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: Binance against MEXC−0.017%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$910.906% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.017%, 7d avg −0.005%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC USTC_USDT | 0.005867 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $580K | $172K | 100x |
| Short | Binance USTCUSDT | 0.005866 | 0.0100 | get 0.0050% / 4h | 1h 43m | $1.2M | $2.8M | 50x |
MEXC USTC_USDT
Binance USTCUSDTFunding 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
- Price spread: −0.017% → −0.005%
- −$1.24
- Slippage, 4 orders
- −$76.63
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$91.87
- Costs to cover
- 0.906%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 31 min ago; Binance: live order book, 7 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, 31 min ago | 4.27 bp | 13.6 bp −$14 | 77.4 bp −$774 | 454.7 bp −$45.5K | doesn't fit |
| Sell Binance live order book, 7 min ago | 3.42 bp | 33.0 bp −$33 | 106.7 bp −$1,067 | doesn't fit | 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 USTCUSDTshort | +0.0100% | 4h | 0.005866 | −0.017% | $1.2M | $2.8M | 50x | |
| Bybit USTCUSDT | +0.0100% | 4h | 0.005870 | +0.051% | $366K | $251K | 20x | as long as short |
| Gate USTC_USDT | +0.0100% | 4h | 0.005866 | −0.017% | $70K | $81K | 25x | as long as short |
| MEXC USTC_USDTlong | +0.0100% | 4h | 0.005867 | long leg | $580K | $172K | 100x | |
| KuCoin USTCUSDTM | +0.0100% | 4h | 0.005857 | −0.168% | $517K | $56K | 30x | as long as short |
| Bitget USTCUSDT | +0.0100% | 4h | 0.005870 | +0.051% | $223K | $130K | 50x | as long as short |
| Variational Omni USTC | +0.0100% | 4h | 0.005858 | −0.146% | $3K | $2K | — | as long as short |
Bybit USTCUSDT
Gate USTC_USDT
KuCoin USTCUSDTM
Bitget USTCUSDT
Variational Omni USTC