Funding you earn now, next payment 12:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.060%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$830.829% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.205%+$20 · spread now −0.060%, 7d avg −0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.045% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance VELODROMEUSDT | 0.03055 | 0.0279 | pay 0.0139% / 4h | 3h 38m | $7.9M | $1.5M | 50x |
| Short | MEXC VELODROME_USDT | 0.03053 | 0.0276 | get 0.0138% / 4h | 3h 38m | $246K | $90K | 50x |
Binance VELODROMEUSDT
MEXC VELODROME_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
- −$0.57
- Price spread: −0.060% → −0.015%
- −$4.46
- Slippage, 4 orders
- −$68.89
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$87.93
- Costs to cover
- 0.829%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; MEXC: live order book, 41 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 | 1.65 bp | 25.0 bp −$25 | 205.1 bp −$2,051 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 41 min ago | 1.65 bp | 17.5 bp −$18 | 84.7 bp −$847 | 283.6 bp −$28.4K | 585.7 bp −$292.8K |
VELODROME 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit VELODROMEUSDT | +0.0100% | 4h | 0.03052 | −0.086% | $831K | $407K | 20x | as long as short |
| Variational Omni VELODROME | +0.0100% | 4h | 0.03052 | −0.107% | $72K | $11K | — | as long as short |
| Bitget VELODROMEUSDT | +0.0112% | 4h | 0.03056 | +0.039% | $542K | $24K | 20x | as long as short |
| MEXC VELODROME_USDTshort | +0.0276% | 4h | 0.03053 | −0.060% | $246K | $90K | 50x | |
| BingX VELODROME-USDT | +0.0276% | 4h | 0.03053 | −0.060% | — | $1.2M | — | as long as short |
| Binance VELODROMEUSDTlong | +0.0279% | 4h | 0.03055 | long leg | $7.9M | $1.5M | 50x | |
| Gate VELODROME_USDT | +0.0408% | 4h | 0.03054 | −0.027% | $129K | $8K | 20x | as long as short |
Bybit VELODROMEUSDT
Variational Omni VELODROME
Bitget VELODROMEUSDT
BingX VELODROME-USDT
Gate VELODROME_USDT