Settings8H · net · $10k
Funding arb · Price arb /

T

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.016%+$2 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC T_USDT0.005152−0.0254get 0.0127% / 4h2h 35m$3.1M$279K20x
ShortBinance TUSDT0.005152−0.0269pay 0.0134% / 4h2h 35m$3.2M$10.3M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 2 min ago0.97 bp8.6 bp −$923.2 bp −$232120.6 bp −$12.1Kdoesn't fit
Sell Binance live order book, 5 min ago0.97 bp16.4 bp −$1643.6 bp −$436doesn't fitdoesn't fit

T on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TUSD−0.4152%1h0.005147−0.097%$2K$2K10xas long as short
Gate T_USDT−0.1382%4h0.005157+0.097%$214K$120K20xas long as short
Bybit TUSDT−0.0952%4h0.005151−0.019%$1.6M$2.2M25xas long as short
Variational Omni T−0.0631%4h0.005152−0.003%$7K$13Kas long as short
KuCoin TUSDTM−0.0620%4h0.005155+0.058%$1.3M$109K12xas long as short
Bitget TUSDT−0.0478%4h0.005147−0.097%$886K$777K50xas long as short
Binance TUSDTshort−0.0269%4h0.0051520.000%$3.2M$10.3M50x
MEXC T_USDTlong−0.0254%4h0.005152long leg$3.1M$279K20x