4

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h −0.001%

Price spread now: Binance against MEXC−0.022%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$100as in the Price arb table

costs, in and out, $10k−$970.974% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 7 days+0.030%+$3 · spread now −0.022%, 7d avg +0.004%

Together, before fees+0.026%+$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.026% cheaper against MEXC than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.004%). If the spread goes back, that is −$3 on $10k: about 8.7 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC 4_USDT	0.02233	0.0348	pay 0.0174% / 4h	2h 08m	$2.1M	$816K	100x
Short	Binance 4USDT	0.02233	0.0358	get 0.0179% / 4h	2h 08m	$8.7M	$10.4M	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BinancebpOrdersPrice spread, now −0.022%Rate

Funding earned: $2.11
Price spread: −0.022% → +0.004%: −$2.62
Slippage, 4 orders: −$83.41
Fee MEXC: 2 bp × 2 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Net: −$97.92
Costs to cover: 0.974%
Break-even: 332.1 days

Slippage from MEXC: live order book, 8 min ago; Binance: live order book, 2 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, 8 min ago	4.46 bp	17.3 bp −$17	107.3 bp −$1,073	239.8 bp −$24.0K	doesn't fit
Sell Binance live order book, 2 min ago	2.45 bp	34.4 bp −$34	157.0 bp −$1,570	doesn't fit	doesn't fit

4 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
Variational Omni 4	+0.0100%	4h	0.02233	−0.005%	$54K	$9K	—	as long as short
SunX 4-USDT	+0.0100%	4h	0.02239	+0.269%	$2K	$968K	20x	as long as short
MEXC 4_USDTlong	+0.0348%	4h	0.02233	long leg	$2.1M	$816K	100x
Binance 4USDTshort	+0.0358%	4h	0.02233	−0.022%	$8.7M	$10.4M	20x
Aster 4USDT	+0.0430%	4h	0.02232	−0.050%	$254K	$92K	5x	as long as short
Gate 4_USDT	+0.0532%	4h	0.02232	−0.058%	$609K	$230K	20x	as long as short
KuCoin 4USDTM	+0.0598%	4h	0.02230	−0.134%	$925K	$13.2M	20x	as long as short
BingX 4-USDT	+0.0614%	4h	0.02237	+0.188%	—	$1.3M	—	as long as short
Bybit 4USDT	+0.0653%	4h	0.02231	−0.076%	$3.0M	$1.6M	5x	as long as short