Funding you earn now, next payment 04:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Binance−0.020%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1331.331% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.020%, 7d avg +0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.025% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XNYUSDT | 0.006176 | 0.0241 | pay 0.0121% / 4h | 3h 59m | $3.6M | $876K | 10x |
| Short | MEXC XNY_USDT | 0.006175 | 0.0240 | get 0.0120% / 4h | 3h 59m | $160K | $92K | 100x |
Binance XNYUSDT
MEXC XNY_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
- −$0.23
- Price spread: −0.020% → +0.005%
- −$2.5
- Slippage, 4 orders
- −$119.13
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$135.86
- Costs to cover
- 1.331%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; MEXC: live order book, 59 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, 7 min ago | 2.44 bp | 37.1 bp −$37 | 520.6 bp −$5,206 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 59 min ago | 1.62 bp | 39.7 bp −$40 | 77.3 bp −$773 | 186.8 bp −$18.7K | doesn't fit |
XNY 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster XNYUSDT | +0.0100% | 4h | 0.006164 | −0.200% | $5K | $3K | 5x | as long as short |
| KuCoin XNYUSDTM | +0.0100% | 4h | 0.006152 | −0.392% | $280K | $12K | 10x | as long as short |
| Variational Omni XNY | +0.0100% | 4h | 0.006162 | −0.227% | $51K | $1K | — | as long as short |
| Bybit XNYUSDT | +0.0101% | 4h | 0.006164 | −0.198% | $431K | $28K | 5x | as long as short |
| BingX XNY-USDT | +0.0230% | 4h | 0.006176 | −0.003% | — | $1.3M | — | as long as short |
| MEXC XNY_USDTshort | +0.0240% | 4h | 0.006175 | −0.020% | $160K | $92K | 100x | |
| Binance XNYUSDTlong | +0.0241% | 4h | 0.006176 | long leg | $3.6M | $876K | 10x | |
| BloFin XNY-USDT | +0.0289% | 4h | 0.006168 | −0.133% | $217K | $6K | 10x | as long as short |
| Gate XNY_USDT | +0.0484% | 4h | 0.006177 | +0.013% | $204K | $13K | 10x | as long as short |
Aster XNYUSDT
KuCoin XNYUSDTM
Variational Omni XNY
Bybit XNYUSDT
BingX XNY-USDT
BloFin XNY-USDT
Gate XNY_USDT