Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.031%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1131.126% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.184%+$18 · spread now −0.031%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.032% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SHELLUSDT | 0.02706 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $2.1M | $2.9M | 10x |
| Short | MEXC SHELL_USDT | 0.02705 | 0.0100 | get 0.0050% / 4h | 2h 32m | $280K | $143K | 50x |
Binance SHELLUSDT
MEXC SHELL_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
- $0
- Price spread: −0.031% → 0.000%
- −$3.17
- Slippage, 4 orders
- −$98.63
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$115.8
- Costs to cover
- 1.126%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; MEXC: live order book, 62 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, 3 min ago | 3.67 bp | 39.4 bp −$39 | 189.0 bp −$1,890 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 62 min ago | 3.70 bp | 12.6 bp −$13 | 41.6 bp −$416 | 156.7 bp −$15.7K | 412.0 bp −$206.0K |
SHELL 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SHELLUSDT | +0.0100% | 4h | 0.02707 | +0.034% | $1K | $10K | 5x | as long as short |
| Binance SHELLUSDTlong | +0.0100% | 4h | 0.02706 | long leg | $2.1M | $2.9M | 10x | |
| OKX SHELL-USDT-SWAP | +0.0100% | 4h | 0.02706 | +0.006% | $175K | $466K | 10x | as long as short |
| Gate SHELL_USDT | +0.0100% | 4h | 0.02718 | +0.449% | $414K | $207K | 10x | as long as short |
| MEXC SHELL_USDTshort | +0.0100% | 4h | 0.02705 | −0.031% | $280K | $143K | 50x | |
| KuCoin SHELLUSDTM | +0.0100% | 4h | 0.02707 | +0.043% | $345K | $34K | 10x | as long as short |
| Variational Omni SHELL | +0.0100% | 4h | 0.02721 | +0.563% | $1K | $1K | — | as long as short |
| Bybit SHELLUSDT | +0.0197% | 4h | 0.02701 | −0.179% | $511K | $217K | 13x | as long as short |
| BingX SHELL-USDT | +0.0802% | 4h | 0.02706 | +0.006% | — | $6.5M | — | as long as short |
| Bitget SHELLUSDT | +0.0854% | 4h | 0.02712 | +0.227% | $566K | $230K | 10x | as long as short |
Aster SHELLUSDT
OKX SHELL-USDT-SWAP
Gate SHELL_USDT
KuCoin SHELLUSDTM
Variational Omni SHELL
Bybit SHELLUSDT
BingX SHELL-USDT
Bitget SHELLUSDT