Funding you earn now, next payment 16:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.21 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.191%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$750.745% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.119%−$12 · spread now −0.191%, 7d avg −0.046%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.145% cheaper against Binance than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.046%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance RAMUSDT | 14.017 | −0.2618 | get 0.2618% / 8h | 7h 01m | $785K | $2.2M | 20x |
| Short | MEXC RAM_USDT | 13.990 | −0.2639 | pay 0.2639% / 8h | 7h 01m | $389K | $93K | 20x |
Funding 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
- −$4.4
- Price spread: −0.191% → −0.046%
- −$14.5
- Slippage, 4 orders
- −$64.54
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$93.45
- Costs to cover
- 0.745%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; MEXC: live order book, 18 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, 3 min ago | 7.14 bp | 14.5 bp −$15 | 63.0 bp −$630 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 18 min ago | 10.87 bp | 23.4 bp −$23 | 63.7 bp −$637 | 190.2 bp −$19.0K | doesn't fit |
RAM on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RAM-USDT | −0.2667% | 8h | 14.000 | −0.120% | $29K | $2K | 20x | as long as short |
| MEXC RAM_USDTshort | −0.2639% | 8h | 13.990 | −0.191% | $389K | $93K | 20x | |
| Binance RAMUSDTlong | −0.2618% | 8h | 14.017 | long leg | $785K | $2.2M | 20x | |
| KuCoin RAMUSDTM | −0.1522% | 8h | 13.970 | −0.334% | $15K | $104K | 20x | as long as short |
| OKX RAM-USDT-SWAP | −0.1450% | 8h | 14.020 | +0.023% | $304K | $526K | 10x | as long as short |
| Bitget RAMUSDT | −0.1326% | 8h | 14.015 | −0.012% | $200K | $206K | 20x | as long as short |
| Bybit RAMUSDT | 0.0000% | 8h | 14.000 | −0.120% | $169K | $151K | 25x | as long as short |
| Gate RAM_USDT | 0.0000% | 8h | 13.990 | −0.191% | $24K | $4K | 20x | as long as short |
| HTX RAM-USDT | 0.0000% | 8h | 14.019 | +0.016% | $6K | $4K | 10x | as long as short |
| Phemex RAMUSDT | 0.0000% | 8h | 13.970 | −0.334% | $760K | $210K | 20x | as long as short |
Binance RAMUSDT
MEXC RAM_USDT
BloFin RAM-USDT
KuCoin RAMUSDTM
OKX RAM-USDT-SWAP
Bitget RAMUSDT
Bybit RAMUSDT
Gate RAM_USDT
HTX RAM-USDT
Phemex RAMUSDT