Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.02 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against Binance+0.004%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$850.847% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 7 days+0.006%+$1 · spread now +0.004%, 7d avg −0.005%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 4USDT | 0.01996 | 0.0274 | pay 0.0137% / 4h | 2h 30m | $7.8M | $13.3M | 20x |
| Short | MEXC 4_USDT | 0.01996 | 0.0270 | get 0.0135% / 4h | 2h 30m | $1.6M | $910K | 100x |
Binance 4USDT
MEXC 4_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
- −$0.75
- Price spread: +0.004% → −0.005%
- $0.89
- Slippage, 4 orders
- −$70.73
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$84.58
- Costs to cover
- 0.847%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; MEXC: live order book, 6 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, 9 min ago | 0.75 bp | 24.4 bp −$24 | 267.2 bp −$2,672 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 4.98 bp | 15.8 bp −$16 | 112.1 bp −$1,121 | 278.4 bp −$27.8K | doesn't fit |
4 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit 4USDT | +0.0100% | 4h | 0.01990 | −0.317% | $2.6M | $2.0M | 5x | as long as short |
| Variational Omni 4 | +0.0100% | 4h | 0.01991 | −0.240% | $45K | $8K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.01993 | −0.146% | $2K | $1.4M | 20x | as long as short |
| Aster 4USDT | +0.0196% | 4h | 0.01992 | −0.189% | $236K | $112K | 5x | as long as short |
| Gate 4_USDT | +0.0258% | 4h | 0.01994 | −0.076% | $529K | $300K | 20x | as long as short |
| MEXC 4_USDTshort | +0.0270% | 4h | 0.01996 | +0.004% | $1.6M | $910K | 100x | |
| Binance 4USDTlong | +0.0274% | 4h | 0.01996 | long leg | $7.8M | $13.3M | 20x | |
| BingX 4-USDT | +0.0276% | 4h | 0.01994 | −0.076% | — | $1.4M | — | as long as short |
| KuCoin 4USDTM | +0.0552% | 4h | 0.01988 | −0.397% | $875K | $12.5M | 20x | as long as short |
Bybit 4USDT
Variational Omni 4
SunX 4-USDT
Aster 4USDT
Gate 4_USDT
BingX 4-USDT
KuCoin 4USDTM