Funding you earn now, next payment 00:00 UTC−0.0015%/8h= −1.6% APRnext payment −$0.07 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC0.000%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$530.534% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days+0.015%+$2 · spread now 0.000%, 7d avg +0.013%
=The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC T_USDT | 0.005152 | −0.0254 | get 0.0127% / 4h | 2h 35m | $3.1M | $279K | 20x |
| Short | Binance TUSDT | 0.005152 | −0.0269 | pay 0.0134% / 4h | 2h 35m | $3.2M | $10.3M | 50x |
Funding 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
- −$3.06
- Price spread: 0.000% → +0.013%
- −$1.29
- Slippage, 4 orders
- −$39.43
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$57.78
- Costs to cover
- 0.534%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Binance: live order book, 5 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, 2 min ago | 0.97 bp | 8.6 bp −$9 | 23.2 bp −$232 | 120.6 bp −$12.1K | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.97 bp | 16.4 bp −$16 | 43.6 bp −$436 | doesn't fit | 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 | −0.4152% | 1h | 0.005147 | −0.097% | $2K | $2K | 10x | as long as short |
| Gate T_USDT | −0.1382% | 4h | 0.005157 | +0.097% | $214K | $120K | 20x | as long as short |
| Bybit TUSDT | −0.0952% | 4h | 0.005151 | −0.019% | $1.6M | $2.2M | 25x | as long as short |
| Variational Omni T | −0.0631% | 4h | 0.005152 | −0.003% | $7K | $13K | — | as long as short |
| KuCoin TUSDTM | −0.0620% | 4h | 0.005155 | +0.058% | $1.3M | $109K | 12x | as long as short |
| Bitget TUSDT | −0.0478% | 4h | 0.005147 | −0.097% | $886K | $777K | 50x | as long as short |
| Binance TUSDTshort | −0.0269% | 4h | 0.005152 | 0.000% | $3.2M | $10.3M | 50x | |
| MEXC T_USDTlong | −0.0254% | 4h | 0.005152 | long leg | $3.1M | $279K | 20x |
MEXC T_USDT
Binance TUSDT
Kraken Futures PF_TUSD
Gate T_USDT
Bybit TUSDT
Variational Omni T
KuCoin TUSDTM
Bitget TUSDT