Funding you earn now, next payment 07:00 UTC−0.1024%/8h= −112.1% APRpaid last 24h +0.104%
Price spread now: tradeXYZ against MEXC+0.271%7-day average +0.171% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$202as in the Price arb table
costs, in and out, $10k−$2132.125% of the position
Funding, last 7 days+0.334%+$33 on $10k
+Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.271%, 7d avg +0.171%
=Together, before fees+0.223%+ Points / potential airdroptradeXYZ: Active · farm board+$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.101% dearer against MEXC than usual: you sell high and buy low (spread +0.271% now, against its 7-day average of +0.171%): +$10 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 8 hours. Mind the row above: over the last 7 days funding on this pair paid +0.334%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.334% in total (about 17.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BBSTOCK_USDT | 8.5500 | 0.0580 | pay 0.0580% / 8h | 1h 38m | $311K | $107K | 50x |
| Short | tradeXYZ xyz:BB | 8.5732 | −0.0444 | pay 0.0055% / 1h | 38m 05s | $10.9M | $3.1M | 10x |
MEXC BBSTOCK_USDT
tradeXYZ xyz:BBFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$215
- Price spread: +0.271% → +0.171%
- $10.06
- Slippage, 4 orders
- −$194.55
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$417.49
- Costs to cover
- 2.125%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 52 min ago; tradeXYZ: live order book, 11 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 MEXC live order book, 52 min ago | 5.84 bp | 94.6 bp −$95 | 201.6 bp −$2,016 | 237.6 bp −$23.8K | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 2.85 bp | 29.9 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
BB on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BBshort | −0.0444% | 1h | 8.5732 | +0.271% | $10.9M | $3.1M | 10x | |
| Extended BB-USD | −0.0424% | 1h | 8.5724 | +0.262% | $9K | $11K | 10x | as long as short |
| Bitget BBSTOCKUSDT | 0.0000% | 8h | 8.5570 | +0.082% | $49K | $16K | 20x | as long as short |
| Vest BB-USD-PERP | +0.0046% | 1h | 8.5600 | +0.117% | — | $875 | 10x | as long as short |
| Ondo Perps BB-USD.P | +0.0050% | 1h | 8.5415 | −0.099% | $491K | $440K | 10x | as long as short |
| QFEX BB-USD | +0.0080% | 1h | 8.5500 | 0.000% | $1.1M | $174K | 10x | as long as short |
| OKX BB-USDT-SWAP | +0.0400% | 8h | 8.5640 | +0.164% | $203K | $535K | 20x | as long as short |
| MEXC BBSTOCK_USDTlong | +0.0580% | 8h | 8.5500 | long leg | $311K | $107K | 50x | |
| Lighter BB | +0.0816% | 1h | 8.5708 | +0.243% | $188K | $147K | 10x | as long as short |
Extended BB-USD
Bitget BBSTOCKUSDT
Vest BB-USD-PERP
Ondo Perps BB-USD.P
QFEX BB-USD
OKX BB-USDT-SWAP
Lighter BB