Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: MEXC against Extended+0.026%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1511.508% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.026%, 7d avg +0.022%
=Together, before fees−0.006%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended W-USD | 0.01182 | 0.0104 | pay 0.0013% / 1h | 5m 44s | $59K | $228K | 5x |
| Short | MEXC W_USDT | 0.01182 | 0.0100 | get 0.0050% / 4h | 5m 44s | $12.8M | $1.5M | 50x |
Extended W-USD
MEXC W_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Extended. 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
- −$0.84
- Price spread: +0.026% → +0.022%
- $0.37
- Slippage, 4 orders
- −$141.77
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$151.25
- Costs to cover
- 1.508%
- Break-even
- never at this rate
Slippage from Extended: 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 Extended live order book, 6 min ago | 2.12 bp | 104.1 bp −$104 | 419.1 bp −$4,191 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.54 bp | 7.6 bp −$8 | 53.7 bp −$537 | 94.2 bp −$9,420 | 184.6 bp −$92.3K |
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 | −0.0004% | 1h | 0.01181 | −0.092% | $17K | $1K | 10x | as long as short |
| OKX W-USDT-SWAP | +0.0028% | 4h | 0.01181 | −0.075% | $1.3M | $2.0M | 20x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.285% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01183 | +0.085% | $2.0M | $416K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01182 | +0.021% | $3.0M | $6.8M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01180 | −0.168% | $4.1M | $1.9M | 50x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01180 | −0.177% | $445K | $291K | 75x | as long as short |
| MEXC W_USDTshort | +0.0100% | 4h | 0.01182 | +0.026% | $12.8M | $1.5M | 50x | |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01182 | +0.001% | $465K | $215K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01182 | +0.001% | $1.3M | $571K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
OKX W-USDT-SWAP
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
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 | 0.01181 | −0.092% | — | $6.9M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01179 | −0.288% | $71K | $42K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01182 | +0.031% | $127K | $377K | 10x | as long as short |
| Extended W-USDlong | +0.0104% | 1h | 0.01182 | long leg | $59K | $228K | 5x | |
| Coinbase International W-PERP-INTX | +0.0248% | 1h | 0.01183 | +0.077% | $14K | $16K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.0484% | 1h | 0.01182 | +0.018% | $44K | $46K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.0718% | 1h | 0.01184 | +0.145% | $147K | $181K | 20x | as long as short |
BingX W-USDT
Variational Omni W
GRVT W_USDT_Perp
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD