Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−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 | MEXC USDC_USDT | 0.9996 | −0.0144 | get 0.0144% / 8h | 4h 03m | $20.8M | $744K | 200x |
| Short | Binance USDCUSDT | 0.9996 | −0.0144 | pay 0.0144% / 8h | 4h 03m | $4.7M | $4.5M | 50x |
MEXC USDC_USDT
Binance USDCUSDTFunding 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
- −$0.05
- Price spread: −0.001% → 0.000%
- −$0.13
- Slippage, 4 orders
- −$0.11
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$18.3
- Costs to cover
- 0.181%
- Break-even
- never at this rate
Slippage from MEXC: live order book, just now; Binance: 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 MEXC live order book, just now | 0.05 bp | 4.1 bp −$4 | 4.1 bp −$41 | 4.1 bp −$414 | 4.7 bp −$2,326 |
| Sell Binance live order book, 4 min ago | 0.00 bp | 5.0 bp −$5 | 5.0 bp −$50 | 5.6 bp −$559 | doesn't fit |
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 USDCUSDTshort | −0.0144% | 8h | 0.9996 | −0.001% | $4.7M | $4.5M | 50x | |
| MEXC USDC_USDTlong | −0.0144% | 8h | 0.9996 | long leg | $20.8M | $744K | 200x | |
| KuCoin USDCUSDTM | −0.0141% | 8h | 0.9994 | −0.018% | $2.5M | $20K | 30x | as long as short |
| Bitget USDCUSDT | −0.0131% | 8h | 0.9996 | +0.002% | $4.3M | $16K | 50x | as long as short |
| Kraken Futures PF_USDCUSD | −0.0097% | 1h | 0.9998 | +0.017% | $14K | $924 | 50x | as long as short |
| Bybit USDCUSDT | 0.0000% | 8h | 1.0001 | +0.052% | $9.5M | $347K | 50x | as long as short |
| OKX USDC-USDT-SWAP | 0.0000% | 8h | 1.0000 | +0.041% | $1.1M | $42K | 50x | as long as short |
| Gate USDC_USDT | +0.0049% | 8h | 0.9992 | −0.038% | $253K | $40K | 50x | as long as short |
KuCoin USDCUSDTM
Bitget USDCUSDT
Kraken Futures PF_USDCUSD
Bybit USDCUSDT
OKX USDC-USDT-SWAP
Gate USDC_USDT