Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Binance−0.006%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1201.199% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 7 days+0.002%$0 · spread now −0.006%, 7d avg +0.008%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance USUSDT | 0.01633 | 0.0281 | pay 0.0141% / 4h | 3h 23m | $9.1M | $3.2M | 10x |
| Short | MEXC US_USDT | 0.01632 | 0.0282 | get 0.0141% / 4h | 3h 23m | $5.5M | $114K | 100x |
Binance USUSDT
MEXC US_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
- $0.16
- Price spread: −0.006% → +0.008%
- −$1.43
- Slippage, 4 orders
- −$105.92
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$121.19
- Costs to cover
- 1.199%
- Break-even
- 5186.1 days
Slippage from Binance: live order book, 1 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, 1 min ago | 1.84 bp | 51.5 bp −$51 | 380.5 bp −$3,805 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.84 bp | 12.2 bp −$12 | 15.5 bp −$155 | 257.4 bp −$25.7K | doesn't fit |
US on 11 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 USUSDT | +0.0100% | 4h | 0.01634 | +0.067% | $3.2M | $935K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01630 | −0.178% | $2.0M | $593K | 20x | as long as short |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01626 | −0.423% | $4.0M | $334K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01634 | +0.067% | $16K | $3K | — | as long as short |
| Extended US-USD | +0.0280% | 1h | 0.01632 | −0.048% | $7K | $113K | 5x | as long as short |
| Binance USUSDTlong | +0.0281% | 4h | 0.01633 | long leg | $9.1M | $3.2M | 10x | |
| MEXC US_USDTshort | +0.0282% | 4h | 0.01632 | −0.006% | $5.5M | $114K | 100x | |
| Aster USUSDT | +0.0282% | 4h | 0.01631 | −0.074% | $12K | $54K | 5x | as long as short |
| BloFin US-USDT | +0.0312% | 4h | 0.01632 | −0.037% | $479K | $49K | 10x | as long as short |
| BingX US-USDT | +0.0472% | 4h | 0.01633 | +0.037% | — | $1.3M | — | as long as short |
Bybit USUSDT
Gate US_USDT
KuCoin USUSDTM
Variational Omni US
Extended US-USD
Aster USUSDT
BloFin US-USDT
BingX US-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USUSDT | +0.0488% | 4h | 0.01634 | +0.104% | $4.3M | $259K | 10x | as long as short |
Bitget USUSDT