_USDT | −0.1418% | 8h | 0.004286 | −0.524% | $1.7M | $16.9M | 20x | as long as short |
| Aster ONEUSDT | −0.1331% | 1h | 0.004288 | −0.478% | $2.3M | $8.5M | 5x | as long as short |
| MEXC ONE_USDTshort | −0.0840% | 1h | 0.004311 | +0.054% | $11.0M | $17.1M | 20x | |
| Binance ONEUSDTlong | −0.0828% | 1h | 0.004309 | long leg | $14.7M | $367.3M | 50x | |
| BingX ONE-USDT | −0.0080% | 1h | 0.004336 | +0.645% | — | $6.7M | — | as long as short |
| KuCoin ONEUSDTM | +0.0560% | 1h | 0.004465 | +3.630% | $4.7M | $13.2M | 30x | as long as short |
Variational Omni ONE
Bitget ONEUSDT
BloFin ONE-USDT
Gate ONE_USDT
Aster ONEUSDT
BingX ONE-USDT
KuCoin ONEUSDTM