Funding you earn now, next payment 04:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.05 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Binance−0.003%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1021.022% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.003%, 7d avg +0.004%
=The price spread sits at its 7-day average of +0.004%, 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 | Binance THEUSDT | 0.08254 | 0.0405 | pay 0.0203% / 4h | 27m 04s | $2.2M | $4.8M | 10x |
| Short | MEXC THE_USDT | 0.08254 | 0.0416 | get 0.0208% / 4h | 27m 04s | $194K | $144K | 50x |
Binance THEUSDT
MEXC THE_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
- $2.29
- Price spread: −0.003% → +0.004%
- −$0.78
- Slippage, 4 orders
- −$88.24
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$100.72
- Costs to cover
- 1.022%
- Break-even
- 314.5 days
Slippage from Binance: live order book, 10 min ago; MEXC: live order book, 3 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, 10 min ago | 1.21 bp | 27.3 bp −$27 | 266.2 bp −$2,662 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.42 bp | 15.7 bp −$16 | 68.2 bp −$682 | doesn't fit | doesn't fit |
THE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate THE_USDT | +0.0100% | 4h | 0.08270 | +0.191% | $66K | $77K | 10x | as long as short |
| KuCoin THEUSDTM | +0.0100% | 4h | 0.08261 | +0.081% | $115K | $108K | 10x | as long as short |
| Bitget THEUSDT | +0.0100% | 4h | 0.08250 | −0.052% | $444K | $373K | 10x | as long as short |
| Aster THEUSDT | +0.0400% | 4h | 0.08268 | +0.162% | $5K | $12K | 5x | as long as short |
| Binance THEUSDTlong | +0.0405% | 4h | 0.08254 | long leg | $2.2M | $4.8M | 10x | |
| MEXC THE_USDTshort | +0.0416% | 4h | 0.08254 | −0.003% | $194K | $144K | 50x | |
| BloFin THE-USDT | +0.0435% | 4h | 0.08267 | +0.154% | $143K | $5K | 50x | as long as short |
| BingX THE-USDT | +0.0772% | 4h | 0.08258 | +0.045% | — | $6.5M | — | as long as short |
| Bybit THEUSDT | +0.0778% | 4h | 0.08244 | −0.124% | $551K | $449K | 20x | as long as short |
Gate THE_USDT
KuCoin THEUSDTM
Bitget THEUSDT
Aster THEUSDT
BloFin THE-USDT
BingX THE-USDT
Bybit THEUSDT