Funding you earn now, next payment 04:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.16 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against MEXC−0.077%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$660.656% of the position
Funding, last 7 days+0.015%+$1 on $10k
+Price spread, last 7 days+0.115%+$11 · spread now −0.077%, 7d avg −0.004%
=Funding pays, the price is against you. Binance is 0.073% cheaper against MEXC than usual: you would sell low and buy high (spread −0.077% now, against its 7-day average of −0.004%). If the spread goes back, that is −$7 on $10k: about 7.8 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.015% in total) that is about 35 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC VTHO_USDT | 0.0006907 | −0.3026 | get 0.1513% / 4h | 1h 40m | $1.7M | $210K | 20x |
| Short | Binance VTHOUSDT | 0.0006902 | −0.2995 | pay 0.1497% / 4h | 1h 40m | $5.1M | $14.6M | 50x |
Funding 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
- $6.52
- Price spread: −0.077% → −0.004%
- −$7.31
- Slippage, 4 orders
- −$51.62
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$66.4
- Costs to cover
- 0.656%
- Break-even
- 78.3 days
Slippage from MEXC: live order book, 6 min ago; Binance: live order book, 15 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, 6 min ago | 1.46 bp | 11.4 bp −$11 | 42.8 bp −$428 | 137.7 bp −$13.8K | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.73 bp | 17.5 bp −$18 | 62.4 bp −$624 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC VTHO_USDTlong | −0.3026% | 4h | 0.0006907 | long leg | $1.7M | $210K | 20x | |
| Binance VTHOUSDTshort | −0.2995% | 4h | 0.0006902 | −0.077% | $5.1M | $14.6M | 50x | |
| Bitget VTHOUSDT | −0.2688% | 4h | 0.0006898 | −0.130% | $1.2M | $1.5M | 50x | as long as short |
| BingX VTHO-USDT | −0.1952% | 4h | 0.0006908 | +0.014% | — | $1.4M | — | as long as short |
| Gate VTHO_USDT | −0.1918% | 4h | 0.0006904 | −0.043% | $371K | $431K | 25x | as long as short |
MEXC VTHO_USDT
Binance VTHOUSDT
Bitget VTHOUSDT
BingX VTHO-USDT
Gate VTHO_USDT