Funding you earn now, next payment 04:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against Binance+0.036%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1891.888% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.005%$0 · spread now +0.036%, 7d avg +0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.030% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PLAYUSDT | 0.02790 | 0.0131 | pay 0.0065% / 4h | 1m 47s | $4.4M | $10.5M | 10x |
| Short | MEXC PLAY_USDT | 0.02791 | 0.0130 | get 0.0065% / 4h | 1m 47s | $7.7M | $620K | 20x |
Binance PLAYUSDT
MEXC PLAY_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
- −$0.13
- Price spread: +0.036% → +0.005%
- $3.05
- Slippage, 4 orders
- −$174.85
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$185.93
- Costs to cover
- 1.888%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; MEXC: live order book, 1 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, 8 min ago | 5.35 bp | 62.0 bp −$62 | 428.1 bp −$4,281 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.79 bp | 29.5 bp −$29 | 99.0 bp −$990 | 463.5 bp −$46.3K | doesn't fit |
PLAY on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PLAYUSDT | +0.0100% | 4h | 0.02788 | −0.072% | $1.8M | $1.0M | 5x | as long as short |
| Extended PLAY-USD | +0.0128% | 1h | 0.02789 | −0.029% | $4K | $121K | 5x | as long as short |
| MEXC PLAY_USDTshort | +0.0130% | 4h | 0.02791 | +0.036% | $7.7M | $620K | 20x | |
| Binance PLAYUSDTlong | +0.0131% | 4h | 0.02790 | long leg | $4.4M | $10.5M | 10x | |
| Gate PLAY_USDT | +0.0826% | 4h | 0.02794 | +0.143% | $485K | $539K | 10x | as long as short |
Aster PLAYUSDT
Extended PLAY-USD
Gate PLAY_USDT