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: Binance against MEXC−0.002%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$730.732% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.024%+$2 · spread now −0.002%, 7d avg −0.001%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC USUAL_USDT | 0.01395 | 0.0100 | pay 0.0050% / 4h | 3h 20m | $6.1M | $256K | 100x |
| Short | Binance USUALUSDT | 0.01395 | 0.0100 | get 0.0050% / 4h | 3h 20m | $2.3M | $3.3M | 50x |
MEXC USUAL_USDT
Binance USUALUSDTFunding 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: −0.002% → −0.001%
- −$0.12
- Slippage, 4 orders
- −$59.16
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$73.28
- Costs to cover
- 0.732%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Binance: live order book, just now.
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, 2 min ago | 3.58 bp | 9.4 bp −$9 | 140.5 bp −$1,405 | 895.7 bp −$89.6K | doesn't fit |
| Sell Binance live order book, just now | 5.02 bp | 26.7 bp −$27 | 114.8 bp −$1,148 | doesn't fit | 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 | 0.01388 | −0.495% | $6K | $3K | 5.5x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01395 | +0.007% | $403K | $189K | 3x | as long as short |
| Binance USUALUSDTshort | +0.0100% | 4h | 0.01395 | −0.002% | $2.3M | $3.3M | 50x | |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01397 | +0.179% | $1.1M | $792K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01396 | +0.079% | $943K | $111K | 50x | as long as short |
| MEXC USUAL_USDTlong | +0.0100% | 4h | 0.01395 | long leg | $6.1M | $256K | 100x | |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01395 | +0.007% | $257K | $62K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01395 | +0.007% | $812K | $398K | 50x | as long as short |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01395 | +0.007% | — | $1.2M | — | as long as short |
| Variational Omni USUAL | +0.0100% | 4h | 0.01396 | +0.069% | $11K | $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 | +0.0276% | 1h | 0.01395 | −0.004% | $110K | $21K | 10x | as long as short |
Kraken Futures PF_USUALUSD