Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.032%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1031.035% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 2 days (all we have)+0.001%$0 · spread now −0.032%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.032% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GDX_USDT | 95.080 | 0 | get 0.0000% / 8h | 7h 34m | $850K | $86K | 20x |
| Short | Binance GDXUSDT | 95.050 | 0 | get 0.0000% / 8h | 7h 34m | $403K | $221K | 20x |
MEXC GDX_USDT
Binance GDXUSDTFunding 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
- Price spread: −0.032% → +0.001%
- −$3.21
- Slippage, 4 orders
- −$93.5
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$106.71
- Costs to cover
- 1.035%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 31 min ago; Binance: live order book, 72 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, 31 min ago | 1.58 bp | 44.0 bp −$44 | 165.4 bp −$1,654 | 218.3 bp −$21.8K | doesn't fit |
| Sell Binance live order book, 72 min ago | 2.11 bp | 8.5 bp −$9 | 67.2 bp −$672 | doesn't fit | doesn't fit |
GDX on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GDXUSDTshort | 0.0000% | 8h | 95.050 | −0.032% | $403K | $221K | 20x | |
| Bybit GDXUSDT | 0.0000% | 8h | 95.060 | −0.021% | $241K | $39K | 25x | as long as short |
| MEXC GDX_USDTlong | 0.0000% | 8h | 95.080 | long leg | $850K | $86K | 20x | |
| Bitget GDXUSDT | 0.0000% | 8h | 95.090 | +0.011% | $247K | $367K | 20x | as long as short |
| HTX GDX-USDT | 0.0000% | 8h | 95.200 | +0.126% | $8K | $329K | 20x | as long as short |
| Vest GDX-USD-PERP | +0.0046% | 1h | 94.890 | −0.200% | — | — | 25x | as long as short |
| Gate GDX_USDT | +0.0200% | 8h | 95.100 | +0.021% | $168K | $152K | 20x | as long as short |
| edgeX GDXUSDC | +0.0512% | 4h | 95.115 | +0.037% | $97K | $225K | 10x | as long as short |
Bybit GDXUSDT
Bitget GDXUSDT
HTX GDX-USDT
Vest GDX-USD-PERP
Gate GDX_USDT
edgeX GDXUSDC