Funding you earn now, next payment 01:00 UTC−0.3119%/8h= −341.5% APRpaid last 24h —
Price spread now: MEXC against Deribit−0.289%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—no history yet
+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 −$94 a day on $10k at the current rate, and MEXC is 0.289% cheaper against Deribit than usual: you would sell low and buy high (−$29 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 | Deribit TOWNS_USDC-PERPETUAL | 0.002078 | 0.3615 | pay 0.0452% / 1h | 10m 08s | — | — | 25x |
| Short | MEXC TOWNS_USDT | 0.002072 | 0.0496 | get 0.0248% / 4h | 3h 10m | $400K | $128K | 100x |
Deribit TOWNS_USDC-PERPETUAL
MEXC TOWNS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Deribit. 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
- −$654.93
- Price spread: −0.289% → 0.000%
- −$28.87
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$694.81
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; MEXC: live order book, 45 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 Deribit no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 45 min ago | 2.43 bp | 12.9 bp −$13 | 63.7 bp −$637 | 217.8 bp −$21.8K | doesn't fit |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TOWNS-PERP-INTX | −0.1416% | 1h | 0.002171 | +4.475% | $81K | $4K | 25x | as long as short |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002075 | −0.144% | $71K | $19K | 10x | as long as short |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002065 | −0.618% | $462 | $286 | — | as long as short |
| Aster TOWNSUSDT | +0.0321% | 4h | 0.002072 | −0.289% | $10K | $6K | 5x | as long as short |
| Bybit TOWNSUSDT | +0.0383% | 4h | 0.002073 | −0.241% | $371K | $112K | 5x | as long as short |
| MEXC TOWNS_USDTshort | +0.0496% | 4h | 0.002072 | −0.289% | $400K | $128K | 100x | |
| Binance TOWNSUSDT | +0.0498% | 4h | 0.002070 | −0.385% | $2.0M | $1.3M | 10x | as long as short |
| BloFin TOWNS-USDT | +0.0512% | 4h | 0.002067 | −0.529% | $132K | $4K | 10x | as long as short |
| BingX TOWNS-USDT | +0.0890% | 4h | 0.002074 | −0.192% | — | $2.3M | — | as long as short |
| Bitget TOWNSUSDT | +0.0928% | 4h | 0.002071 | −0.337% | $340K | $47K | 5x | as long as short |
Coinbase International TOWNS-PERP-INTX
Gate TOWNS_USDT
Variational Omni TOWNS
Aster TOWNSUSDT
Bybit TOWNSUSDT
Binance TOWNSUSDT
BloFin TOWNS-USDT
BingX TOWNS-USDT
Bitget TOWNSUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TOWNSUSDTM | +0.1136% | 4h | 0.002079 | +0.048% | $258K | $25K | 10x | as long as short |
| Deribit TOWNS_USDC-PERPETUALlong | +0.3615% | 1h | 0.002078 | long leg | — | — | 25x |
KuCoin TOWNSUSDTM