Funding you earn now, next payment 04:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h −0.016%
Price spread now: Binance against MEXC−0.161%7-day average +0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1221.217% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)+0.328%+$33 · spread now −0.161%, 7d avg +0.094%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.255% cheaper against MEXC than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of +0.094%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SATS_USDT | 0.00000001242 | 0.0144 | pay 0.0144% / 8h | 6h 25m | $379K | $185K | 100x |
| Short | Binance 1000SATSUSDT | 0.00000001240 | 0.0100 | get 0.0050% / 4h | 2h 25m | $2.2M | $5.3M | 25x |
MEXC SATS_USDT
Binance 1000SATSUSDTFunding 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
- −$9.24
- Price spread: −0.161% → +0.094%
- −$25.49
- Slippage, 4 orders
- −$103.72
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$156.45
- Costs to cover
- 1.217%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 25 min ago; Binance: live order book, 13 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, 25 min ago | 12.17 bp | 31.4 bp −$31 | 151.9 bp −$1,519 | 283.3 bp −$28.3K | 595.7 bp −$297.8K |
| Sell Binance live order book, 13 min ago | 4.03 bp | 31.6 bp −$32 | 268.3 bp −$2,683 | doesn't fit | doesn't fit |
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 1000SATSUSDTshort | +0.0100% | 4h | 0.00000001240 | −0.161% | $2.2M | $5.3M | 25x | |
| Bybit 10000SATSUSDT | +0.0100% | 4h | 0.00000001243 | +0.097% | $287K | $876K | 13x | as long as short |
| Gate SATS_USDT | +0.0100% | 4h | 0.00000001240 | −0.161% | $364K | $243K | 25x | as long as short |
| KuCoin 10000SATSUSDTM | +0.0100% | 4h | 0.00000001242 | 0.000% | $204K | $88K | 10x | as long as short |
| Bitget 1000SATSUSDT | +0.0100% | 4h | 0.00000001244 | +0.161% | $740K | $233K | 25x | as long as short |
| BingX 10000SATS-USDT | +0.0132% | 4h | 0.00000001243 | +0.081% | — | $90.3M | — | as long as short |
| OKX SATS-USDT-SWAP | +0.0141% | 8h | 0.00000001243 | +0.048% | $834K | $3.0M | 10x | as long as short |
| MEXC SATS_USDTlong | +0.0144% | 8h | 0.00000001242 | long leg | $379K | $185K | 100x |
Bybit 10000SATSUSDT
Gate SATS_USDT
KuCoin 10000SATSUSDTM
Bitget 1000SATSUSDT
BingX 10000SATS-USDT
OKX SATS-USDT-SWAP