Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against Binance−0.007%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1011.013% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.304%+$30 · spread now −0.007%, 7d avg −0.003%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TOWNSUSDT | 0.002041 | 0.0100 | pay 0.0050% / 4h | 2h 26m | $2.0M | $1.3M | 10x |
| Short | MEXC TOWNS_USDT | 0.002041 | 0.0100 | get 0.0050% / 4h | 2h 26m | $392K | $134K | 100x |
Binance TOWNSUSDT
MEXC TOWNS_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
- $0
- Price spread: −0.007% → −0.003%
- −$0.39
- Slippage, 4 orders
- −$87.25
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$101.64
- Costs to cover
- 1.013%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; MEXC: live order book, 56 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, 8 min ago | 2.46 bp | 30.1 bp −$30 | 453.7 bp −$4,537 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 56 min ago | 2.44 bp | 16.3 bp −$16 | 63.7 bp −$637 | 215.5 bp −$21.6K | doesn't fit |
TOWNS on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TOWNSUSDT | +0.0100% | 4h | 0.002037 | −0.218% | $10K | $6K | 5x | as long as short |
| Binance TOWNSUSDTlong | +0.0100% | 4h | 0.002041 | long leg | $2.0M | $1.3M | 10x | |
| Bybit TOWNSUSDT | +0.0100% | 4h | 0.002039 | −0.105% | $370K | $110K | 5x | as long as short |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002034 | −0.350% | $70K | $20K | 10x | as long as short |
| MEXC TOWNS_USDTshort | +0.0100% | 4h | 0.002041 | −0.007% | $392K | $134K | 100x | |
| KuCoin TOWNSUSDTM | +0.0100% | 4h | 0.002035 | −0.301% | $258K | $26K | 10x | as long as short |
| Bitget TOWNSUSDT | +0.0100% | 4h | 0.002039 | −0.105% | $335K | $51K | 5x | as long as short |
| BingX TOWNS-USDT | +0.0100% | 4h | 0.002039 | −0.105% | — | $2.3M | — | as long as short |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002027 | −0.673% | $189 | $18 | — | as long as short |
| BloFin TOWNS-USDT | +0.0127% | 4h | 0.002040 | −0.056% | $132K | $4K | 10x | as long as short |
Aster TOWNSUSDT
Bybit TOWNSUSDT
Gate TOWNS_USDT
KuCoin TOWNSUSDTM
Bitget TOWNSUSDT
BingX TOWNS-USDT
Variational Omni TOWNS
BloFin TOWNS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TOWNS-PERP-INTX | +0.2240% | 1h | 0.002031 | −0.497% | $76K | $5K | 25x | as long as short |
| Deribit TOWNS_USDC-PERPETUAL | +0.3180% | 1h | 0.002048 | +0.336% | — | — | 25x | as long as short |
Coinbase International TOWNS-PERP-INTX
Deribit TOWNS_USDC-PERPETUAL