Funding you earn now, next payment 04:00 UTC−0.0005%/8h= −0.6% APRnext payment −$0.03 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against Binance−0.091%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1231.228% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.091%, 7d avg −0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.051% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TSTUSDT | 0.01617 | 0.0673 | pay 0.0337% / 4h | 48m 45s | $2.9M | $4.5M | 20x |
| Short | MEXC TST_USDT | 0.01616 | 0.0668 | get 0.0334% / 4h | 48m 45s | $455K | $154K | 50x |
Binance TSTUSDT
MEXC TST_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
- −$1.06
- Price spread: −0.091% → −0.040%
- −$5.07
- Slippage, 4 orders
- −$108.83
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$128.97
- Costs to cover
- 1.228%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; MEXC: live order book, 62 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, 3 min ago | 3.09 bp | 32.1 bp −$32 | 209.6 bp −$2,096 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 62 min ago | 3.09 bp | 23.0 bp −$23 | 143.7 bp −$1,437 | 367.5 bp −$36.7K | 635.2 bp −$317.6K |
TST on 5 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 TSTUSDT | +0.0332% | 4h | 0.01617 | −0.035% | $14K | $9K | 5x | as long as short |
| BingX TST-USDT | +0.0654% | 4h | 0.01618 | +0.033% | — | $1.3M | — | as long as short |
| MEXC TST_USDTshort | +0.0668% | 4h | 0.01616 | −0.091% | $455K | $154K | 50x | |
| Extended TST-USD | +0.0672% | 1h | 0.01616 | −0.118% | $6K | $116K | 5x | as long as short |
| Binance TSTUSDTlong | +0.0673% | 4h | 0.01617 | long leg | $2.9M | $4.5M | 20x |
Aster TSTUSDT
BingX TST-USDT
Extended TST-USD