Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC0.000%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$600.599% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now 0.000%, 7d avg −0.003%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC WAL_USDT | 0.03458 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $575K | $260K | 20x |
| Short | Binance WALUSDT | 0.03458 | 0.0100 | get 0.0050% / 4h | 3h 39m | $2.3M | $6.2M | 75x |
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
- $0
- Price spread: 0.000% → −0.003%
- $0.29
- Slippage, 4 orders
- −$45.85
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$59.56
- Costs to cover
- 0.599%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 50 min ago; Binance: live order book, 13 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, 50 min ago | 1.45 bp | 8.4 bp −$8 | 43.0 bp −$430 | 275.0 bp −$27.5K | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.45 bp | 19.6 bp −$20 | 87.9 bp −$879 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit WALUSDT | −0.0410% | 4h | 0.03458 | 0.000% | $1.4M | $1.5M | 25x | as long as short |
| Binance WALUSDTshort | +0.0100% | 4h | 0.03458 | 0.000% | $2.3M | $6.2M | 75x | |
| OKX WAL-USDT-SWAP | +0.0100% | 4h | 0.03454 | −0.116% | $215K | $1.1M | 10x | as long as short |
| Gate WAL_USDT | +0.0100% | 4h | 0.03453 | −0.145% | $294K | $645K | 50x | as long as short |
| MEXC WAL_USDTlong | +0.0100% | 4h | 0.03458 | long leg | $575K | $260K | 20x | |
| KuCoin WALUSDTM | +0.0100% | 4h | 0.03448 | −0.289% | $309K | $52K | 30x | as long as short |
| Bitget WALUSDT | +0.0100% | 4h | 0.03461 | +0.087% | $560K | $901K | 20x | as long as short |
| BingX WAL-USDT | +0.0100% | 4h | 0.03457 | −0.029% | — | $6.6M | — | as long as short |
| Variational Omni WAL | +0.0100% | 4h | 0.03456 | −0.060% | $21K | $16K | — | as long as short |
| Bluefin WAL-PERP | +0.2070% | 1h | 0.03461 | +0.087% | $30K | $626K | 20x | as long as short |
MEXC WAL_USDT
Binance WALUSDT
Bybit WALUSDT
OKX WAL-USDT-SWAP
Gate WAL_USDT
KuCoin WALUSDTM
Bitget WALUSDT
BingX WAL-USDT
Variational Omni WAL
Bluefin WAL-PERP