Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.03 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against MEXC+0.078%7-day average +0.119% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1481.483% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.078%, 7d avg +0.119%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.041% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.119%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BITO_USDT | 11.550 | 0.0812 | pay 0.0812% / 8h | 3h 51m | $122K | $84K | 20x |
| Short | Binance BITOUSDT | 11.559 | 0.0815 | get 0.0815% / 8h | 3h 51m | $258K | $2.0M | 25x |
MEXC BITO_USDT
Binance BITOUSDTFunding 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
- $0.53
- Price spread: +0.078% → +0.119%
- −$4.1
- Slippage, 4 orders
- −$138.29
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$151.87
- Costs to cover
- 1.483%
- Break-even
- 2023.8 days
Slippage from MEXC: live order book, 38 min ago; Binance: live order book, 12 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, 38 min ago | 4.33 bp | 43.4 bp −$43 | 131.5 bp −$1,315 | 226.7 bp −$22.7K | doesn't fit |
| Sell Binance live order book, 12 min ago | 4.34 bp | 34.2 bp −$34 | 138.2 bp −$1,382 | doesn't fit | doesn't fit |
BITO on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX BITOUSDC | −0.0143% | 4h | 11.553 | +0.026% | $24K | $270K | 10x | as long as short |
| Bybit BITOUSDT | 0.0000% | 8h | 11.539 | −0.095% | $36K | $36K | 25x | as long as short |
| Gate BITO_USDT | 0.0000% | 8h | 11.546 | −0.035% | $29K | $34K | 20x | as long as short |
| Bitget BITOUSDT | 0.0000% | 8h | 11.543 | −0.061% | $728K | $1.3M | 20x | as long as short |
| HTX BITO-USDT | 0.0000% | 8h | 11.560 | +0.087% | $5K | $286K | 10x | as long as short |
| MEXC BITO_USDTlong | +0.0812% | 8h | 11.550 | long leg | $122K | $84K | 20x | |
| Binance BITOUSDTshort | +0.0815% | 8h | 11.559 | +0.078% | $258K | $2.0M | 25x |
edgeX BITOUSDC
Bybit BITOUSDT
Gate BITO_USDT
Bitget BITOUSDT
HTX BITO-USDT