Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.5% APRpaid last 24h +0.017%
Price spread now: MEXC against Binance0.000%7-day average −0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1131.125% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 4 days (all we have)−0.317%−$32 · spread now 0.000%, 7d avg −0.090%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and MEXC is 0.090% dearer against Binance than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.090%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000SATSUSDT | 0.00000001233 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $2.2M | $5.4M | 25x |
| Short | MEXC SATS_USDT | 0.00000001233 | 0.0114 | get 0.0114% / 8h | 3h 55m | $374K | $182K | 100x |
Binance 1000SATSUSDT
MEXC SATS_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
- $2.94
- Price spread: 0.000% → −0.090%
- $8.98
- Slippage, 4 orders
- −$94.51
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$100.59
- Costs to cover
- 1.125%
- Break-even
- 246.5 days
Slippage from Binance: live order book, 12 min ago; MEXC: live order book, 45 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, 12 min ago | 4.06 bp | 27.3 bp −$27 | 438.8 bp −$4,388 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 45 min ago | 8.20 bp | 28.3 bp −$28 | 135.6 bp −$1,356 | 282.2 bp −$28.2K | 565.9 bp −$282.9K |
SATS on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance 1000SATSUSDTlong | +0.0100% | 4h | 0.00000001233 | long leg | $2.2M | $5.4M | 25x | |
| Bybit 10000SATSUSDT | +0.0100% | 4h | 0.00000001234 | +0.081% | $287K | $889K | 13x | as long as short |
| Gate SATS_USDT | +0.0100% | 4h | 0.00000001232 | −0.081% | $361K | $249K | 25x | as long as short |
| KuCoin 10000SATSUSDTM | +0.0100% | 4h | 0.00000001233 | 0.000% | $198K | $88K | 10x | as long as short |
| Bitget 1000SATSUSDT | +0.0100% | 4h | 0.00000001232 | −0.081% | $719K | $243K | 25x | as long as short |
| MEXC SATS_USDTshort | +0.0114% | 8h | 0.00000001233 | 0.000% | $374K | $182K | 100x | |
| OKX SATS-USDT-SWAP | +0.0115% | 8h | 0.00000001236 | +0.243% | $819K | $3.0M | 10x | as long as short |
| BingX 10000SATS-USDT | +0.0124% | 4h | 0.00000001233 | 0.000% | — | $5.8M | — | as long as short |
Bybit 10000SATSUSDT
Gate SATS_USDT
KuCoin 10000SATSUSDTM
Bitget 1000SATSUSDT
OKX SATS-USDT-SWAP
BingX 10000SATS-USDT