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: MEXC against Binance−0.008%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1000.997% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now −0.008%, 7d avg +0.001%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PUNDIXUSDT | 0.1198 | 0.0100 | pay 0.0050% / 4h | 3h 38m | $1.4M | $1.8M | 50x |
| Short | MEXC PUNDIX_USDT | 0.1198 | 0.0100 | get 0.0050% / 4h | 3h 38m | $2.4M | $104K | 50x |
Binance PUNDIXUSDT
MEXC PUNDIX_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: −0.008% → +0.001%
- −$0.9
- Slippage, 4 orders
- −$85.7
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$100.6
- Costs to cover
- 0.997%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; MEXC: live order book, 3 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, 10 min ago | 3.76 bp | 27.0 bp −$27 | 211.9 bp −$2,119 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 4.99 bp | 18.0 bp −$18 | 63.0 bp −$630 | 167.1 bp −$16.7K | doesn't fit |
PUNDIX on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX PUNDIX-USDT | +0.0070% | 4h | 0.1202 | +0.325% | — | $1.2M | — | as long as short |
| Binance PUNDIXUSDTlong | +0.0100% | 4h | 0.1198 | long leg | $1.4M | $1.8M | 50x | |
| Bybit PUNDIXUSDT | +0.0100% | 4h | 0.1202 | +0.300% | $781K | $412K | 20x | as long as short |
| Gate PUNDIX_USDT | +0.0100% | 4h | 0.1199 | +0.067% | $37K | $7K | 20x | as long as short |
| MEXC PUNDIX_USDTshort | +0.0100% | 4h | 0.1198 | −0.008% | $2.4M | $104K | 50x | |
| Bitget PUNDIXUSDT | +0.0100% | 4h | 0.1198 | −0.042% | $238K | $233K | 20x | as long as short |
| Variational Omni PUNDIX | +0.0100% | 4h | 0.1204 | +0.456% | $1K | $60K | — | as long as short |
BingX PUNDIX-USDT
Bybit PUNDIXUSDT
Gate PUNDIX_USDT
Bitget PUNDIXUSDT
Variational Omni PUNDIX