Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.041%7-day average −0.010% · 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−$1131.129% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.041%, 7d avg −0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.031% 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 −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SIRENUSDT | 0.02431 | 0.1076 | pay 0.0538% / 4h | 2h 59m | $8.4M | $3.5M | 10x |
| Short | MEXC SIREN_USDT | 0.02430 | 0.1072 | get 0.0536% / 4h | 2h 59m | $694K | $131K | 100x |
Funding 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
- −$0.78
- Price spread: −0.041% → −0.010%
- −$3.1
- Slippage, 4 orders
- −$102.86
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$116.73
- Costs to cover
- 1.129%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 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, 9 min ago | 2.06 bp | 36.4 bp −$36 | 200.1 bp −$2,001 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 45 min ago | 2.06 bp | 17.2 bp −$17 | 100.6 bp −$1,006 | 809.4 bp −$80.9K | doesn't fit |
SIREN 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SIRENUSDT | −0.3047% | 4h | 0.02470 | +1.604% | $1.9M | $2.7M | 5x | as long as short |
| SunX SIREN-USDT | +0.0100% | 4h | 0.02433 | +0.082% | $1K | $1.1M | 20x | as long as short |
| Bitget SIRENUSDT | +0.0820% | 4h | 0.02443 | +0.494% | $2.8M | $1.4M | 10x | as long as short |
| Aster SIRENUSDT | +0.1003% | 4h | 0.02430 | −0.049% | $214K | $81K | 5x | as long as short |
| BingX SIREN-USDT | +0.1054% | 4h | 0.02434 | +0.123% | — | $2.3M | — | as long as short |
| MEXC SIREN_USDTshort | +0.1072% | 4h | 0.02430 | −0.041% | $694K | $131K | 100x | |
| Binance SIRENUSDTlong | +0.1076% | 4h | 0.02431 | long leg | $8.4M | $3.5M | 10x | |
| KuCoin SIRENUSDTM | +0.1336% | 4h | 0.02434 | +0.123% | $999K | $433K | 10x | as long as short |
| Gate SIREN_USDT | +0.2308% | 4h | 0.02423 | −0.329% | $569K | $207K | 10x | as long as short |
Binance SIRENUSDT
MEXC SIREN_USDT
Bybit SIRENUSDT
SunX SIREN-USDT
Bitget SIRENUSDT
Aster SIRENUSDT
BingX SIREN-USDT
KuCoin SIRENUSDTM
Gate SIREN_USDT