Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.001%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$720.722% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.063%−$6 · spread now −0.001%, 7d avg +0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GMTUSDT | 0.008547 | 0.0100 | pay 0.0050% / 4h | 1h 03m | $2.9M | $5.1M | 50x |
| Short | MEXC GMT_USDT | 0.008547 | 0.0100 | get 0.0050% / 4h | 1h 03m | $444K | $215K | 20x |
Binance GMTUSDT
MEXC GMT_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: −0.001% → +0.006%
- −$0.71
- Slippage, 4 orders
- −$58.22
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$72.93
- Costs to cover
- 0.722%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; MEXC: live order book, 42 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, 4 min ago | 2.34 bp | 28.2 bp −$28 | 149.9 bp −$1,499 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 42 min ago | 1.17 bp | 9.5 bp −$9 | 70.8 bp −$708 | 265.3 bp −$26.5K | doesn't fit |
GMT on 12 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_GMTUSD | −0.1560% | 1h | 0.008580 | +0.380% | $45K | $14K | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0546% | 4h | 0.008560 | +0.151% | $280K | $191K | 50x | as long as short |
| Bybit GMTUSDT | −0.0315% | 8h | 0.008548 | +0.011% | $1.1M | $2.0M | 50x | as long as short |
| OKX GMT-USDT-SWAP | −0.0298% | 4h | 0.008548 | +0.011% | $394K | $1.2M | 20x | as long as short |
| Aster GMTUSDT | −0.0026% | 4h | 0.008580 | +0.385% | $7K | $22K | 10x | as long as short |
| Variational Omni GMT | +0.0016% | 8h | 0.008546 | −0.009% | $4K | $5K | — | as long as short |
| Bitget GMTUSDT | +0.0076% | 4h | 0.008555 | +0.093% | $675K | $640K | 50x | as long as short |
| Gate GMT_USDT | +0.0085% | 8h | 0.008580 | +0.385% | $147K | $180K | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008552 | +0.058% | $114K | $152K | 3x | as long as short |
| Binance GMTUSDTlong | +0.0100% | 4h | 0.008547 | long leg | $2.9M | $5.1M | 50x |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Aster GMTUSDT
Variational Omni GMT
Bitget GMTUSDT
Gate GMT_USDT
Hyperliquid GMTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC GMT_USDTshort | +0.0100% | 4h | 0.008547 | −0.001% | $444K | $215K | 20x | |
| BingX GMT-USDT | +0.0100% | 4h | 0.008562 | +0.175% | — | $1.3M | — | as long as short |
BingX GMT-USDT