Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.11 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.090%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$820.817% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.079%−$8 · spread now −0.090%, 7d avg −0.086%
=The price spread sits at its 7-day average of −0.086%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TMFUSDT | 29.987 | 0.1083 | pay 0.1083% / 8h | 2h 52m | $1.2M | $500K | 25x |
| Short | MEXC TMF_USDT | 29.960 | 0.1072 | get 0.1072% / 8h | 2h 52m | $636K | $89K | 20x |
Binance TMFUSDT
MEXC TMF_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
- −$2.21
- Price spread: −0.090% → −0.086%
- −$0.43
- Slippage, 4 orders
- −$71.71
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$84.34
- Costs to cover
- 0.817%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; MEXC: live order book, 53 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, 10 min ago | 3.34 bp | 29.7 bp −$30 | 145.4 bp −$1,454 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 53 min ago | 1.67 bp | 13.6 bp −$14 | 126.7 bp −$1,267 | 201.8 bp −$20.2K | 282.2 bp −$141.1K |
TMF on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TMFUSDC | −0.0229% | 4h | 29.975 | −0.041% | $13K | $286K | 10x | as long as short |
| Bybit TMFUSDT | 0.0000% | 8h | 29.950 | −0.124% | $163K | $53K | 25x | as long as short |
| Gate TMF_USDT | 0.0000% | 8h | 29.930 | −0.190% | $51K | $7K | 20x | as long as short |
| Bitget TMFUSDT | 0.0000% | 8h | 29.930 | −0.190% | $160K | $86K | 20x | as long as short |
| HTX TMF-USDT | 0.0000% | 8h | 30.020 | +0.110% | $9K | $253K | 10x | as long as short |
| OKX TMF-USDT-SWAP | +0.0796% | 8h | 29.970 | −0.057% | $149K | $138K | 20x | as long as short |
| Variational Omni TMF | +0.0985% | 8h | 29.975 | −0.041% | $28K | $5K | — | as long as short |
| MEXC TMF_USDTshort | +0.1072% | 8h | 29.960 | −0.090% | $636K | $89K | 20x | |
| Binance TMFUSDTlong | +0.1083% | 8h | 29.987 | long leg | $1.2M | $500K | 25x |
edgeX TMFUSDC
Bybit TMFUSDT
Gate TMF_USDT
Bitget TMFUSDT
HTX TMF-USDT
OKX TMF-USDT-SWAP
Variational Omni TMF