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−0.034%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$810.809% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.034%, 7d avg +0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.048% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC VELODROME_USDT | 0.02985 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $240K | $92K | 50x |
| Short | Binance VELODROMEUSDT | 0.02984 | 0.0100 | get 0.0050% / 4h | 2h 21m | $7.7M | $1.5M | 50x |
MEXC VELODROME_USDT
Binance VELODROMEUSDTFunding 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: −0.034% → +0.014%
- −$4.78
- Slippage, 4 orders
- −$66.91
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$85.69
- Costs to cover
- 0.809%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 28 min ago; Binance: live order book, 2 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, 28 min ago | 1.67 bp | 15.7 bp −$16 | 63.9 bp −$639 | 278.0 bp −$27.8K | 574.1 bp −$287.1K |
| Sell Binance live order book, 2 min ago | 1.67 bp | 26.3 bp −$26 | 169.1 bp −$1,691 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance VELODROMEUSDTshort | +0.0100% | 4h | 0.02984 | −0.034% | $7.7M | $1.5M | 50x | |
| Bybit VELODROMEUSDT | +0.0100% | 4h | 0.02981 | −0.134% | $798K | $356K | 20x | as long as short |
| Gate VELODROME_USDT | +0.0100% | 4h | 0.02992 | +0.235% | $124K | $6K | 20x | as long as short |
| MEXC VELODROME_USDTlong | +0.0100% | 4h | 0.02985 | long leg | $240K | $92K | 50x | |
| Bitget VELODROMEUSDT | +0.0100% | 4h | 0.02983 | −0.057% | $530K | $24K | 20x | as long as short |
| BingX VELODROME-USDT | +0.0100% | 4h | 0.02986 | +0.034% | — | $1.2M | — | as long as short |
| Variational Omni VELODROME | +0.0100% | 4h | 0.02984 | −0.020% | $78K | $3K | — | as long as short |
Bybit VELODROMEUSDT
Gate VELODROME_USDT
Bitget VELODROMEUSDT
BingX VELODROME-USDT
Variational Omni VELODROME