Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.003%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$630.625% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.003%, 7d avg −0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GMT_USDT | 0.008329 | 0.0100 | pay 0.0050% / 4h | 1h 07m | $421K | $186K | 20x |
| Short | Binance GMTUSDT | 0.008329 | 0.0100 | get 0.0050% / 4h | 1h 07m | $2.6M | $3.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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: +0.003% → −0.006%
- $0.86
- Slippage, 4 orders
- −$48.52
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$61.67
- Costs to cover
- 0.625%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 67 min ago; Binance: live order book, 14 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 MEXC live order book, 67 min ago | 1.20 bp | 9.5 bp −$9 | 56.7 bp −$567 | 262.4 bp −$26.2K | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.80 bp | 22.9 bp −$23 | 91.2 bp −$912 | doesn't fit | 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 | −0.0997% | 1h | 0.008325 | −0.043% | $45K | $10K | 20x | as long as short |
| KuCoin GMTUSDTM | +0.0020% | 4h | 0.008320 | −0.108% | $252K | $100K | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008334 | +0.060% | $122K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008327 | −0.030% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDTshort | +0.0100% | 4h | 0.008329 | +0.003% | $2.6M | $3.0M | 50x | |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008325 | −0.048% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008326 | −0.036% | $345K | $551K | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008320 | −0.108% | $146K | $105K | 50x | as long as short |
| MEXC GMT_USDTlong | +0.0100% | 4h | 0.008329 | long leg | $421K | $186K | 20x | |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008327 | −0.024% | $671K | $400K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDT | +0.0100% | 4h | 0.008326 | −0.036% | — | $1.2M | — | as long as short |
| Variational Omni GMT | +0.0100% | 8h | 0.008316 | −0.152% | $3K | $5K | — | as long as short |
MEXC GMT_USDT
Binance GMTUSDT
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Hyperliquid GMT
Aster GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Gate GMT_USDT
Bitget GMTUSDT
BingX GMT-USDT
Variational Omni GMT