Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.02 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against MEXC+0.012%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$900.904% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.012%, 7d avg −0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC THE_USDT | 0.08151 | 0.0250 | pay 0.0125% / 4h | 2h 38m | $199K | $149K | 50x |
| Short | Binance THEUSDT | 0.08152 | 0.0246 | get 0.0123% / 4h | 2h 38m | $2.2M | $4.8M | 10x |
MEXC THE_USDT
Binance THEUSDTFunding 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
- −$0.94
- Price spread: +0.012% → −0.004%
- $1.65
- Slippage, 4 orders
- −$76.41
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$89.71
- Costs to cover
- 0.904%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 47 min ago; Binance: live order book, 14 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, 47 min ago | 1.22 bp | 10.7 bp −$11 | 75.5 bp −$755 | 438.2 bp −$43.8K | doesn't fit |
| Sell Binance live order book, 14 min ago | 3.03 bp | 30.8 bp −$31 | 250.1 bp −$2,501 | 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 | 0.08140 | −0.135% | $66K | $75K | 10x | as long as short |
| KuCoin THEUSDTM | +0.0100% | 4h | 0.08133 | −0.221% | $110K | $110K | 10x | as long as short |
| Bitget THEUSDT | +0.0100% | 4h | 0.08148 | −0.037% | $403K | $379K | 10x | as long as short |
| Aster THEUSDT | +0.0169% | 4h | 0.08150 | −0.017% | $5K | $12K | 5x | as long as short |
| Binance THEUSDTshort | +0.0246% | 4h | 0.08152 | +0.012% | $2.2M | $4.8M | 10x | |
| MEXC THE_USDTlong | +0.0250% | 4h | 0.08151 | long leg | $199K | $149K | 50x | |
| BloFin THE-USDT | +0.0281% | 4h | 0.08146 | −0.061% | $140K | $5K | 50x | as long as short |
| Bybit THEUSDT | +0.0794% | 4h | 0.08137 | −0.172% | $544K | $462K | 20x | as long as short |
| BingX THE-USDT | +0.0930% | 4h | 0.08147 | −0.049% | — | $6.5M | — | as long as short |
Gate THE_USDT
KuCoin THEUSDTM
Bitget THEUSDT
Aster THEUSDT
BloFin THE-USDT
Bybit THEUSDT
BingX THE-USDT