Funding you earn now, next payment 04:00 UTC+0.0001%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.028%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$490.486% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 7 days−0.081%−$8 · spread now +0.028%, 7d avg −0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.042% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TUSDT | 0.005227 | −0.0205 | get 0.0103% / 4h | 1h 41m | $3.3M | $7.4M | 50x |
| Short | MEXC T_USDT | 0.005228 | −0.0204 | pay 0.0102% / 4h | 1h 41m | $3.2M | $204K | 20x |
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
- $0.29
- Price spread: +0.028% → −0.013%
- $4.17
- Slippage, 4 orders
- −$34.62
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$44.16
- Costs to cover
- 0.486%
- Break-even
- 1073.7 days
Slippage from Binance: live order book, 13 min ago; MEXC: live order book, 6 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, 13 min ago | 0.96 bp | 13.6 bp −$14 | 39.3 bp −$393 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 0.96 bp | 10.8 bp −$11 | 47.4 bp −$474 | 132.8 bp −$13.3K | doesn't fit |
T on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TUSD | −0.2925% | 1h | 0.005219 | −0.147% | $2K | $2K | 10x | as long as short |
| Variational Omni T | −0.0310% | 4h | 0.005202 | −0.477% | $8K | $9K | — | as long as short |
| KuCoin TUSDTM | −0.0266% | 4h | 0.005221 | −0.106% | $1.4M | $76K | 12x | as long as short |
| Gate T_USDT | −0.0240% | 4h | 0.005219 | −0.144% | $215K | $78K | 20x | as long as short |
| Bitget TUSDT | −0.0222% | 4h | 0.005220 | −0.125% | $893K | $502K | 50x | as long as short |
| Binance TUSDTlong | −0.0205% | 4h | 0.005227 | long leg | $3.3M | $7.4M | 50x | |
| MEXC T_USDTshort | −0.0204% | 4h | 0.005228 | +0.028% | $3.2M | $204K | 20x | |
| Bybit TUSDT | −0.0004% | 4h | 0.005233 | +0.124% | $1.6M | $1.5M | 25x | as long as short |
Binance TUSDT
MEXC T_USDT
Kraken Futures PF_TUSD
Variational Omni T
KuCoin TUSDTM
Gate T_USDT
Bitget TUSDT
Bybit TUSDT