PTB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against MEXC+0.134%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$130as in the Funding arb table

Net, price: spread back to 7d avg − costs−$117as in the Price arb table

costs, in and out, $10k−$1301.298% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 on $10k

Price spread, last 7 days−0.163%−$16 · spread now +0.134%, 7d avg +0.008%

Together, before fees−0.168%−$17 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.126% dearer against MEXC than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC PTB_USDT	0.001048	0.0836	pay 0.0418% / 4h	2h 23m	$338K	$623K	20x
Short	Binance PTBUSDT	0.001050	0.0837	get 0.0419% / 4h	2h 23m	$7.4M	$97.8M	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BinancebpOrdersPrice spread, now +0.134%Rate

Funding earned: $0.21
Price spread: +0.134% → +0.008%: $12.57
Slippage, 4 orders: −$111.83
Fee MEXC: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$117.05
Costs to cover: 1.298%
Break-even: 3832.1 days

Slippage from MEXC: live order book, 21 min ago; Binance: live order book, 5 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, 21 min ago	2.89 bp	27.0 bp −$27	71.1 bp −$711	233.5 bp −$23.3K	doesn't fit
Sell Binance live order book, 5 min ago	1.44 bp	31.9 bp −$32	165.6 bp −$1,656	doesn't fit	doesn't fit

PTB on 10 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
Bybit PTBUSDT	+0.0100%	4h	0.001049	+0.114%	$1.5M	$16.5M	25x	as long as short
Variational Omni PTB	+0.0100%	4h	0.001043	−0.522%	$30K	$59K	—	as long as short
BingX PTB-USDT	+0.0802%	4h	0.001049	+0.105%	—	$2.0M	—	as long as short
MEXC PTB_USDTlong	+0.0836%	4h	0.001048	long leg	$338K	$623K	20x
Binance PTBUSDTshort	+0.0837%	4h	0.001050	+0.134%	$7.4M	$97.8M	20x
Extended kPTB-USD	+0.0840%	1h	0.001049	+0.108%	$4K	$42K	5x	as long as short
BloFin PTB-USDT	+0.0870%	4h	0.001049	+0.095%	$431K	$413K	20x	as long as short
KuCoin PTBUSDTM	+0.1078%	4h	0.001047	−0.095%	$1.6M	$6.3M	20x	as long as short
Aster PTBUSDT	+0.1163%	4h	0.001049	+0.122%	$78K	$718K	5x	as long as short
Gate PTB_USDT	+0.1970%	4h	0.001046	−0.172%	$1.8M	$3.7M	25x	as long as short