Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.001%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$180.181% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.001%$0 · spread now −0.001%, 7d avg 0.000%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance USDCUSDT | 0.9995 | −0.0132 | get 0.0132% / 8h | 27m 45s | $4.4M | $3.6M | 50x |
| Short | MEXC USDC_USDT | 0.9994 | −0.0132 | pay 0.0132% / 8h | 27m 45s | $18.0M | $427K | 200x |
Binance USDCUSDT
MEXC USDC_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
- $0.07
- Price spread: −0.001% → 0.000%
- −$0.08
- Slippage, 4 orders
- −$0.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$18.12
- Costs to cover
- 0.181%
- Break-even
- 1783.3 days
Slippage from Binance: live order book, 9 min ago; MEXC: live order book, 1 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, 9 min ago | 0.00 bp | 5.0 bp −$5 | 5.0 bp −$50 | 8.9 bp −$895 | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.05 bp | 4.1 bp −$4 | 4.1 bp −$41 | 4.1 bp −$411 | 4.6 bp −$2,289 |
USDC on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance USDCUSDTlong | −0.0132% | 8h | 0.9995 | long leg | $4.4M | $3.6M | 50x | |
| MEXC USDC_USDTshort | −0.0132% | 8h | 0.9994 | −0.001% | $18.0M | $427K | 200x | |
| Bitget USDCUSDT | −0.0126% | 8h | 0.9994 | −0.006% | $4.3M | $17K | 50x | as long as short |
| Kraken Futures PF_USDCUSD | −0.0067% | 1h | 0.9997 | +0.029% | $14K | $928 | 50x | as long as short |
| KuCoin USDCUSDTM | −0.0035% | 8h | 0.9990 | −0.042% | $2.5M | $19K | 30x | as long as short |
| Bybit USDCUSDT | 0.0000% | 8h | 1.0001 | +0.064% | $9.5M | $349K | 50x | as long as short |
| OKX USDC-USDT-SWAP | 0.0000% | 8h | 1.0000 | +0.052% | $1.1M | $42K | 50x | as long as short |
| Gate USDC_USDT | +0.0093% | 8h | 0.9995 | +0.004% | $253K | $19K | 50x | as long as short |
Bitget USDCUSDT
Kraken Futures PF_USDCUSD
KuCoin USDCUSDTM
Bybit USDCUSDT
OKX USDC-USDT-SWAP
Gate USDC_USDT