Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.012%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$700.696% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.028%−$3 · spread now +0.012%, 7d avg +0.001%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance USUALUSDT | 0.01381 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $2.2M | $3.2M | 50x |
| Short | MEXC USUAL_USDT | 0.01381 | 0.0100 | get 0.0050% / 4h | 1h 30m | $6.1M | $262K | 100x |
Binance USUALUSDT
MEXC USUAL_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: +0.012% → +0.001%
- $1.06
- Slippage, 4 orders
- −$55.65
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$68.59
- Costs to cover
- 0.696%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; MEXC: live order book, 3 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 | 2.53 bp | 22.9 bp −$23 | 142.2 bp −$1,422 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 4.71 bp | 12.2 bp −$12 | 142.3 bp −$1,423 | 854.3 bp −$85.4K | doesn't fit |
USUAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.5000% | 1h | 0.01367 | −0.981% | $6K | $3K | 5.5x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01381 | +0.034% | $392K | $188K | 3x | as long as short |
| Binance USUALUSDTlong | +0.0100% | 4h | 0.01381 | long leg | $2.2M | $3.2M | 50x | |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01381 | +0.026% | $1.0M | $776K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01382 | +0.106% | $935K | $107K | 50x | as long as short |
| MEXC USUAL_USDTshort | +0.0100% | 4h | 0.01381 | +0.012% | $6.1M | $262K | 100x | |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01382 | +0.106% | $265K | $62K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01382 | +0.106% | $798K | $402K | 50x | as long as short |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01381 | +0.012% | — | $1.2M | — | as long as short |
| Variational Omni USUAL | +0.0100% | 4h | 0.01382 | +0.125% | $10K | $1K | — | as long as short |
Injective USUAL/USDC PERP
Hyperliquid USUAL
Bybit USUALUSDT
Gate USUAL_USDT
KuCoin USUALUSDTM
Bitget USUALUSDT
BingX USUAL-USDT
Variational Omni USUALShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_USUALUSD | +0.0141% | 1h | 0.01380 | −0.049% | $109K | $19K | 10x | as long as short |
Kraken Futures PF_USUALUSD