Funding you earn now, next payment 04:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.082%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1571.571% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.132%−$13 · spread now +0.082%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.081% dearer against MEXC than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC Q_USDT | 0.02577 | 0.0586 | pay 0.0293% / 4h | 27m 20s | $123K | $88K | 50x |
| Short | Binance QUSDT | 0.02579 | 0.0585 | get 0.0292% / 4h | 27m 20s | $7.1M | $1.3M | 20x |
MEXC Q_USDT
Binance QUSDTFunding 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
- −$0.27
- Price spread: +0.082% → +0.001%
- $8.07
- Slippage, 4 orders
- −$139.14
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$149.34
- Costs to cover
- 1.571%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Binance: live order book, 12 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, 2 min ago | 0.19 bp | 28.5 bp −$29 | 59.4 bp −$594 | 204.0 bp −$20.4K | 521.1 bp −$260.5K |
| Sell Binance live order book, 12 min ago | 2.14 bp | 50.0 bp −$50 | 294.3 bp −$2,943 | doesn't fit | doesn't fit |
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 | 0.02572 | −0.210% | $1.2M | $289K | 10x | as long as short |
| KuCoin QUSDTM | +0.0100% | 4h | 0.02568 | −0.372% | $681K | $19K | 20x | as long as short |
| Bitget QUSDT | +0.0100% | 4h | 0.02570 | −0.291% | $2.3M | $134K | 20x | as long as short |
| BloFin Q-USDT | +0.0533% | 4h | 0.02578 | +0.035% | $386K | $72K | 40x | as long as short |
| Extended Q-USD | +0.0584% | 1h | 0.02577 | −0.003% | $8K | $160K | 5x | as long as short |
| Binance QUSDTshort | +0.0585% | 4h | 0.02579 | +0.082% | $7.1M | $1.3M | 20x | |
| MEXC Q_USDTlong | +0.0586% | 4h | 0.02577 | long leg | $123K | $88K | 50x | |
| Aster QUSDT | +0.0729% | 4h | 0.02569 | −0.326% | $59K | $47K | 5x | as long as short |
| BingX Q-USDT | +0.0908% | 4h | 0.02580 | +0.120% | — | $1.3M | — | as long as short |
| Variational Omni Q | +0.0908% | 4h | 0.02575 | −0.103% | $620 | $2K | — | as long as short |
Gate Q_USDT
KuCoin QUSDTM
Bitget QUSDT
BloFin Q-USDT
Extended Q-USD
Aster QUSDT
BingX Q-USDT
Variational Omni QShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit QUSDT | +0.0998% | 4h | 0.02575 | −0.085% | $1.6M | $385K | 13x | as long as short |
Bybit QUSDT