Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.023%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$640.644% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.023%, 7d avg +0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.028% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GMTUSDT | 0.008342 | 0.0100 | pay 0.0050% / 4h | 22m 30s | $2.7M | $3.0M | 50x |
| Short | MEXC GMT_USDT | 0.008340 | 0.0100 | get 0.0050% / 4h | 22m 30s | $420K | $184K | 20x |
Binance GMTUSDT
MEXC GMT_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: −0.023% → +0.006%
- −$2.85
- Slippage, 4 orders
- −$50.44
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$67.28
- Costs to cover
- 0.644%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; MEXC: live order book, 38 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, 13 min ago | 2.40 bp | 20.7 bp −$21 | 106.6 bp −$1,066 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 38 min ago | 2.39 bp | 10.5 bp −$10 | 40.5 bp −$405 | 243.7 bp −$24.4K | doesn't fit |
GMT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1565% | 1h | 0.008339 | −0.037% | $45K | $11K | 20x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008346 | +0.049% | $123K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008340 | −0.029% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDTlong | +0.0100% | 4h | 0.008342 | long leg | $2.7M | $3.0M | 50x | |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008334 | −0.095% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008339 | −0.035% | $349K | $561K | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008340 | −0.023% | $145K | $105K | 50x | as long as short |
| MEXC GMT_USDTshort | +0.0100% | 4h | 0.008340 | −0.023% | $420K | $184K | 20x | |
| KuCoin GMTUSDTM | +0.0100% | 4h | 0.008330 | −0.143% | $249K | $100K | 50x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008340 | −0.023% | $672K | $398K | 50x | as long as short |
Kraken Futures PF_GMTUSD
Hyperliquid GMT
Aster GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Gate GMT_USDT
KuCoin GMTUSDTM
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GMT | +0.0100% | 8h | 0.008337 | −0.058% | $3K | $5K | — | as long as short |
| BingX GMT-USDT | +0.0200% | 4h | 0.008342 | +0.001% | — | $1.2M | — | as long as short |
Variational Omni GMT
BingX GMT-USDT