Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.135%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$970.970% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now −0.135%, 7d avg +0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.150% cheaper against MEXC than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC AXL_USDT | 0.05274 | 0.0100 | pay 0.0050% / 4h | 16m 47s | $329K | $169K | 50x |
| Short | Binance AXLUSDT | 0.05267 | 0.0100 | get 0.0050% / 4h | 16m 47s | $1.8M | $4.3M | 50x |
MEXC AXL_USDT
Binance AXLUSDTFunding 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: −0.135% → +0.015%
- −$15.03
- Slippage, 4 orders
- −$83.01
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$112.04
- Costs to cover
- 0.970%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 23 min ago; Binance: live order book, 5 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, 23 min ago | 1.92 bp | 19.1 bp −$19 | 62.8 bp −$628 | 101.0 bp −$10.1K | doesn't fit |
| Sell Binance live order book, 5 min ago | 2.86 bp | 38.1 bp −$38 | 159.5 bp −$1,595 | doesn't fit | doesn't fit |
AXL 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX AXL-USDT | +0.0070% | 4h | 0.05269 | −0.095% | — | $2.3M | — | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05264 | −0.197% | $34K | $7K | 5x | as long as short |
| Binance AXLUSDTshort | +0.0100% | 4h | 0.05267 | −0.135% | $1.8M | $4.3M | 50x | |
| Bybit AXLUSDT | +0.0100% | 4h | 0.05270 | −0.076% | $1.5M | $2.0M | 25x | as long as short |
| MEXC AXL_USDTlong | +0.0100% | 4h | 0.05274 | long leg | $329K | $169K | 50x | |
| KuCoin AXLUSDTM | +0.0100% | 4h | 0.05263 | −0.209% | $439K | $93K | 30x | as long as short |
| Bitget AXLUSDT | +0.0100% | 4h | 0.05270 | −0.076% | $575K | $312K | 50x | as long as short |
| Variational Omni AXL | +0.0100% | 4h | 0.05247 | −0.511% | $6K | $23K | — | as long as short |
| BloFin AXL-USDT | +0.0159% | 4h | 0.05264 | −0.190% | $121K | $10K | 50x | as long as short |
BingX AXL-USDT
Aster AXLUSDT
Bybit AXLUSDT
KuCoin AXLUSDTM
Bitget AXLUSDT
Variational Omni AXL
BloFin AXL-USDT