Funding you earn now, next payment 00:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.11 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against Binance−0.037%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1581.578% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 7 days+0.002%$0 · spread now −0.037%, 7d avg +0.007%
=Funding pays, the price is against you. MEXC is 0.044% cheaper against Binance than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of +0.007%). If the spread goes back, that is −$4 on $10k: about 6.4 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance USUSDT | 0.01642 | 0.0835 | pay 0.0418% / 4h | 7m 49s | $9.2M | $3.2M | 10x |
| Short | MEXC US_USDT | 0.01642 | 0.0858 | get 0.0429% / 4h | 7m 49s | $5.5M | $116K | 100x |
Binance USUSDT
MEXC US_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
- $4.79
- Price spread: −0.037% → +0.007%
- −$4.37
- Slippage, 4 orders
- −$143.76
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$157.33
- Costs to cover
- 1.578%
- Break-even
- 236.8 days
Slippage from Binance: live order book, 2 min ago; MEXC: live order book, 4 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, 2 min ago | 0.91 bp | 56.6 bp −$57 | 363.9 bp −$3,639 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.74 bp | 28.0 bp −$28 | 60.1 bp −$601 | 329.7 bp −$33.0K | doesn't fit |
US on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit USUSDT | +0.0100% | 4h | 0.01642 | −0.018% | $3.2M | $868K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01640 | −0.110% | $2.1M | $563K | 20x | as long as short |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01641 | −0.049% | $4.2M | $279K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01643 | +0.058% | $16K | $3K | — | as long as short |
| Bitget USUSDT | +0.0526% | 4h | 0.01644 | +0.116% | $4.3M | $254K | 10x | as long as short |
| Aster USUSDT | +0.0744% | 4h | 0.01641 | −0.084% | $12K | $55K | 5x | as long as short |
| Binance USUSDTlong | +0.0835% | 4h | 0.01642 | long leg | $9.2M | $3.2M | 10x | |
| BingX US-USDT | +0.0843% | 4h | 0.01642 | +0.006% | — | $1.3M | — | as long as short |
| Extended US-USD | +0.0848% | 1h | 0.01641 | −0.057% | $4K | $141K | 5x | as long as short |
| MEXC US_USDTshort | +0.0858% | 4h | 0.01642 | −0.037% | $5.5M | $116K | 100x |
Bybit USUSDT
Gate US_USDT
KuCoin USUSDTM
Variational Omni US
Bitget USUSDT
Aster USUSDT
BingX US-USDT
Extended US-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin US-USDT | +0.0893% | 4h | 0.01641 | −0.104% | $477K | $49K | 10x | as long as short |
BloFin US-USDT