Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.015%
Price spread now: tradeXYZ against MEXC−0.035%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$440.443% of the position
Funding, last 7 days+0.111%+$11 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.035%, 7d avg −0.009%
=Together, before fees+0.148%+ Points / potential airdroptradeXYZ: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.026% cheaper against MEXC than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of −0.009%). If the spread goes back, that is −$3 on $10k: about 41 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC EWT_USDT | 114.42 | 0 | get 0.0000% / 8h | 33m 32s | $2.4M | $88K | 50x |
| Short | tradeXYZ xyz:EWT | 114.38 | 0.0050 | get 0.0006% / 1h | 33m 32s | $712K | $120K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.035% → −0.009%
- −$2.59
- Slippage, 4 orders
- −$26.3
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$36.39
- Costs to cover
- 0.443%
- Break-even
- 31.3 days
Slippage from MEXC: live order book, 3 min ago; tradeXYZ: live order book, 23 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, 3 min ago | 1.75 bp | 4.0 bp −$4 | 93.9 bp −$939 | 202.3 bp −$20.2K | doesn't fit |
| Sell tradeXYZ live order book, 23 min ago | 3.93 bp | 17.0 bp −$17 | 55.6 bp −$556 | doesn't fit | doesn't fit |
EWT on 12 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 EWTUSDT | 0.0000% | 8h | 114.43 | +0.012% | $3K | $76 | 20x | as long as short |
| Binance EWTUSDT | 0.0000% | 8h | 114.42 | 0.000% | $466K | $490K | 20x | as long as short |
| Bybit EWTUSDT | 0.0000% | 8h | 114.37 | −0.044% | $218K | $20K | 25x | as long as short |
| OKX EWT-USDT-SWAP | 0.0000% | 8h | 114.58 | +0.140% | $172K | $44K | 20x | as long as short |
| Gate EWT_USDT | 0.0000% | 8h | 114.51 | +0.079% | $43K | $903 | 25x | as long as short |
| MEXC EWT_USDTlong | 0.0000% | 8h | 114.42 | long leg | $2.4M | $88K | 50x | |
| Bitget EWTUSDT | 0.0000% | 8h | 114.40 | −0.017% | $1.2M | $257K | 20x | as long as short |
| Variational Omni EWT | 0.0000% | 8h | 114.41 | −0.011% | $56K | $13K | — | as long as short |
| GRVT EWT_USDT_Perp | 0.0000% | 8h | 114.42 | 0.000% | $3K | $163K | 10x | as long as short |
| SunX EWT-USDT | 0.0000% | 8h | 114.42 | 0.000% | $711 | $232K | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EWT-USDT | 0.0000% | 8h | 114.16 | −0.227% | $15K | $8K | 10x | as long as short |
| tradeXYZ xyz:EWTshort | +0.0050% | 1h | 114.38 | −0.035% | $712K | $120K | 20x |
MEXC EWT_USDT
tradeXYZ xyz:EWT
Aster EWTUSDT
Binance EWTUSDT
Bybit EWTUSDT
OKX EWT-USDT-SWAP
Gate EWT_USDT
Bitget EWTUSDT
Variational Omni EWT
GRVT EWT_USDT_Perp
SunX EWT-USDT
HTX EWT-USDT