Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.044%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$780.775% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.044%, 7d avg +0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.026% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PORTAL_USDT | 0.01979 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $884K | $390K | 50x |
| Short | Binance PORTALUSDT | 0.01980 | 0.0100 | get 0.0050% / 4h | 2h 21m | $3.2M | $5.2M | 10x |
MEXC PORTAL_USDT
Binance PORTALUSDTFunding 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: +0.044% → +0.018%
- $2.61
- Slippage, 4 orders
- −$63.54
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$74.93
- Costs to cover
- 0.775%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 39 min ago; Binance: 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 MEXC live order book, 39 min ago | 2.55 bp | 11.9 bp −$12 | 91.5 bp −$915 | 340.1 bp −$34.0K | 622.5 bp −$311.3K |
| Sell Binance live order book, 1 min ago | 2.52 bp | 24.2 bp −$24 | 140.5 bp −$1,405 | doesn't fit | doesn't fit |
PORTAL on 8 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 PORTALUSDT | +0.0100% | 4h | 0.01979 | 0.000% | $8K | $36K | 5x | as long as short |
| Binance PORTALUSDTshort | +0.0100% | 4h | 0.01980 | +0.044% | $3.2M | $5.2M | 10x | |
| Bybit PORTALUSDT | +0.0100% | 4h | 0.01982 | +0.162% | $1.3M | $899K | 20x | as long as short |
| MEXC PORTAL_USDTlong | +0.0100% | 4h | 0.01979 | long leg | $884K | $390K | 50x | |
| KuCoin PORTALUSDTM | +0.0100% | 4h | 0.01978 | −0.051% | $341K | $117K | 10x | as long as short |
| BingX PORTAL-USDT | +0.0100% | 4h | 0.01980 | +0.051% | — | $1.3M | — | as long as short |
| Variational Omni PORTAL | +0.0100% | 4h | 0.01979 | +0.004% | $1K | $6K | — | as long as short |
| Kraken Futures PF_PORTALUSD | +0.2206% | 1h | 0.01984 | +0.232% | $40K | $195K | 10x | as long as short |
Aster PORTALUSDT
Bybit PORTALUSDT
KuCoin PORTALUSDTM
BingX PORTAL-USDT
Variational Omni PORTAL
Kraken Futures PF_PORTALUSD