Funding you earn now, next payment 04:00 UTC+0.0286%/8h= +31.3% APRnext payment +$1.43 per $10,000 · paid last 24h +0.088%
Price spread now: MEXC against Binance−0.064%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$740.736% of the position
Funding, last 7 days+0.631%+$63 on $10k
+Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.064%, 7d avg −0.004%
=Funding pays, the price is against you. MEXC is 0.059% cheaper against Binance than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of −0.004%). If the spread goes back, that is −$6 on $10k: about 17 hours of funding at the current rate (+$9 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance REDUSDT | 0.1566 | 0.0100 | pay 0.0050% / 4h | 2h 06m | $2.4M | $3.9M | 50x |
| Short | MEXC RED_USDT | 0.1565 | 0.0386 | get 0.0193% / 4h | 2h 06m | $532K | $179K | 20x |
Binance REDUSDT
MEXC RED_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
- $60.06
- Price spread: −0.064% → −0.004%
- −$5.94
- Slippage, 4 orders
- −$59.59
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$19.46
- Costs to cover
- 0.736%
- Break-even
- 9.3 days
Slippage from Binance: live order book, 15 min ago; MEXC: live order book, 54 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, 15 min ago | 3.21 bp | 26.5 bp −$27 | 141.4 bp −$1,414 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 54 min ago | 3.23 bp | 9.9 bp −$10 | 41.8 bp −$418 | 204.9 bp −$20.5K | 526.2 bp −$263.1K |
RED on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster REDUSDT | +0.0100% | 4h | 0.1566 | −0.031% | $28K | $41K | 5x | as long as short |
| Binance REDUSDTlong | +0.0100% | 4h | 0.1566 | long leg | $2.4M | $3.9M | 50x | |
| Bybit REDUSDT | +0.0100% | 4h | 0.1565 | −0.032% | $2.1M | $1.8M | 25x | as long as short |
| Gate RED_USDT | +0.0100% | 4h | 0.1566 | 0.000% | $360K | $99K | 25x | as long as short |
| Bitget REDUSDT | +0.0100% | 4h | 0.1566 | 0.000% | $741K | $279K | 20x | as long as short |
| Variational Omni RED | +0.0100% | 4h | 0.1562 | −0.279% | $26K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1602 | +2.299% | $2K | $735K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1564 | −0.136% | $31 | — | 5x | as long as short |
| MEXC RED_USDTshort | +0.0386% | 4h | 0.1565 | −0.064% | $532K | $179K | 20x |
Aster REDUSDT
Bybit REDUSDT
Gate RED_USDT
Bitget REDUSDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD