Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against Binance−0.048%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$750.750% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 2 days (all we have)+0.013%+$1 · spread now −0.048%, 7d avg −0.023%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.025% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HK0700USDT | 435.97 | 0 | get 0.0000% / 4h | 3h 04m | $8.3M | $2.5M | 25x |
| Short | MEXC HK0700_USDT | 435.76 | 0 | get 0.0000% / 4h | 3h 04m | $130K | $105K | 20x |
Binance HK0700USDT
MEXC HK0700_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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: −0.048% → −0.023%
- −$2.54
- Slippage, 4 orders
- −$65.04
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$77.58
- Costs to cover
- 0.750%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; MEXC: live order book, 41 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 Binance live order book, 5 min ago | 0.57 bp | 16.9 bp −$17 | 51.5 bp −$515 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 41 min ago | 3.57 bp | 21.7 bp −$22 | 175.5 bp −$1,755 | 214.9 bp −$21.5K | doesn't fit |
HK0700 on 3 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 HK0700USDTlong | 0.0000% | 4h | 435.97 | long leg | $8.3M | $2.5M | 25x | |
| MEXC HK0700_USDTshort | 0.0000% | 4h | 435.76 | −0.048% | $130K | $105K | 20x | |
| HTX HK0700-USDT | 0.0000% | 4h | 435.98 | +0.002% | $9K | $78K | 10x | as long as short |
HTX HK0700-USDT