Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.3% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Binance−0.035%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$560.556% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 7 days−0.004%$0 · spread now −0.035%, 7d avg +0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.040% 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 +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance VTHOUSDT | 0.0006763 | −0.0938 | get 0.0469% / 4h | 2h 18m | $4.9M | $14.5M | 50x |
| Short | MEXC VTHO_USDT | 0.0006761 | −0.0940 | pay 0.0470% / 4h | 2h 18m | $1.7M | $216K | 20x |
Binance VTHOUSDT
MEXC VTHO_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
- −$0.5
- Price spread: −0.035% → +0.004%
- −$3.99
- Slippage, 4 orders
- −$41.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$60.04
- Costs to cover
- 0.556%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; MEXC: live order book, 3 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, 6 min ago | 1.49 bp | 15.0 bp −$15 | 61.7 bp −$617 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.97 bp | 12.5 bp −$12 | 42.6 bp −$426 | 125.3 bp −$12.5K | doesn't fit |
VTHO on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate VTHO_USDT | −0.2044% | 4h | 0.0006763 | −0.006% | $341K | $523K | 25x | as long as short |
| MEXC VTHO_USDTshort | −0.0940% | 4h | 0.0006761 | −0.035% | $1.7M | $216K | 20x | |
| Binance VTHOUSDTlong | −0.0938% | 4h | 0.0006763 | long leg | $4.9M | $14.5M | 50x | |
| BingX VTHO-USDT | −0.0890% | 4h | 0.0006761 | −0.035% | — | $1.4M | — | as long as short |
| Bitget VTHOUSDT | −0.0554% | 4h | 0.0006759 | −0.065% | $1.2M | $1.4M | 50x | as long as short |
Gate VTHO_USDT
BingX VTHO-USDT
Bitget VTHOUSDT