Funding you earn now, next payment 04:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against MEXC−0.055%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$233as in the Price arb table
costs, in and out, $10k−$2302.303% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.151%+$15 · spread now −0.055%, 7d avg −0.031%
=Funding pays, the price is against you. Binance is 0.024% cheaper against MEXC than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of −0.031%). If the spread goes back, that is −$2 on $10k: about 3.1 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.002% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STAR_USDT | 0.03836 | 0.1932 | pay 0.0966% / 4h | 26m 56s | $246K | $276K | 10x |
| Short | Binance STARUSDT | 0.03834 | 0.1958 | get 0.0979% / 4h | 26m 56s | $5.4M | $8.0M | 10x |
MEXC STAR_USDT
Binance STARUSDTFunding 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
- $5.44
- Price spread: −0.055% → −0.031%
- −$2.44
- Slippage, 4 orders
- −$216.32
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$227.32
- Costs to cover
- 2.303%
- Break-even
- 299.6 days
Slippage from MEXC: live order book, 13 min ago; Binance: live order book, 12 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, 13 min ago | 6.55 bp | 77.9 bp −$78 | 116.4 bp −$1,164 | 362.2 bp −$36.2K | doesn't fit |
| Sell Binance live order book, 12 min ago | 5.24 bp | 45.5 bp −$45 | 473.2 bp −$4,732 | doesn't fit | doesn't fit |
STAR on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin STARUSDTM | −0.1918% | 4h | 0.03870 | +0.886% | $214K | $951K | 3x | as long as short |
| Gate STAR_USDT | +0.0200% | 4h | 0.03839 | +0.078% | $302K | $248K | 5x | as long as short |
| BingX STAR-USDT | +0.1810% | 4h | 0.03836 | 0.000% | — | $1.7M | — | as long as short |
| MEXC STAR_USDTlong | +0.1932% | 4h | 0.03836 | long leg | $246K | $276K | 10x | |
| Binance STARUSDTshort | +0.1958% | 4h | 0.03834 | −0.055% | $5.4M | $8.0M | 10x | |
| Aster STARUSDT | +0.2198% | 4h | 0.03820 | −0.417% | $38K | $54K | 5x | as long as short |
KuCoin STARUSDTM
Gate STAR_USDT
BingX STAR-USDT
Aster STARUSDT