Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.069%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$890.888% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.052%−$5 · spread now +0.069%, 7d avg −0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.071% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC USUAL_USDT | 0.01396 | 0.0100 | pay 0.0050% / 4h | 51m 40s | $6.1M | $229K | 100x |
| Short | Binance USUALUSDT | 0.01397 | 0.0100 | get 0.0050% / 4h | 51m 40s | $2.3M | $3.2M | 50x |
MEXC USUAL_USDT
Binance USUALUSDTFunding 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: +0.069% → −0.001%
- $7.05
- Slippage, 4 orders
- −$74.85
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$81.8
- Costs to cover
- 0.888%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Binance: live order book, 14 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, 1 min ago | 2.15 bp | 14.4 bp −$14 | 176.9 bp −$1,769 | 846.2 bp −$84.6K | doesn't fit |
| Sell Binance live order book, 14 min ago | 4.29 bp | 26.8 bp −$27 | 135.5 bp −$1,355 | doesn't fit | doesn't fit |
USUAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.4543% | 1h | 0.01384 | −0.867% | $6K | $1K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0636% | 1h | 0.01397 | +0.047% | $112K | $20K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01398 | +0.136% | $401K | $173K | 3x | as long as short |
| Binance USUALUSDTshort | +0.0100% | 4h | 0.01397 | +0.069% | $2.3M | $3.2M | 50x | |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01399 | +0.179% | $1.1M | $753K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01399 | +0.208% | $946K | $105K | 50x | as long as short |
| MEXC USUAL_USDTlong | +0.0100% | 4h | 0.01396 | long leg | $6.1M | $229K | 100x | |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01398 | +0.136% | $275K | $55K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01398 | +0.136% | $829K | $378K | 50x | as long as short |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01398 | +0.122% | — | $1.2M | — | as long as short |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Bybit USUALUSDT
Gate USUAL_USDT
KuCoin USUALUSDTM
Bitget USUALUSDT
BingX USUAL-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01400 | +0.306% | $10K | $208 | — | as long as short |
Variational Omni USUAL