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−0.027%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$420.420% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.027%, 7d avg +0.028%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.055% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HK0700_USDT | 449.49 | 0 | get 0.0000% / 4h | 36m 04s | $146K | $148K | 20x |
| Short | Binance HK0700USDT | 449.37 | 0 | get 0.0000% / 4h | 36m 04s | $8.4M | $9.0M | 25x |
MEXC HK0700_USDT
Binance HK0700USDTFunding 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: −0.027% → +0.028%
- −$5.51
- Slippage, 4 orders
- −$32.03
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$47.54
- Costs to cover
- 0.420%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 39 min ago; Binance: 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 MEXC live order book, 39 min ago | 0.56 bp | 10.3 bp −$10 | 171.7 bp −$1,717 | 217.7 bp −$21.8K | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.67 bp | 8.1 bp −$8 | 41.6 bp −$416 | doesn't fit | 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 HK0700USDTshort | 0.0000% | 4h | 449.37 | −0.027% | $8.4M | $9.0M | 25x | |
| MEXC HK0700_USDTlong | 0.0000% | 4h | 449.49 | long leg | $146K | $148K | 20x | |
| HTX HK0700-USDT | 0.0000% | 4h | 449.26 | −0.051% | $9K | $43K | 10x | as long as short |
HTX HK0700-USDT