Funding you earn now, next payment 03:00 UTC+0.0123%/8h= +13.5% APRpaid last 24h −0.056%
Price spread now: tradeXYZ against MEXC−0.060%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1271.267% of the position
Funding, last 7 days+0.269%+$27 on $10k
+Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.060%, 7d avg −0.007%
=Together, before fees+0.357%+ Points / potential airdroptradeXYZ: Active · farm board+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.053% cheaper against MEXC than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of −0.007%). If the spread goes back, that is −$5 on $10k: about 34 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC EWZ_USDT | 38.150 | 0.0089 | pay 0.0089% / 8h | 5h 50m | $725K | $82K | 50x |
| Short | tradeXYZ xyz:EWZ | 38.127 | 0.0212 | get 0.0026% / 1h | 50m 11s | $595K | $85K | 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
- $25.79
- Price spread: −0.060% → −0.007%
- −$5.28
- Slippage, 4 orders
- −$108.67
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$106.16
- Costs to cover
- 1.267%
- Break-even
- 35.8 days
Slippage from MEXC: live order book, 5 min ago; tradeXYZ: live order book, 56 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, 5 min ago | 19.65 bp | 28.6 bp −$29 | 55.5 bp −$555 | 215.5 bp −$21.6K | doesn't fit |
| Sell tradeXYZ live order book, 56 min ago | 6.96 bp | 32.0 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
EWZ on 13 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 EWZUSDT | 0.0000% | 8h | 38.154 | +0.010% | $9K | $50 | 20x | as long as short |
| Bybit EWZUSDT | 0.0000% | 8h | 38.180 | +0.079% | $332K | $41K | 25x | as long as short |
| OKX EWZ-USDT-SWAP | 0.0000% | 8h | 38.230 | +0.210% | $125K | $51K | 20x | as long as short |
| Gate EWZ_USDT | 0.0000% | 8h | 38.140 | −0.026% | $61K | $6K | 20x | as long as short |
| Bitget EWZUSDT | 0.0000% | 8h | 38.172 | +0.058% | $83K | $21K | 20x | as long as short |
| Variational Omni EWZ | 0.0000% | 8h | 38.203 | +0.140% | $49K | $6K | — | as long as short |
| SunX EWZ-USDT | 0.0000% | 8h | 38.200 | +0.131% | $1K | $505K | 10x | as long as short |
| HTX EWZ-USDT | 0.0000% | 8h | 38.210 | +0.157% | $5K | $6K | 10x | as long as short |
| MEXC EWZ_USDTlong | +0.0089% | 8h | 38.150 | long leg | $725K | $82K | 50x | |
| Binance EWZUSDT | +0.0093% | 8h | 38.140 | −0.026% | $293K | $245K | 20x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin EWZUSDTM | +0.0100% | 8h | 38.160 | +0.026% | $22K | $746K | 20x | as long as short |
| tradeXYZ xyz:EWZshort | +0.0212% | 1h | 38.127 | −0.060% | $595K | $85K | 20x | |
| GRVT EWZ_USDT_Perp | +0.0624% | 8h | 38.180 | +0.079% | $249 | $152K | 10x | as long as short |
MEXC EWZ_USDT
tradeXYZ xyz:EWZ
Aster EWZUSDT
Bybit EWZUSDT
OKX EWZ-USDT-SWAP
Gate EWZ_USDT
Bitget EWZUSDT
Variational Omni EWZ
SunX EWZ-USDT
HTX EWZ-USDT
Binance EWZUSDT
KuCoin EWZUSDTM
GRVT EWZ_USDT_Perp