Funding you earn now, next payment 00:00 UTC−0.0286%/8h= −31.3% APRnext payment −$1.43 per $10,000 · paid last 24h −0.088%
Price spread now: Binance against MEXC+0.031%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$650.649% of the position
Funding, last 7 days−0.634%−$63 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.031%, 7d avg +0.003%
=The price spread pays, funding is against you. Binance is 0.027% dearer against MEXC than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of +0.003%): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC RED_USDT | 0.1508 | 0.0386 | pay 0.0193% / 4h | 1h 12m | $552K | $173K | 20x |
| Short | Binance REDUSDT | 0.1508 | 0.0100 | get 0.0050% / 4h | 1h 12m | $2.4M | $3.8M | 50x |
MEXC RED_USDT
Binance REDUSDTFunding 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
- −$60.06
- Price spread: +0.031% → +0.003%
- $2.71
- Slippage, 4 orders
- −$50.88
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$122.23
- Costs to cover
- 0.649%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 62 min ago; Binance: live order book, 9 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, 62 min ago | 3.32 bp | 10.1 bp −$10 | 42.7 bp −$427 | 220.4 bp −$22.0K | 496.4 bp −$248.2K |
| Sell Binance live order book, 9 min ago | 3.32 bp | 27.3 bp −$27 | 111.7 bp −$1,117 | doesn't fit | doesn't fit |
RED on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RED-USDT | +0.0095% | 4h | 0.1506 | −0.119% | $225K | $5K | 25x | as long as short |
| Aster REDUSDT | +0.0100% | 4h | 0.1508 | +0.025% | $21K | $33K | 5x | as long as short |
| Binance REDUSDTshort | +0.0100% | 4h | 0.1508 | +0.031% | $2.4M | $3.8M | 50x | |
| Bybit REDUSDT | +0.0100% | 4h | 0.1509 | +0.060% | $2.2M | $1.7M | 25x | as long as short |
| Gate RED_USDT | +0.0100% | 4h | 0.1507 | −0.066% | $348K | $151K | 25x | as long as short |
| Bitget REDUSDT | +0.0100% | 4h | 0.1507 | −0.066% | $722K | $297K | 20x | as long as short |
| Variational Omni RED | +0.0100% | 4h | 0.1505 | −0.208% | $25K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1545 | +2.454% | $2K | $663K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1508 | −0.020% | $30 | — | 5x | as long as short |
| MEXC RED_USDTlong | +0.0386% | 4h | 0.1508 | long leg | $552K | $173K | 20x |
BloFin RED-USDT
Aster REDUSDT
Bybit REDUSDT
Gate RED_USDT
Bitget REDUSDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD