Funding you earn now, next payment 01:00 UTC+0.2630%/8h= +288.0% APRpaid last 24h —
Price spread now: Deribit against MEXC+0.338%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$79 a day on $10k at the current rate, and Deribit is 0.338% dearer against MEXC than usual: you sell high and buy low: +$34 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TOWNS_USDT | 0.002072 | 0.0498 | pay 0.0249% / 4h | 3h 08m | $400K | $128K | 100x |
| Short | Deribit TOWNS_USDC-PERPETUAL | 0.002079 | 0.3128 | get 0.0391% / 1h | 8m 52s | — | — | 25x |
MEXC TOWNS_USDT
Deribit TOWNS_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $552.38
- Price spread: +0.338% → 0.000%
- $33.78
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $575.16
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 47 min ago; Deribit: no order-book sample. 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 MEXC live order book, 47 min ago | 2.43 bp | 15.4 bp −$15 | 96.5 bp −$965 | 229.3 bp −$22.9K | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 | +4.778% | $81K | $4K | 25x | as long as short |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002073 | +0.048% | $71K | $19K | 10x | as long as short |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002065 | −0.330% | $462 | $286 | — | as long as short |
| Bybit TOWNSUSDT | +0.0328% | 4h | 0.002072 | 0.000% | $371K | $112K | 5x | as long as short |
| Aster TOWNSUSDT | +0.0331% | 4h | 0.002072 | 0.000% | $10K | $6K | 5x | as long as short |
| BloFin TOWNS-USDT | +0.0465% | 4h | 0.002067 | −0.241% | $132K | $4K | 10x | as long as short |
| MEXC TOWNS_USDTlong | +0.0498% | 4h | 0.002072 | long leg | $400K | $128K | 100x | |
| Binance TOWNSUSDT | +0.0498% | 4h | 0.002073 | +0.048% | $2.0M | $1.3M | 10x | as long as short |
| BingX TOWNS-USDT | +0.0890% | 4h | 0.002074 | +0.097% | — | $2.3M | — | as long as short |
| Bitget TOWNSUSDT | +0.0920% | 4h | 0.002071 | −0.048% | $340K | $47K | 5x | as long as short |
Coinbase International TOWNS-PERP-INTX
Gate TOWNS_USDT
Variational Omni TOWNS
Bybit TOWNSUSDT
Aster TOWNSUSDT
BloFin TOWNS-USDT
Binance TOWNSUSDT
BingX TOWNS-USDT
Bitget TOWNSUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TOWNSUSDTM | +0.1126% | 4h | 0.002078 | +0.290% | $257K | $25K | 10x | as long as short |
| Deribit TOWNS_USDC-PERPETUALshort | +0.3128% | 1h | 0.002079 | +0.338% | — | — | 25x |
KuCoin TOWNSUSDTM