Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.011%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$560.556% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.020%+$2 · spread now −0.011%, 7d avg −0.007%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SPKUSDT | 0.02145 | 0.0100 | pay 0.0050% / 4h | 54m 25s | $3.8M | $5.5M | 50x |
| Short | MEXC SPK_USDT | 0.02145 | 0.0100 | get 0.0050% / 4h | 54m 25s | $2.1M | $652K | 50x |
Binance SPKUSDT
MEXC SPK_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: −0.011% → −0.007%
- −$0.41
- Slippage, 4 orders
- −$41.62
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$56.02
- Costs to cover
- 0.556%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; MEXC: live order book, 7 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, 14 min ago | 2.35 bp | 21.2 bp −$21 | 93.2 bp −$932 | 18771.1 bp −$1.88M | doesn't fit |
| Sell MEXC live order book, 7 min ago | 2.34 bp | 5.7 bp −$6 | 38.6 bp −$386 | 184.9 bp −$18.5K | 400.5 bp −$200.3K |
SPK on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SPK-USDT | +0.0093% | 4h | 0.02147 | +0.082% | $190K | $38K | 50x | as long as short |
| Gate SPK_USDT | +0.0098% | 4h | 0.02145 | −0.011% | $145K | $133K | 50x | as long as short |
| Aster SPKUSDT | +0.0100% | 4h | 0.02146 | +0.051% | $9K | $63K | 5x | as long as short |
| Binance SPKUSDTlong | +0.0100% | 4h | 0.02145 | long leg | $3.8M | $5.5M | 50x | |
| Bybit SPKUSDT | +0.0100% | 4h | 0.02145 | +0.003% | $1.9M | $2.2M | 25x | as long as short |
| OKX SPK-USDT-SWAP | +0.0100% | 4h | 0.02149 | +0.175% | $752K | $1.9M | 20x | as long as short |
| MEXC SPK_USDTshort | +0.0100% | 4h | 0.02145 | −0.011% | $2.1M | $652K | 50x | |
| KuCoin SPKUSDTM | +0.0100% | 4h | 0.02149 | +0.175% | $917K | $414K | 30x | as long as short |
| Bitget SPKUSDT | +0.0100% | 4h | 0.02147 | +0.082% | $1.3M | $1.4M | 50x | as long as short |
| BingX SPK-USDT | +0.0100% | 4h | 0.02145 | −0.011% | — | $2.3M | — | as long as short |
BloFin SPK-USDT
Gate SPK_USDT
Aster SPKUSDT
Bybit SPKUSDT
OKX SPK-USDT-SWAP
KuCoin SPKUSDTM
Bitget SPKUSDT
BingX SPK-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SPK | +0.0100% | 4h | 0.02137 | −0.374% | $158K | $62K | — | as long as short |
| SunX SPK-USDT | +0.0100% | 4h | 0.02192 | +2.180% | $679 | $1.1M | 20x | as long as short |
| Extended SPK-USD | +0.0104% | 1h | 0.02145 | −0.031% | $3K | $146K | 5x | as long as short |
| Kraken Futures PF_SPKUSD | +0.1358% | 1h | 0.02156 | +0.495% | $23K | $29K | 10x | as long as short |
Variational Omni SPK
SunX SPK-USDT
Extended SPK-USD
Kraken Futures PF_SPKUSD