Funding you earn now, next payment 04:00 UTC−0.0006%/8h= −0.6% APRnext payment −$0.03 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC0.000%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1241.237% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now 0.000%, 7d avg −0.005%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC WET_USDT | 0.07040 | 0.0230 | pay 0.0115% / 4h | 2h 24m | $197K | $114K | 50x |
| Short | Binance WETUSDT | 0.07040 | 0.0224 | get 0.0112% / 4h | 2h 24m | $1.3M | $2.6M | 50x |
MEXC WET_USDT
Binance WETUSDTFunding 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
- −$1.24
- Price spread: 0.000% → −0.005%
- $0.48
- Slippage, 4 orders
- −$109.68
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$124.44
- Costs to cover
- 1.237%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 16 min ago; Binance: live order book, 9 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, 16 min ago | 0.72 bp | 29.4 bp −$29 | 107.1 bp −$1,071 | 526.8 bp −$52.7K | doesn't fit |
| Sell Binance live order book, 9 min ago | 4.18 bp | 31.0 bp −$31 | 179.0 bp −$1,790 | doesn't fit | doesn't fit |
WET on 9 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 WETUSDT | +0.0100% | 4h | 0.07034 | −0.085% | $1.5M | $827K | 50x | as long as short |
| OKX WET-USDT-SWAP | +0.0100% | 4h | 0.07035 | −0.071% | $756K | $1.1M | 20x | as long as short |
| Gate WET_USDT | +0.0100% | 8h | 0.07045 | +0.071% | $1.1M | $62K | 50x | as long as short |
| KuCoin WETUSDTM | +0.0100% | 4h | 0.07045 | +0.071% | $708K | $709K | 50x | as long as short |
| Bitget WETUSDT | +0.0100% | 4h | 0.07037 | −0.043% | $579K | $137K | 25x | as long as short |
| Binance WETUSDTshort | +0.0224% | 4h | 0.07040 | 0.000% | $1.3M | $2.6M | 50x | |
| MEXC WET_USDTlong | +0.0230% | 4h | 0.07040 | long leg | $197K | $114K | 50x | |
| BingX WET-USDT | +0.0250% | 4h | 0.07043 | +0.043% | — | $6.5M | — | as long as short |
| Aster WETUSDT | +0.0997% | 4h | 0.07034 | −0.081% | $15K | $31K | 5x | as long as short |
Bybit WETUSDT
OKX WET-USDT-SWAP
Gate WET_USDT
KuCoin WETUSDTM
Bitget WETUSDT
BingX WET-USDT
Aster WETUSDT