Funding you earn now, next payment 04:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against MEXC+0.075%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1261.260% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.075%, 7d avg +0.039%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.036% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TST_USDT | 0.01638 | 0.1158 | pay 0.0579% / 4h | 3h 39m | $464K | $154K | 50x |
| Short | Binance TSTUSDT | 0.01639 | 0.1159 | get 0.0579% / 4h | 3h 39m | $3.0M | $4.3M | 20x |
MEXC TST_USDT
Binance TSTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0.18
- Price spread: +0.075% → +0.039%
- $3.59
- Slippage, 4 orders
- −$112.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$122.25
- Costs to cover
- 1.260%
- Break-even
- 4745.4 days
Slippage from MEXC: live order book, 25 min ago; Binance: live order book, 13 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 MEXC live order book, 25 min ago | 3.04 bp | 23.5 bp −$24 | 117.5 bp −$1,175 | 376.2 bp −$37.6K | 674.3 bp −$337.1K |
| Sell Binance live order book, 13 min ago | 6.10 bp | 41.0 bp −$41 | 185.8 bp −$1,858 | doesn't fit | doesn't fit |
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 | +0.0725% | 4h | 0.01638 | −0.030% | $14K | $10K | 5x | as long as short |
| BingX TST-USDT | +0.1096% | 4h | 0.01641 | +0.183% | — | $1.3M | — | as long as short |
| MEXC TST_USDTlong | +0.1158% | 4h | 0.01638 | long leg | $464K | $154K | 50x | |
| Binance TSTUSDTshort | +0.1159% | 4h | 0.01639 | +0.075% | $3.0M | $4.3M | 20x | |
| Extended TST-USD | +0.1160% | 1h | 0.01638 | +0.008% | $9K | $163K | 5x | as long as short |
Aster TSTUSDT
BingX TST-USDT
Extended TST-USD