Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against MEXC+0.023%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1851.854% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.054%−$5 · spread now +0.023%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.028% dearer against MEXC 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 | MEXC PLAY_USDT | 0.02863 | 0.0100 | pay 0.0050% / 4h | 2h 29m | $7.9M | $622K | 20x |
| Short | Binance PLAYUSDT | 0.02864 | 0.0100 | get 0.0050% / 4h | 2h 29m | $4.6M | $10.7M | 10x |
MEXC PLAY_USDT
Binance PLAYUSDTFunding 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
- $0
- Price spread: +0.023% → −0.005%
- $2.77
- Slippage, 4 orders
- −$171.42
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$182.65
- Costs to cover
- 1.854%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Binance: live order book, 10 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, 3 min ago | 3.48 bp | 42.0 bp −$42 | 125.2 bp −$1,252 | 480.9 bp −$48.1K | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.78 bp | 50.3 bp −$50 | 234.3 bp −$2,343 | doesn't fit | 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 | −0.0410% | 4h | 0.02858 | −0.181% | $1.8M | $1.1M | 5x | as long as short |
| Binance PLAYUSDTshort | +0.0100% | 4h | 0.02864 | +0.023% | $4.6M | $10.7M | 10x | |
| MEXC PLAY_USDTlong | +0.0100% | 4h | 0.02863 | long leg | $7.9M | $622K | 20x | |
| Extended PLAY-USD | +0.0104% | 1h | 0.02862 | −0.027% | $1K | $118K | 5x | as long as short |
| Gate PLAY_USDT | +0.0554% | 4h | 0.02870 | +0.244% | $499K | $518K | 10x | as long as short |
Aster PLAYUSDT
Extended PLAY-USD
Gate PLAY_USDT