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: MEXC against Binance+0.007%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$740.736% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days−0.011%−$1 · spread now +0.007%, 7d avg −0.001%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WUSDT | 0.01188 | 0.0100 | pay 0.0050% / 4h | 2h 29m | $3.0M | $6.7M | 50x |
| Short | MEXC W_USDT | 0.01188 | 0.0100 | get 0.0050% / 4h | 2h 29m | $12.9M | $1.4M | 50x |
Binance WUSDT
MEXC W_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
- Price spread: +0.007% → −0.001%
- $0.8
- Slippage, 4 orders
- −$59.63
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$72.83
- Costs to cover
- 0.736%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; MEXC: live order book, 4 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, 9 min ago | 2.12 bp | 30.8 bp −$31 | 169.1 bp −$1,691 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.95 bp | 10.6 bp −$11 | 57.0 bp −$570 | 90.0 bp −$9,004 | 177.4 bp −$88.7K |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0339% | 1h | 0.01187 | −0.069% | $16K | $2K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +1.775% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01188 | +0.007% | $2.0M | $396K | 5x | as long as short |
| Binance WUSDTlong | +0.0100% | 4h | 0.01188 | long leg | $3.0M | $6.7M | 50x | |
| Bybit WUSDT | +0.0100% | 4h | 0.01186 | −0.127% | $4.1M | $1.9M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01188 | −0.026% | $1.3M | $1.9M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01186 | −0.178% | $448K | $264K | 75x | as long as short |
| MEXC W_USDTshort | +0.0100% | 4h | 0.01188 | +0.007% | $12.9M | $1.4M | 50x | |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01189 | +0.091% | $450K | $223K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01188 | +0.007% | $1.3M | $572K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Bybit WUSDT
OKX W-USDT-SWAP
Gate W_USDT
KuCoin WUSDTM
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01187 | −0.043% | — | $6.9M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01187 | −0.097% | $71K | $41K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01186 | −0.170% | $123K | $405K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01188 | −0.026% | $60K | $239K | 5x | as long as short |
| Backpack W_USDC_PERP | +0.0356% | 1h | 0.01190 | +0.150% | $44K | $47K | 15x | as long as short |
| Coinbase International W-PERP-INTX | +0.0360% | 1h | 0.01189 | +0.066% | $14K | $16K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.1528% | 1h | 0.01191 | +0.222% | $148K | $181K | 20x | as long as short |
BingX W-USDT
Variational Omni W
GRVT W_USDT_Perp
Extended W-USD
Backpack W_USDC_PERP
Coinbase International W-PERP-INTX
Kraken Futures PF_WUSD