Funding you earn now, next payment 03:00 UTC−0.0298%/8h= −32.6% APRpaid last 24h −0.083%
Price spread now: MEXC against Pacifica0.000%45s7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$360.360% of the position
Funding, last 7 days−0.584%−$58 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now 0.000%, 7d avg +0.037%
=Together, before fees−0.571%+ Points / potential airdropPacifica: Active · farm board−$57 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and MEXC is 0.037% cheaper against Pacifica than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.037%). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica EURUSD | 1.1472 | 0.0100 | pay 0.0013% / 1h | 9m 49s | $190K | $61K | 50x |
| Short | MEXC EUR_USDT | 1.1472 | −0.0198 | pay 0.0099% / 4h | 1h 09m | $6.8M | $138K | 100x |
Pacifica EURUSD
MEXC EUR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Pacifica. 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
- −$62.58
- Price spread: 0.000% → +0.037%
- −$3.73
- Slippage, 4 orders
- −$20.03
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$102.34
- Costs to cover
- 0.360%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 53 min ago; MEXC: live order book, 3 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 Pacifica live order book, 53 min ago | 3.05 bp | 13.2 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.44 bp | 4.4 bp −$4 | 4.9 bp −$49 | 41.7 bp −$4,175 | 158.1 bp −$79.1K |
EUR on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC EUR_USDTshort | −0.0198% | 4h | 1.1472 | 0.000% | $6.8M | $138K | 100x | |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1473 | +0.005% | $584K | $235K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1474 | +0.017% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1472 | 0.000% | $253K | $20K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1469 | −0.026% | $198K | $111K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1477 | +0.044% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1473 | +0.009% | $12K | $260K | 20x | as long as short |
| Nado EURUSD-PERP | +0.0003% | 1h | 1.1473 | +0.005% | $467K | $153K | 40x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1469 | −0.023% | $6.7M | $1.2M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | −0.049% | $9K | $78K | 101x | as long as short |
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
Orderly PERP_EURUSD_USDC
SunX EURUSD-USDT
HTX EURUSD-USDT
Nado EURUSD-PERP
Extended EUR-USD
Injective EURUSD/USDC PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1501 | +0.255% | — | $264K | 100x | as long as short |
| Pacifica EURUSDlong | +0.0100% | 1h | 1.1472 | long leg | $190K | $61K | 50x | |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1477 | +0.046% | $12K | — | 10x | as long as short |
| Hibachi EUR/USDT-P | +0.0112% | 1h | 1.1470 | −0.020% | $158K | $8.2M | 30x | as long as short |
| Kraken Futures PF_EURUSD | +0.0119% | 1h | 1.1468 | −0.033% | $3K | — | 50x | as long as short |
| Hotstuff EURUSD-PERP | +0.0152% | 1h | 1.1477 | +0.044% | $33K | — | 50x | as long as short |
| Lighter EURUSD | +0.0160% | 1h | 1.1481 | +0.082% | $2.1M | $444K | 50x | as long as short |
| tradeXYZ xyz:EUR | +0.0192% | 1h | 1.1477 | +0.044% | $23.3M | $1.8M | 50x | as long as short |
Vest EUR-USD-PERP
Aevo EURUSD-PERP
Hibachi EUR/USDT-P
Kraken Futures PF_EURUSD
Hotstuff EURUSD-PERP
Lighter EURUSD
tradeXYZ xyz:EUR