Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.050%7-day average −0.019% · 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−$91as in the Price arb table
costs, in and out, $10k−$980.975% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.075%−$7 · spread now +0.050%, 7d avg −0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.068% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PORTALUSDT | 0.02017 | 0.0100 | pay 0.0050% / 4h | 3h 38m | $3.3M | $5.2M | 10x |
| Short | MEXC PORTAL_USDT | 0.02018 | 0.0100 | get 0.0050% / 4h | 3h 38m | $1.1M | $407K | 50x |
Binance PORTALUSDT
MEXC PORTAL_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: +0.050% → −0.019%
- $6.82
- Slippage, 4 orders
- −$83.54
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$90.71
- Costs to cover
- 0.975%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 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, 14 min ago | 2.46 bp | 21.7 bp −$22 | 264.9 bp −$2,649 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.47 bp | 22.2 bp −$22 | 145.7 bp −$1,457 | 347.4 bp −$34.7K | 608.4 bp −$304.2K |
PORTAL 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PORTAL-USDT | +0.0068% | 4h | 0.02024 | +0.347% | $211K | $21K | 10x | as long as short |
| Aster PORTALUSDT | +0.0100% | 4h | 0.02017 | +0.023% | $10K | $31K | 5x | as long as short |
| Binance PORTALUSDTlong | +0.0100% | 4h | 0.02017 | long leg | $3.3M | $5.2M | 10x | |
| Bybit PORTALUSDT | +0.0100% | 4h | 0.02020 | +0.124% | $1.3M | $870K | 20x | as long as short |
| MEXC PORTAL_USDTshort | +0.0100% | 4h | 0.02018 | +0.050% | $1.1M | $407K | 50x | |
| KuCoin PORTALUSDTM | +0.0100% | 4h | 0.02018 | +0.050% | $332K | $112K | 10x | as long as short |
| BingX PORTAL-USDT | +0.0100% | 4h | 0.02020 | +0.149% | — | $1.3M | — | as long as short |
| Variational Omni PORTAL | +0.0100% | 4h | 0.02025 | +0.397% | $1K | $7K | — | as long as short |
| Kraken Futures PF_PORTALUSD | +0.3446% | 1h | 0.02028 | +0.553% | $41K | $190K | 10x | as long as short |
BloFin PORTAL-USDT
Aster PORTALUSDT
Bybit PORTALUSDT
KuCoin PORTALUSDTM
BingX PORTAL-USDT
Variational Omni PORTAL
Kraken Futures PF_PORTALUSD