Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.015%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$490.490% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 7 days−0.029%−$3 · spread now +0.015%, 7d avg −0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.027% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TUSDT | 0.005264 | −0.0678 | get 0.0339% / 4h | 17m 39s | $3.2M | $7.8M | 50x |
| Short | MEXC T_USDT | 0.005265 | −0.0676 | pay 0.0338% / 4h | 17m 39s | $3.1M | $237K | 20x |
Binance TUSDT
MEXC T_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
- $0.35
- Price spread: +0.015% → −0.012%
- $2.66
- Slippage, 4 orders
- −$35.01
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$46.01
- Costs to cover
- 0.490%
- Break-even
- 930.8 days
Slippage from Binance: live order book, 6 min ago; MEXC: live order book, 4 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, 6 min ago | 0.96 bp | 13.5 bp −$14 | 36.1 bp −$361 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.95 bp | 8.6 bp −$9 | 44.0 bp −$440 | 118.0 bp −$11.8K | doesn't fit |
T on 8 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_TUSD | −0.2077% | 1h | 0.005267 | +0.053% | $4K | $2K | 10x | as long as short |
| Gate T_USDT | −0.1212% | 4h | 0.005262 | −0.042% | $208K | $94K | 20x | as long as short |
| Bitget TUSDT | −0.0876% | 4h | 0.005258 | −0.118% | $882K | $636K | 50x | as long as short |
| Variational Omni T | −0.0797% | 4h | 0.005242 | −0.430% | $7K | $6K | — | as long as short |
| Binance TUSDTlong | −0.0678% | 4h | 0.005264 | long leg | $3.2M | $7.8M | 50x | |
| MEXC T_USDTshort | −0.0676% | 4h | 0.005265 | +0.015% | $3.1M | $237K | 20x | |
| Bybit TUSDT | −0.0665% | 4h | 0.005266 | +0.034% | $1.6M | $1.6M | 25x | as long as short |
| KuCoin TUSDTM | −0.0414% | 4h | 0.005260 | −0.080% | $1.3M | $96K | 12x | as long as short |
Kraken Futures PF_TUSD
Gate T_USDT
Bitget TUSDT
Variational Omni T
Bybit TUSDT
KuCoin TUSDTM