Funding you earn now, next payment 04:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against MEXC−0.025%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$450.450% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)+0.351%+$35 · spread now −0.025%, 7d avg +0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.028% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LA_USDT | 0.07418 | −0.0374 | get 0.0187% / 4h | 1h 10m | $378K | $138K | 50x |
| Short | Binance LAUSDT | 0.07416 | −0.0376 | pay 0.0188% / 4h | 1h 10m | $4.7M | $9.8M | 25x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.38
- Price spread: −0.025% → +0.003%
- −$2.84
- Slippage, 4 orders
- −$31.01
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$48.23
- Costs to cover
- 0.450%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 35 min ago; Binance: live order book, 14 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, 35 min ago | 0.67 bp | 8.3 bp −$8 | 37.1 bp −$371 | 349.5 bp −$35.0K | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.35 bp | 14.4 bp −$14 | 43.4 bp −$434 | doesn't fit | doesn't fit |
LA on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LAUSDTM | −0.1054% | 4h | 0.07414 | −0.054% | $1.0M | $87K | 30x | as long as short |
| Gate LA_USDT | −0.0728% | 4h | 0.07418 | 0.000% | $239K | $840K | 50x | as long as short |
| OKX LA-USDT-SWAP | −0.0565% | 4h | 0.07414 | −0.054% | $1.3M | $3.1M | 20x | as long as short |
| BingX LA-USDT | −0.0550% | 4h | 0.07416 | −0.027% | — | $6.6M | — | as long as short |
| Aster LAUSDT | −0.0512% | 4h | 0.07416 | −0.031% | $51K | $24K | 5x | as long as short |
| Bitget LAUSDT | −0.0446% | 4h | 0.07410 | −0.108% | $2.0M | $500K | 25x | as long as short |
| BloFin LA-USDT | −0.0425% | 4h | 0.07405 | −0.175% | $248K | $20K | 25x | as long as short |
| Binance LAUSDTshort | −0.0376% | 4h | 0.07416 | −0.025% | $4.7M | $9.8M | 25x | |
| MEXC LA_USDTlong | −0.0374% | 4h | 0.07418 | long leg | $378K | $138K | 50x | |
| Bybit LAUSDT | +0.0100% | 4h | 0.07415 | −0.040% | $2.3M | $2.6M | 25x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07410 | −0.108% | $139K | $468K | 10x | as long as short |
MEXC LA_USDT
Binance LAUSDT
KuCoin LAUSDTM
Gate LA_USDT
OKX LA-USDT-SWAP
BingX LA-USDT
Aster LAUSDT
Bitget LAUSDT
BloFin LA-USDT
Bybit LAUSDT
GRVT LA_USDT_Perp