Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against MEXC+0.031%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1631.627% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.031%, 7d avg −0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.035% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XNY_USDT | 0.006360 | 0.2566 | pay 0.1283% / 4h | 3h 57m | $195K | $100K | 100x |
| Short | Binance XNYUSDT | 0.006362 | 0.2566 | get 0.1283% / 4h | 3h 57m | $3.7M | $1.1M | 10x |
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
- $0.03
- Price spread: +0.031% → −0.004%
- $3.54
- Slippage, 4 orders
- −$148.73
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$159.16
- Costs to cover
- 1.627%
- Break-even
- 33164.5 days
Slippage from MEXC: live order book, 13 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, 13 min ago | 0.79 bp | 42.5 bp −$43 | 76.1 bp −$761 | 212.7 bp −$21.3K | doesn't fit |
| Sell Binance live order book, 9 min ago | 3.14 bp | 43.1 bp −$43 | 396.8 bp −$3,968 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XNYUSDTM | +0.0100% | 4h | 0.006371 | +0.173% | $304K | $16K | 10x | as long as short |
| Variational Omni XNY | +0.0100% | 4h | 0.006365 | +0.081% | $52K | $2K | — | as long as short |
| Bybit XNYUSDT | +0.0296% | 4h | 0.006361 | +0.016% | $441K | $37K | 5x | as long as short |
| Gate XNY_USDT | +0.1490% | 4h | 0.006381 | +0.330% | $214K | $16K | 10x | as long as short |
| Aster XNYUSDT | +0.2098% | 4h | 0.006353 | −0.104% | $6K | $6K | 5x | as long as short |
| BingX XNY-USDT | +0.2438% | 4h | 0.006359 | −0.016% | — | $1.3M | — | as long as short |
| MEXC XNY_USDTlong | +0.2566% | 4h | 0.006360 | long leg | $195K | $100K | 100x | |
| Binance XNYUSDTshort | +0.2566% | 4h | 0.006362 | +0.031% | $3.7M | $1.1M | 10x | |
| BloFin XNY-USDT | +0.2607% | 4h | 0.006363 | +0.047% | $229K | $6K | 10x | as long as short |
MEXC XNY_USDT
Binance XNYUSDT
KuCoin XNYUSDTM
Variational Omni XNY
Bybit XNYUSDT
Gate XNY_USDT
Aster XNYUSDT
BingX XNY-USDT
BloFin XNY-USDT