Funding you earn now, next payment 00:00 UTC+0.0030%/8h= +3.2% APRnext payment +$0.04 per $10,000 · paid last 24h −0.004%
Price spread now: Binance against MEXC−0.668%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as 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+0.677%+$68 · spread now −0.668%, 7d avg −0.013%
=Funding pays, the price is against you. Binance is 0.655% cheaper against MEXC than usual: you would sell low and buy high (spread −0.668% now, against its 7-day average of −0.013%). If the spread goes back, that is −$65 on $10k: about 2 months of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ONE_USDT | 0.004325 | −0.0872 | get 0.0109% / 1h | 8m 07s | $11.0M | $17.0M | 20x |
| Short | Binance ONEUSDT | 0.004296 | −0.0842 | pay 0.0105% / 1h | 8m 07s | $14.7M | $367.2M | 50x |
MEXC ONE_USDT
Binance ONEUSDTFunding 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
- $6.23
- Price spread: −0.668% → −0.013%
- −$65.46
- Slippage, 4 orders
- −$86.71
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$159.94
- Costs to cover
- 1.007%
- Break-even
- 186.6 days
Slippage from MEXC: live order book, just now; Binance: live order book, 21 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, just now | 0.12 bp | 32.4 bp −$32 | 74.2 bp −$742 | 273.7 bp −$27.4K | doesn't fit |
| Sell Binance live order book, 21 min ago | 0.74 bp | 24.3 bp −$24 | doesn't fit | doesn't fit | 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 | −2.579% | $102K | $53K | — | as long as short |
| Bitget ONEUSDT | −0.3016% | 1h | 0.004307 | −0.405% | $1.9M | $38.0M | 20x | as long as short |
| BloFin ONE-USDT | −0.1834% | 1h | 0.004324 | −0.021% | $765K | $3.3M | 50x | as long as short |
| Gate ONE_USDT | −0.1366% | 8h | 0.004294 | −0.705% | $1.7M | $16.8M | 20x | as long as short |
| Aster ONEUSDT | −0.1320% | 1h | 0.004299 | −0.592% | $2.3M | $8.5M | 5x | as long as short |
| MEXC ONE_USDTlong | −0.0872% | 1h | 0.004325 | long leg | $11.0M | $17.0M | 20x | |
| Binance ONEUSDTshort | −0.0842% | 1h | 0.004296 | −0.668% | $14.7M | $367.2M | 50x | |
| BingX ONE-USDT | −0.0080% | 1h | 0.004637 | +7.231% | — | $6.6M | — | as long as short |
| KuCoin ONEUSDTM | +0.1536% | 1h | 0.004692 | +8.498% | $4.9M | $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