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: Binance against MEXC+0.054%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as 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)−0.028%−$3 · spread now +0.054%, 7d avg −0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.060% dearer against MEXC than usual: you sell high and buy low, +$6 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 | MEXC GMT_USDT | 0.008331 | 0.0100 | pay 0.0050% / 4h | 23m 27s | $420K | $184K | 20x |
| Short | Binance GMTUSDT | 0.008335 | 0.0100 | get 0.0050% / 4h | 23m 27s | $2.7M | $3.0M | 50x |
MEXC GMT_USDT
Binance GMTUSDTFunding 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: +0.054% → −0.006%
- $5.96
- Slippage, 4 orders
- −$50.44
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$58.48
- Costs to cover
- 0.644%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 37 min ago; Binance: live order book, 12 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, 37 min ago | 2.39 bp | 9.2 bp −$9 | 56.1 bp −$561 | 268.7 bp −$26.9K | doesn't fit |
| Sell Binance live order book, 12 min ago | 2.40 bp | 24.0 bp −$24 | 89.2 bp −$892 | doesn't fit | 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 | −0.1564% | 1h | 0.008343 | +0.148% | $45K | $11K | 20x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008339 | +0.096% | $122K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008334 | +0.034% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDTshort | +0.0100% | 4h | 0.008335 | +0.054% | $2.7M | $3.0M | 50x | |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008329 | −0.024% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008330 | −0.012% | $349K | $560K | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008340 | +0.108% | $145K | $105K | 50x | as long as short |
| MEXC GMT_USDTlong | +0.0100% | 4h | 0.008331 | long leg | $420K | $184K | 20x | |
| KuCoin GMTUSDTM | +0.0100% | 4h | 0.008330 | −0.012% | $249K | $100K | 50x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008333 | +0.024% | $671K | $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 | +0.073% | $3K | $5K | — | as long as short |
| BingX GMT-USDT | +0.0200% | 4h | 0.008333 | +0.024% | — | $1.2M | — | as long as short |
Variational Omni GMT
BingX GMT-USDT