Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.015%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$600.597% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.015%+$2 · spread now −0.015%, 7d avg −0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WUSDT | 0.01176 | 0.0100 | pay 0.0050% / 4h | 1h 07m | $3.0M | $4.5M | 50x |
| Short | MEXC W_USDT | 0.01176 | 0.0100 | get 0.0050% / 4h | 1h 07m | $12.3M | $1.2M | 50x |
Binance WUSDT
MEXC W_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: −0.015% → −0.002%
- −$1.35
- Slippage, 4 orders
- −$45.71
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$61.06
- Costs to cover
- 0.597%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 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, 8 min ago | 0.43 bp | 18.4 bp −$18 | 102.5 bp −$1,025 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.85 bp | 8.6 bp −$9 | 57.0 bp −$570 | 93.4 bp −$9,339 | 189.3 bp −$94.6K |
W on 17 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0090% | 1h | 0.01175 | −0.083% | $14K | $4K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.808% | $1K | $1K | 12x | as long as short |
| OKX W-USDT-SWAP | +0.0039% | 4h | 0.01176 | −0.007% | $1.3M | $1.3M | 20x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01177 | +0.087% | $2.0M | $257K | 5x | as long as short |
| Binance WUSDTlong | +0.0100% | 4h | 0.01176 | long leg | $3.0M | $4.5M | 50x | |
| Bybit WUSDT | +0.0100% | 4h | 0.01174 | −0.143% | $4.1M | $1.5M | 50x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01177 | +0.070% | $435K | $172K | 75x | as long as short |
| MEXC W_USDTshort | +0.0100% | 4h | 0.01176 | −0.015% | $12.3M | $1.2M | 50x | |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01173 | −0.253% | $382K | $176K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01176 | +0.002% | $1.3M | $556K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
OKX W-USDT-SWAP
Hyperliquid W
Bybit WUSDT
Gate W_USDT
KuCoin WUSDTM
Bitget WUSDTShow all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01174 | −0.143% | — | $6.6M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01171 | −0.448% | $69K | $20K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01174 | −0.168% | $126K | $365K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01176 | −0.029% | $59K | $395K | 5x | as long as short |
| Backpack W_USDC_PERP | +0.0179% | 1h | 0.01176 | +0.036% | $45K | $48K | 15x | as long as short |
| Coinbase International W-PERP-INTX | +0.0640% | 1h | 0.01179 | +0.299% | $13K | $11K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.0883% | 1h | 0.01179 | +0.241% | $147K | $48K | 20x | as long as short |
BingX W-USDT
Variational Omni W
GRVT W_USDT_Perp
Extended W-USD
Backpack W_USDC_PERP
Coinbase International W-PERP-INTX
Kraken Futures PF_WUSD