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: Binance against MEXC+0.054%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1081.084% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.054%, 7d avg +0.056%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SPELL_USDT | 0.00009190 | 0.0100 | pay 0.0100% / 8h | 6h 07m | $416K | $132K | 20x |
| Short | Binance SPELLUSDT | 0.00009195 | 0.0100 | get 0.0100% / 8h | 6h 07m | $1.5M | $1.6M | 50x |
MEXC SPELL_USDT
Binance SPELLUSDTFunding 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
- $0
- Price spread: +0.054% → +0.056%
- −$0.21
- Slippage, 4 orders
- −$94.37
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$108.57
- Costs to cover
- 1.084%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 43 min ago; Binance: live order book, 11 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, 43 min ago | 5.45 bp | 18.6 bp −$19 | 135.1 bp −$1,351 | 373.3 bp −$37.3K | 566.0 bp −$283.0K |
| Sell Binance live order book, 11 min ago | 5.43 bp | 34.4 bp −$34 | 190.9 bp −$1,909 | doesn't fit | doesn't fit |
SPELL on 7 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 SPELLUSDTshort | +0.0100% | 8h | 0.00009195 | +0.054% | $1.5M | $1.6M | 50x | |
| Gate SPELL_USDT | +0.0100% | 8h | 0.00009180 | −0.109% | $51K | $24K | 20x | as long as short |
| MEXC SPELL_USDTlong | +0.0100% | 8h | 0.00009190 | long leg | $416K | $132K | 20x | |
| KuCoin SPELLUSDTM | +0.0100% | 8h | 0.00009190 | 0.000% | $192K | $26K | 30x | as long as short |
| Bitget SPELLUSDT | +0.0100% | 8h | 0.00009190 | 0.000% | $611K | $40K | 25x | as long as short |
| Variational Omni SPELL | +0.0100% | 8h | 0.00009203 | +0.146% | $112 | $2K | — | as long as short |
| Kraken Futures PF_SPELLUSD | +0.1181% | 1h | 0.00009199 | +0.095% | $15K | $2K | 10x | as long as short |
Gate SPELL_USDT
KuCoin SPELLUSDTM
Bitget SPELLUSDT
Variational Omni SPELL
Kraken Futures PF_SPELLUSD