Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.067%7-day average +0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1061.062% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.320%+$32 · spread now −0.067%, 7d avg +0.086%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.153% cheaper against MEXC than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.086%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TMF_USDT | 29.940 | 0.1021 | pay 0.1021% / 8h | 3h 51m | $636K | $89K | 20x |
| Short | Binance TMFUSDT | 29.920 | 0.1019 | get 0.1019% / 8h | 3h 51m | $1.2M | $470K | 25x |
MEXC TMF_USDT
Binance TMFUSDTFunding 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
- −$0.4
- Price spread: −0.067% → +0.086%
- −$15.27
- Slippage, 4 orders
- −$96.19
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$121.85
- Costs to cover
- 1.062%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 59 min ago; Binance: live order book, 11 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, 59 min ago | 10.05 bp | 28.5 bp −$28 | 111.0 bp −$1,110 | 205.9 bp −$20.6K | 296.1 bp −$148.0K |
| Sell Binance live order book, 11 min ago | 6.68 bp | 14.9 bp −$15 | 80.7 bp −$807 | doesn't fit | doesn't fit |
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 | −0.0450% | 4h | 29.935 | −0.017% | $14K | $286K | 10x | as long as short |
| Bybit TMFUSDT | 0.0000% | 8h | 29.930 | −0.033% | $160K | $51K | 25x | as long as short |
| Gate TMF_USDT | 0.0000% | 8h | 29.890 | −0.167% | $51K | $7K | 20x | as long as short |
| Bitget TMFUSDT | 0.0000% | 8h | 29.929 | −0.037% | $155K | $80K | 20x | as long as short |
| HTX TMF-USDT | 0.0000% | 8h | 29.940 | 0.000% | $9K | $253K | 10x | as long as short |
| OKX TMF-USDT-SWAP | +0.0750% | 8h | 29.950 | +0.033% | $148K | $137K | 20x | as long as short |
| Variational Omni TMF | +0.0960% | 8h | 29.935 | −0.017% | $29K | $5K | — | as long as short |
| Binance TMFUSDTshort | +0.1019% | 8h | 29.920 | −0.067% | $1.2M | $470K | 25x | |
| MEXC TMF_USDTlong | +0.1021% | 8h | 29.940 | long leg | $636K | $89K | 20x |
edgeX TMFUSDC
Bybit TMFUSDT
Gate TMF_USDT
Bitget TMFUSDT
HTX TMF-USDT
OKX TMF-USDT-SWAP
Variational Omni TMF