Funding you earn now, next payment 03:00 UTC−0.0716%/8h= −78.4% APRpaid last 24h −0.900%
Price spread now: MEXC against Coinbase International−0.193%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−5.540%−$554 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and MEXC is 0.193% cheaper against Coinbase International than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International TOWNS-PERP-INTX | 0.002074 | 0.0816 | pay 0.0102% / 1h | 45m 17s | $77K | $4K | 25x |
| Short | MEXC TOWNS_USDT | 0.002070 | 0.0100 | get 0.0050% / 4h | 45m 17s | $398K | $119K | 100x |
Coinbase International TOWNS-PERP-INTX
MEXC TOWNS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Coinbase International. 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
- −$150.36
- Price spread: −0.193% → 0.000%
- −$19.29
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$183.65
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; MEXC: live order book, 60 min ago. Net counts fees only.
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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 60 min ago | 2.41 bp | 10.9 bp −$11 | 86.5 bp −$865 | 231.0 bp −$23.1K | doesn't fit |
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.002068 | −0.284% | $10K | $6K | 5x | as long as short |
| Binance TOWNSUSDT | +0.0100% | 4h | 0.002071 | −0.145% | $2.0M | $1.3M | 10x | as long as short |
| Bybit TOWNSUSDT | +0.0100% | 4h | 0.002070 | −0.193% | $374K | $114K | 5x | as long as short |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002071 | −0.145% | $71K | $14K | 10x | as long as short |
| MEXC TOWNS_USDTshort | +0.0100% | 4h | 0.002070 | −0.193% | $398K | $119K | 100x | |
| KuCoin TOWNSUSDTM | +0.0100% | 4h | 0.002070 | −0.193% | $247K | $31K | 10x | as long as short |
| Bitget TOWNSUSDT | +0.0100% | 4h | 0.002073 | −0.048% | $339K | $43K | 5x | as long as short |
| BingX TOWNS-USDT | +0.0100% | 4h | 0.002069 | −0.241% | — | $2.3M | — | as long as short |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002071 | −0.163% | $194 | $553 | — | as long as short |
| BloFin TOWNS-USDT | +0.0122% | 4h | 0.002069 | −0.241% | $133K | $4K | 10x | as long as short |
Aster TOWNSUSDT
Binance 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-INTXlong | +0.0816% | 1h | 0.002074 | long leg | $77K | $4K | 25x | |
| Deribit TOWNS_USDC-PERPETUAL | +0.4104% | 1h | 0.002076 | +0.096% | — | — | 25x | as long as short |
Deribit TOWNS_USDC-PERPETUAL