Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.023%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1451.454% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.023%, 7d avg −0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.022% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance QUSDT | 0.02566 | 0.0212 | pay 0.0106% / 4h | 2h 38m | $7.1M | $1.4M | 20x |
| Short | MEXC Q_USDT | 0.02565 | 0.0220 | get 0.0110% / 4h | 2h 38m | $122K | $87K | 50x |
Binance QUSDT
MEXC Q_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
- $1.76
- Price spread: −0.023% → −0.002%
- −$2.17
- Slippage, 4 orders
- −$127.36
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$145.76
- Costs to cover
- 1.454%
- Break-even
- 585.4 days
Slippage from Binance: live order book, 16 min ago; MEXC: live order book, 47 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, 16 min ago | 0.19 bp | 35.9 bp −$36 | 459.6 bp −$4,596 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 47 min ago | 0.39 bp | 31.4 bp −$31 | 48.0 bp −$480 | 112.4 bp −$11.2K | 456.5 bp −$228.2K |
Q on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate Q_USDT | +0.0100% | 4h | 0.02562 | −0.144% | $1.2M | $298K | 10x | as long as short |
| KuCoin QUSDTM | +0.0100% | 4h | 0.02559 | −0.261% | $681K | $19K | 20x | as long as short |
| Bitget QUSDT | +0.0100% | 4h | 0.02565 | −0.012% | $2.3M | $141K | 20x | as long as short |
| Aster QUSDT | +0.0108% | 4h | 0.02561 | −0.178% | $59K | $45K | 5x | as long as short |
| Extended Q-USD | +0.0208% | 1h | 0.02564 | −0.067% | $8K | $247K | 5x | as long as short |
| Binance QUSDTlong | +0.0212% | 4h | 0.02566 | long leg | $7.1M | $1.4M | 20x | |
| MEXC Q_USDTshort | +0.0220% | 4h | 0.02565 | −0.023% | $122K | $87K | 50x | |
| BloFin Q-USDT | +0.0255% | 4h | 0.02564 | −0.043% | $386K | $71K | 40x | as long as short |
| Bybit QUSDT | +0.0451% | 4h | 0.02561 | −0.175% | $1.6M | $397K | 13x | as long as short |
| BingX Q-USDT | +0.0618% | 4h | 0.02569 | +0.152% | — | $1.3M | — | as long as short |
Gate Q_USDT
KuCoin QUSDTM
Bitget QUSDT
Aster QUSDT
Extended Q-USD
BloFin Q-USDT
Bybit QUSDT
BingX Q-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni Q | +0.0768% | 4h | 0.02566 | +0.003% | $619 | $2K | — | as long as short |
Variational Omni Q