Funding you earn now, next payment 04:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.05 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.062%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$390.388% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.015%−$1 · spread now −0.062%, 7d avg −0.024%
=Funding pays, the price is against you. MEXC is 0.038% cheaper against Binance than usual: you would sell low and buy high (spread −0.062% now, against its 7-day average of −0.024%). If the spread goes back, that is −$4 on $10k: about 12 days of funding at the current rate ($0 a day). At the pace of the last 7 days (0.000% in total) that is about years.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HK1810USDT | 27.827 | 0.0697 | pay 0.0349% / 4h | 1h 24m | $9.6M | $10.5M | 25x |
| Short | MEXC HK1810_USDT | 27.810 | 0.0708 | get 0.0354% / 4h | 1h 24m | $252K | $91K | 20x |
Binance HK1810USDT
MEXC HK1810_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
- $2.23
- Price spread: −0.062% → −0.024%
- −$3.79
- Slippage, 4 orders
- −$28.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$40.31
- Costs to cover
- 0.388%
- Break-even
- 133.3 days
Slippage from Binance: live order book, 15 min ago; MEXC: live order book, 20 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, 15 min ago | 1.80 bp | 13.3 bp −$13 | 30.9 bp −$309 | 131.2 bp −$13.1K | doesn't fit |
| Sell MEXC live order book, 20 min ago | 3.62 bp | 6.1 bp −$6 | 15.4 bp −$154 | 83.3 bp −$8,332 | 263.0 bp −$131.5K |
HK1810 on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX HK1810-USDT | 0.0000% | 4h | 27.840 | +0.046% | $13K | $14K | 10x | as long as short |
| Binance HK1810USDTlong | +0.0697% | 4h | 27.827 | long leg | $9.6M | $10.5M | 25x | |
| MEXC HK1810_USDTshort | +0.0708% | 4h | 27.810 | −0.062% | $252K | $91K | 20x |
HTX HK1810-USDT