Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against MEXC−0.006%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$840.836% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now −0.006%, 7d avg −0.009%
=The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC US_USDT | 0.01630 | 0.0366 | pay 0.0183% / 4h | 2h 39m | $5.5M | $113K | 100x |
| Short | Binance USUSDT | 0.01630 | 0.0382 | get 0.0191% / 4h | 2h 39m | $9.1M | $3.2M | 10x |
Funding 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
- $3.43
- Price spread: −0.006% → −0.009%
- $0.24
- Slippage, 4 orders
- −$69.61
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$79.93
- Costs to cover
- 0.836%
- Break-even
- 170.1 days
Slippage from MEXC: live order book, 3 min ago; Binance: live order book, 15 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, 3 min ago | 1.23 bp | 20.7 bp −$21 | 68.0 bp −$680 | 510.2 bp −$51.0K | doesn't fit |
| Sell Binance live order book, 15 min ago | 3.37 bp | 10.2 bp −$10 | 23.7 bp −$237 | doesn't fit | 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 | 0.01631 | +0.043% | $3.2M | $933K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01629 | −0.092% | $2.0M | $592K | 20x | as long as short |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01616 | −0.834% | $4.0M | $375K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01632 | +0.101% | $16K | $3K | — | as long as short |
| Aster USUSDT | +0.0267% | 4h | 0.01628 | −0.124% | $12K | $54K | 5x | as long as short |
| BingX US-USDT | +0.0352% | 4h | 0.01630 | +0.018% | — | $1.3M | — | as long as short |
| Bitget USUSDT | +0.0358% | 4h | 0.01630 | 0.000% | $4.3M | $259K | 10x | as long as short |
| MEXC US_USDTlong | +0.0366% | 4h | 0.01630 | long leg | $5.5M | $113K | 100x | |
| Extended US-USD | +0.0368% | 1h | 0.01630 | −0.032% | $4K | $166K | 5x | as long as short |
| Binance USUSDTshort | +0.0382% | 4h | 0.01630 | −0.006% | $9.1M | $3.2M | 10x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin US-USDT | +0.0388% | 4h | 0.01630 | −0.012% | $480K | $49K | 10x | as long as short |
MEXC US_USDT
Binance USUSDT
Bybit USUSDT
Gate US_USDT
KuCoin USUSDTM
Variational Omni US
Aster USUSDT
BingX US-USDT
Bitget USUSDT
Extended US-USD
BloFin US-USDT