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−0.001%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1331.327% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.001%, 7d avg −0.039%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.038% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORDERUSDT | 0.03982 | 0.0100 | pay 0.0050% / 4h | 1h 13m | $1.4M | $1.5M | 50x |
| Short | MEXC ORDER_USDT | 0.03982 | 0.0100 | get 0.0050% / 4h | 1h 13m | $269K | $102K | 20x |
Binance ORDERUSDT
MEXC ORDER_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: −0.001% → −0.039%
- $3.83
- Slippage, 4 orders
- −$118.72
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$128.89
- Costs to cover
- 1.327%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; MEXC: live order book, 60 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, 5 min ago | 3.77 bp | 42.2 bp −$42 | 292.4 bp −$2,924 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 60 min ago | 7.52 bp | 23.5 bp −$23 | 90.4 bp −$904 | 227.4 bp −$22.7K | doesn't fit |
ORDER 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ORDERUSDTlong | +0.0100% | 4h | 0.03982 | long leg | $1.4M | $1.5M | 50x | |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.03972 | −0.252% | $1.3M | $594K | 20x | as long as short |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.03977 | −0.127% | $161K | $295K | 20x | as long as short |
| Gate ORDER_USDT | +0.0100% | 4h | 0.03980 | −0.051% | $73K | $79K | 20x | as long as short |
| MEXC ORDER_USDTshort | +0.0100% | 4h | 0.03982 | −0.001% | $269K | $102K | 20x | |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.03981 | −0.026% | $220K | $88K | 30x | as long as short |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.03977 | −0.127% | $477K | $198K | 20x | as long as short |
| Variational Omni ORDER | +0.0100% | 8h | 0.03972 | −0.265% | $10K | $2K | — | as long as short |
| BloFin ORDER-USDT | +0.0126% | 8h | 0.03969 | −0.328% | $66K | $7K | 16x | as long as short |
| BingX ORDER-USDT | +0.0200% | 4h | 0.03978 | −0.102% | — | $1.3M | — | as long as short |
Bybit ORDERUSDT
OKX ORDER-USDT-SWAP
Gate ORDER_USDT
KuCoin ORDERUSDTM
Bitget ORDERUSDT
Variational Omni ORDER
BloFin ORDER-USDT
BingX ORDER-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDC | +0.0898% | 4h | 0.03982 | −0.001% | $188K | $215K | 10x | as long as short |
Orderly PERP_ORDER_USDC