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: Binance against MEXC−0.043%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1101.095% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days+0.018%+$2 · spread now −0.043%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.043% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PUNDIX_USDT | 0.1169 | 0.0100 | pay 0.0050% / 4h | 3h 53m | $2.3M | $102K | 50x |
| Short | Binance PUNDIXUSDT | 0.1168 | 0.0100 | get 0.0050% / 4h | 3h 53m | $1.3M | $1.7M | 50x |
MEXC PUNDIX_USDT
Binance PUNDIXUSDTFunding 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: −0.043% → 0.000%
- −$4.3
- Slippage, 4 orders
- −$95.54
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$113.84
- Costs to cover
- 1.095%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 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, 4 min ago | 2.99 bp | 14.8 bp −$15 | 65.5 bp −$655 | 181.0 bp −$18.1K | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.29 bp | 29.6 bp −$30 | 205.7 bp −$2,057 | doesn't fit | 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 | 0.1168 | −0.017% | — | $1.2M | — | as long as short |
| Binance PUNDIXUSDTshort | +0.0100% | 4h | 0.1168 | −0.043% | $1.3M | $1.7M | 50x | |
| Bybit PUNDIXUSDT | +0.0100% | 4h | 0.1169 | +0.017% | $740K | $432K | 20x | as long as short |
| Gate PUNDIX_USDT | +0.0100% | 4h | 0.1166 | −0.231% | $37K | $11K | 20x | as long as short |
| MEXC PUNDIX_USDTlong | +0.0100% | 4h | 0.1169 | long leg | $2.3M | $102K | 50x | |
| Bitget PUNDIXUSDT | +0.0100% | 4h | 0.1167 | −0.111% | $221K | $215K | 20x | as long as short |
| Variational Omni PUNDIX | +0.0100% | 4h | 0.1172 | +0.274% | $85 | $39K | — | as long as short |
BingX PUNDIX-USDT
Bybit PUNDIXUSDT
Gate PUNDIX_USDT
Bitget PUNDIXUSDT
Variational Omni PUNDIX