Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.050%
Price spread now: MEXC against Deribit+0.080%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 2 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. MEXC is 0.080% dearer against Deribit than usual: you sell high and buy low (spread +0.080% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ALT_USDC-PERPETUAL | 0.007506 | 0.0150 | pay 0.0019% / 1h | 51m 48s | — | $0 | 25x |
| Short | MEXC ALT_USDT | 0.007512 | 0.0100 | get 0.0050% / 4h | 51m 48s | $378K | $166K | 50x |
Deribit ALT_USDC-PERPETUAL
MEXC ALT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Deribit. 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
- −$10.47
- Price spread: +0.080% → 0.000%
- $7.99
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$13.47
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; MEXC: live order book, 34 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 34 min ago | 2.65 bp | 9.9 bp −$10 | 58.1 bp −$581 | 267.2 bp −$26.7K | 456.3 bp −$228.1K |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALTUSD | −0.0141% | 1h | 0.007513 | +0.087% | $44K | $8K | 10x | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007691 | +2.465% | $837 | $22 | 5.5x | as long as short |
| BloFin ALT-USDT | +0.0072% | 4h | 0.007514 | +0.107% | $168K | $8K | 50x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007512 | +0.080% | $1.1M | $136K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007517 | +0.147% | $2.6M | $3.4M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007507 | +0.013% | $1.2M | $1.8M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007498 | −0.107% | $49K | $379K | 25x | as long as short |
| MEXC ALT_USDTshort | +0.0100% | 4h | 0.007512 | +0.080% | $378K | $166K | 50x | |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007510 | +0.053% | $144K | $19K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007506 | 0.000% | $607K | $136K | 50x | as long as short |
Kraken Futures PF_ALTUSD
Injective ALT/USDC PERP
BloFin ALT-USDT
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ALT-USDT | +0.0100% | 4h | 0.007508 | +0.027% | — | $1.3M | — | as long as short |
| Variational Omni ALT | +0.0100% | 4h | 0.007480 | −0.345% | $4K | $16K | — | as long as short |
| Deribit ALT_USDC-PERPETUALlong | +0.0150% | 1h | 0.007506 | long leg | — | $0 | 25x | |
| Coinbase International ALT-PERP-INTX | +0.0480% | 1h | 0.007516 | +0.133% | $13K | $2K | 50x | as long as short |
BingX ALT-USDT
Variational Omni ALT
Coinbase International ALT-PERP-INTX