Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: MEXC against Binance+0.015%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$890.890% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 7 days−0.023%−$2 · spread now +0.015%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.020% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BANUSDT | 0.06876 | 0.0472 | pay 0.0236% / 4h | 1h 47m | $6.7M | $734K | 25x |
| Short | MEXC BAN_USDT | 0.06877 | 0.0472 | get 0.0236% / 4h | 1h 47m | $8.2M | $152K | 100x |
Binance BANUSDT
MEXC BAN_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
- −$0.01
- Price spread: +0.015% → −0.005%
- $2.01
- Slippage, 4 orders
- −$75.03
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$87.04
- Costs to cover
- 0.890%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; MEXC: live order book, 3 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, 14 min ago | 2.17 bp | 30.1 bp −$30 | 426.0 bp −$4,260 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 3.63 bp | 12.5 bp −$13 | 83.9 bp −$839 | 255.1 bp −$25.5K | 580.6 bp −$290.3K |
BAN on 8 exchanges
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 BANUSDT | +0.0100% | 4h | 0.06868 | −0.116% | $2.9M | $261K | 13x | as long as short |
| Gate BAN_USDT | +0.0100% | 8h | 0.06872 | −0.057% | $1.2M | $49K | 20x | as long as short |
| KuCoin BANUSDTM | +0.0100% | 4h | 0.06873 | −0.043% | $312K | $14K | 20x | as long as short |
| Variational Omni BAN | +0.0100% | 4h | 0.06866 | −0.148% | $16 | — | — | as long as short |
| Bitget BANUSDT | +0.0180% | 4h | 0.06872 | −0.057% | $1.1M | $60K | 25x | as long as short |
| Aster BANUSDT | +0.0377% | 4h | 0.06876 | −0.002% | $12K | $659 | 5x | as long as short |
| MEXC BAN_USDTshort | +0.0472% | 4h | 0.06877 | +0.015% | $8.2M | $152K | 100x | |
| Binance BANUSDTlong | +0.0472% | 4h | 0.06876 | long leg | $6.7M | $734K | 25x |
Bybit BANUSDT
Gate BAN_USDT
KuCoin BANUSDTM
Variational Omni BAN
Bitget BANUSDT
Aster BANUSDT