Funding you earn now, next payment 00:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.018%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$890.894% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 7 days+0.024%+$2 · spread now −0.018%, 7d avg +0.010%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.028% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.010%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BULLAUSDT | 0.1082 | 0.0884 | pay 0.0442% / 4h | 3h 30m | $11.8M | $9.0M | 10x |
| Short | MEXC BULLA_USDT | 0.1082 | 0.0858 | get 0.0429% / 4h | 3h 30m | $7.8M | $532K | 20x |
Binance BULLAUSDT
MEXC BULLA_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
- −$5.37
- Price spread: −0.018% → +0.010%
- −$2.83
- Slippage, 4 orders
- −$75.39
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$97.58
- Costs to cover
- 0.894%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; MEXC: live order book, 2 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 | 1.86 bp | 31.2 bp −$31 | 268.4 bp −$2,684 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.85 bp | 19.0 bp −$19 | 56.1 bp −$561 | 402.4 bp −$40.2K | doesn't fit |
BULLA on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BULLAUSDT | +0.0100% | 4h | 0.1079 | −0.272% | $6.0M | $1.0M | 5x | as long as short |
| Gate BULLA_USDT | +0.0100% | 4h | 0.1084 | +0.135% | $1.4M | $234K | 10x | as long as short |
| BingX BULLA-USDT | +0.0762% | 4h | 0.1082 | −0.046% | — | $6.6M | — | as long as short |
| MEXC BULLA_USDTshort | +0.0858% | 4h | 0.1082 | −0.018% | $7.8M | $532K | 20x | |
| Binance BULLAUSDTlong | +0.0884% | 4h | 0.1082 | long leg | $11.8M | $9.0M | 10x |
Aster BULLAUSDT
Gate BULLA_USDT
BingX BULLA-USDT