Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Binance+0.062%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1431.428% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now +0.062%, 7d avg +0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.040% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUSDT | 1.4557 | 0.1313 | pay 0.0656% / 4h | 24m 07s | $5.5M | $4.8M | 10x |
| Short | MEXC M_USDT | 1.4566 | 0.1312 | get 0.0656% / 4h | 24m 07s | $247K | $112K | 50x |
Binance MUSDT
MEXC M_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
- −$0.2
- Price spread: +0.062% → +0.022%
- $4.03
- Slippage, 4 orders
- −$128.81
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$138.99
- Costs to cover
- 1.428%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; MEXC: live order book, 35 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, 14 min ago | 2.03 bp | 52.1 bp −$52 | 376.0 bp −$3,760 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 35 min ago | 1.73 bp | 18.5 bp −$19 | 43.6 bp −$436 | 98.9 bp −$9,886 | doesn't fit |
M 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4560 | +0.021% | $4.6M | $2.3M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4538 | −0.131% | $2.0M | $941K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4583 | +0.179% | $1.9M | $364K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4579 | +0.153% | $90K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4570 | +0.089% | $2K | $596 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4593 | +0.247% | $2K | $622K | 20x | as long as short |
| Aster MUSDT | +0.0919% | 4h | 1.4579 | +0.153% | $15K | $116K | 5x | as long as short |
| BingX M-USDT | +0.1222% | 4h | 1.4561 | +0.027% | — | $2.4M | — | as long as short |
| MEXC M_USDTshort | +0.1312% | 4h | 1.4566 | +0.062% | $247K | $112K | 50x | |
| Binance MUSDTlong | +0.1313% | 4h | 1.4557 | long leg | $5.5M | $4.8M | 10x |
Bybit MUSDT
Gate M_USDT
Bitget MUSDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
BingX M-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.1346% | 4h | 1.4580 | +0.158% | $357K | $430K | 10x | as long as short |
| KuCoin MUSDTM | +0.1526% | 4h | 1.4416 | −0.969% | $1.4M | $4.3M | 10x | as long as short |
BloFin M-USDT
KuCoin MUSDTM