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: MEXC against Binance−0.118%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1461.462% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.247%+$25 · spread now −0.118%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.111% cheaper against Binance than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ONUSDT | 0.1365 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $5.9M | $3.9M | 50x |
| Short | MEXC ON_USDT | 0.1363 | 0.0100 | get 0.0050% / 4h | 2h 43m | $1.1M | $402K | 50x |
Binance ONUSDT
MEXC ON_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: −0.118% → −0.007%
- −$11.12
- Slippage, 4 orders
- −$128.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$157.35
- Costs to cover
- 1.462%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; MEXC: live order book, 7 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, 9 min ago | 3.68 bp | 38.1 bp −$38 | 251.0 bp −$2,510 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 7 min ago | 3.68 bp | 33.1 bp −$33 | 123.8 bp −$1,238 | 359.6 bp −$36.0K | 739.0 bp −$369.5K |
ON on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ONUSDTlong | +0.0100% | 4h | 0.1365 | long leg | $5.9M | $3.9M | 50x | |
| Gate ON_USDT | +0.0100% | 4h | 0.1358 | −0.506% | $303K | $33K | 5x | as long as short |
| MEXC ON_USDTshort | +0.0100% | 4h | 0.1363 | −0.118% | $1.1M | $402K | 50x | |
| KuCoin ONUSDTM | +0.0100% | 4h | 0.1360 | −0.330% | $750K | $53K | 50x | as long as short |
| BingX ON-USDT | +0.0100% | 4h | 0.1365 | +0.029% | — | $6.6M | — | as long as short |
| Variational Omni ON | +0.0100% | 4h | 0.1362 | −0.170% | $25K | $7K | — | as long as short |
| edgeX ONUSDC | +0.0120% | 4h | 0.1362 | −0.180% | $8K | $134K | 10x | as long as short |
| Aster ONUSDT | +0.0300% | 4h | 0.1358 | −0.490% | $443K | $30K | 5x | as long as short |
Gate ON_USDT
KuCoin ONUSDTM
BingX ON-USDT
Variational Omni ON
edgeX ONUSDC
Aster ONUSDT