Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.006%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$680.678% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.015%+$1 · spread now +0.006%, 7d avg +0.001%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WALUSDT | 0.03391 | 0.0100 | pay 0.0050% / 4h | 28m 30s | $2.2M | $6.2M | 75x |
| Short | MEXC WAL_USDT | 0.03391 | 0.0100 | get 0.0050% / 4h | 28m 30s | $557K | $269K | 20x |
Binance WALUSDT
MEXC WAL_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: +0.006% → +0.001%
- $0.52
- Slippage, 4 orders
- −$53.83
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$67.31
- Costs to cover
- 0.678%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; MEXC: live order book, 41 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, 10 min ago | 2.94 bp | 24.3 bp −$24 | 102.4 bp −$1,024 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 41 min ago | 1.48 bp | 8.8 bp −$9 | 54.8 bp −$548 | 278.5 bp −$27.8K | doesn't fit |
WAL on 10 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 WALUSDTlong | +0.0100% | 4h | 0.03391 | long leg | $2.2M | $6.2M | 75x | |
| Bybit WALUSDT | +0.0100% | 4h | 0.03393 | +0.065% | $1.3M | $1.5M | 25x | as long as short |
| OKX WAL-USDT-SWAP | +0.0100% | 4h | 0.03390 | −0.023% | $217K | $827K | 10x | as long as short |
| Gate WAL_USDT | +0.0100% | 4h | 0.03390 | −0.023% | $292K | $409K | 50x | as long as short |
| MEXC WAL_USDTshort | +0.0100% | 4h | 0.03391 | +0.006% | $557K | $269K | 20x | |
| KuCoin WALUSDTM | +0.0100% | 4h | 0.03394 | +0.095% | $338K | $72K | 30x | as long as short |
| Bitget WALUSDT | +0.0100% | 4h | 0.03394 | +0.095% | $562K | $840K | 20x | as long as short |
| BingX WAL-USDT | +0.0100% | 4h | 0.03392 | +0.036% | — | $6.6M | — | as long as short |
| Variational Omni WAL | +0.0100% | 4h | 0.03395 | +0.113% | $20K | $7K | — | as long as short |
| Bluefin WAL-PERP | +0.0292% | 1h | 0.03397 | +0.183% | $32K | $755K | 20x | as long as short |
Bybit WALUSDT
OKX WAL-USDT-SWAP
Gate WAL_USDT
KuCoin WALUSDTM
Bitget WALUSDT
BingX WAL-USDT
Variational Omni WAL
Bluefin WAL-PERP