Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.4% APRnext payment −$0.03 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against Binance0.000%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1271.268% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 2 days (all we have)−0.033%−$3 · spread now 0.000%, 7d avg +0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TBTUSDT | 38.730 | −0.0201 | get 0.0201% / 8h | 6h 41m | $232K | $96K | 25x |
| Short | MEXC TBT_USDT | 38.730 | −0.0204 | pay 0.0204% / 8h | 6h 41m | $108K | $80K | 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
- −$0.71
- Price spread: 0.000% → +0.002%
- −$0.23
- Slippage, 4 orders
- −$116.83
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$127.77
- Costs to cover
- 1.268%
- Break-even
- never at this rate
Slippage from Binance: live order book, 36 min ago; MEXC: live order book, 63 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, 36 min ago | 1.29 bp | 28.0 bp −$28 | 138.2 bp −$1,382 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 63 min ago | 10.35 bp | 27.8 bp −$28 | 157.6 bp −$1,576 | 227.0 bp −$22.7K | doesn't fit |
TBT on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC TBT_USDTshort | −0.0204% | 8h | 38.730 | 0.000% | $108K | $80K | 20x | |
| Binance TBTUSDTlong | −0.0201% | 8h | 38.730 | long leg | $232K | $96K | 25x | |
| Bybit TBTUSDT | 0.0000% | 8h | 38.720 | −0.026% | $76K | $7K | 25x | as long as short |
| Gate TBT_USDT | 0.0000% | 8h | 38.750 | +0.052% | $89K | $8K | 20x | as long as short |
| Bitget TBTUSDT | 0.0000% | 8h | 38.814 | +0.217% | $22K | $14K | 20x | as long as short |
| HTX TBT-USDT | 0.0000% | 8h | 38.750 | +0.052% | $5K | $304K | 10x | as long as short |
| edgeX TBTUSDC | +0.0140% | 4h | 38.745 | +0.038% | $21K | $183K | 10x | as long as short |
Binance TBTUSDT
MEXC TBT_USDT
Bybit TBTUSDT
Gate TBT_USDT
Bitget TBTUSDT
HTX TBT-USDT
edgeX TBTUSDC