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+0.017%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$800.801% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.017%, 7d avg +0.005%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance USTCUSDT | 0.005849 | 0.0100 | pay 0.0050% / 4h | 2h 35m | $1.2M | $2.8M | 50x |
| Short | MEXC USTC_USDT | 0.005850 | 0.0100 | get 0.0050% / 4h | 2h 35m | $585K | $176K | 100x |
Binance USTCUSDT
MEXC USTC_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
- Price spread: +0.017% → +0.005%
- $1.25
- Slippage, 4 orders
- −$66.15
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$78.9
- Costs to cover
- 0.801%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; MEXC: live order book, 47 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, 15 min ago | 3.42 bp | 25.4 bp −$25 | 140.2 bp −$1,402 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 47 min ago | 0.85 bp | 6.1 bp −$6 | 63.6 bp −$636 | 281.4 bp −$28.1K | doesn't fit |
USTC on 7 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 USTCUSDTlong | +0.0100% | 4h | 0.005849 | long leg | $1.2M | $2.8M | 50x | |
| Bybit USTCUSDT | +0.0100% | 4h | 0.005853 | +0.068% | $365K | $255K | 20x | as long as short |
| Gate USTC_USDT | +0.0100% | 4h | 0.005844 | −0.085% | $70K | $81K | 25x | as long as short |
| MEXC USTC_USDTshort | +0.0100% | 4h | 0.005850 | +0.017% | $585K | $176K | 100x | |
| KuCoin USTCUSDTM | +0.0100% | 4h | 0.005844 | −0.091% | $516K | $56K | 30x | as long as short |
| Bitget USTCUSDT | +0.0100% | 4h | 0.005851 | +0.034% | $223K | $132K | 50x | as long as short |
| Variational Omni USTC | +0.0100% | 4h | 0.005846 | −0.051% | $3K | $2K | — | as long as short |
Bybit USTCUSDT
Gate USTC_USDT
KuCoin USTCUSDTM
Bitget USTCUSDT
Variational Omni USTC