Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.019%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$930.927% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.019%, 7d avg −0.014%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AXLUSDT | 0.05240 | 0.0100 | pay 0.0050% / 4h | 2h 49m | $1.8M | $3.4M | 50x |
| Short | MEXC AXL_USDT | 0.05239 | 0.0100 | get 0.0050% / 4h | 2h 49m | $325K | $162K | 50x |
Binance AXLUSDT
MEXC AXL_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
- Price spread: −0.019% → −0.014%
- −$0.46
- Slippage, 4 orders
- −$78.74
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$93.2
- Costs to cover
- 0.927%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; MEXC: live order book, 46 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, 2 min ago | 2.86 bp | 22.2 bp −$22 | 122.3 bp −$1,223 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 46 min ago | 2.87 bp | 16.5 bp −$16 | 67.6 bp −$676 | 120.6 bp −$12.1K | doesn't fit |
AXL 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX AXL-USDT | +0.0070% | 4h | 0.05238 | −0.038% | — | $2.3M | — | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05243 | +0.049% | $34K | $7K | 5x | as long as short |
| Binance AXLUSDTlong | +0.0100% | 4h | 0.05240 | long leg | $1.8M | $3.4M | 50x | |
| Bybit AXLUSDT | +0.0100% | 4h | 0.05242 | +0.038% | $1.5M | $1.5M | 25x | as long as short |
| MEXC AXL_USDTshort | +0.0100% | 4h | 0.05239 | −0.019% | $325K | $162K | 50x | |
| KuCoin AXLUSDTM | +0.0100% | 4h | 0.05238 | −0.038% | $437K | $83K | 30x | as long as short |
| Bitget AXLUSDT | +0.0100% | 4h | 0.05238 | −0.038% | $574K | $279K | 50x | as long as short |
| Variational Omni AXL | +0.0100% | 4h | 0.05245 | +0.097% | $6K | $23K | — | as long as short |
| BloFin AXL-USDT | +0.0139% | 4h | 0.05239 | −0.019% | $119K | $10K | 50x | as long as short |
BingX AXL-USDT
Aster AXLUSDT
Bybit AXLUSDT
KuCoin AXLUSDTM
Bitget AXLUSDT
Variational Omni AXL
BloFin AXL-USDT