Funding you earn now, next payment 04:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Binance+0.073%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1371.368% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.073%, 7d avg +0.021%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and MEXC is 0.052% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUSDT | 1.4200 | 0.1700 | pay 0.0850% / 4h | 2h 41m | $5.5M | $3.7M | 10x |
| Short | MEXC M_USDT | 1.4210 | 0.1712 | get 0.0856% / 4h | 2h 41m | $239K | $106K | 50x |
Binance MUSDT
MEXC M_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
- $2.52
- Price spread: +0.073% → +0.021%
- $5.23
- Slippage, 4 orders
- −$122.83
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$129.09
- Costs to cover
- 1.368%
- Break-even
- 366.2 days
Slippage from Binance: live order book, 11 min ago; MEXC: live order book, 8 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, 11 min ago | 2.42 bp | 43.7 bp −$44 | 377.3 bp −$3,773 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 8 min ago | 4.51 bp | 28.2 bp −$28 | 54.6 bp −$546 | 145.6 bp −$14.6K | doesn't fit |
M 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4208 | +0.059% | $4.4M | $1.9M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4195 | −0.033% | $1.9M | $872K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4230 | +0.212% | $89K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4261 | +0.432% | $2K | $496 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4286 | +0.608% | $2K | $683K | 20x | as long as short |
| Bitget MUSDT | +0.0170% | 4h | 1.4217 | +0.122% | $1.8M | $239K | 10x | as long as short |
| Aster MUSDT | +0.1328% | 4h | 1.4217 | +0.124% | $15K | $93K | 5x | as long as short |
| BingX M-USDT | +0.1620% | 4h | 1.4200 | +0.003% | — | $2.4M | — | as long as short |
| Binance MUSDTlong | +0.1700% | 4h | 1.4200 | long leg | $5.5M | $3.7M | 10x | |
| MEXC M_USDTshort | +0.1712% | 4h | 1.4210 | +0.073% | $239K | $106K | 50x |
Bybit MUSDT
Gate M_USDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Bitget MUSDT
Aster MUSDT
BingX M-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.1756% | 4h | 1.4412 | +1.496% | $359K | $427K | 10x | as long as short |
| KuCoin MUSDTM | +0.3530% | 4h | 1.4096 | −0.730% | $1.4M | $4.0M | 10x | as long as short |
BloFin M-USDT
KuCoin MUSDTM