Funding you earn now, next payment 23:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.01 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against MEXC−0.296%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$780.781% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 7 days+0.308%+$31 · spread now −0.296%, 7d avg −0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.287% cheaper against MEXC than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ONE_USDT | 0.004353 | −0.1704 | get 0.0213% / 1h | 17m 39s | $11.0M | $16.8M | 20x |
| Short | Binance ONEUSDT | 0.004340 | −0.1697 | pay 0.0212% / 1h | 17m 39s | $14.5M | $360.9M | 50x |
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
- $1.48
- Price spread: −0.296% → −0.010%
- −$28.66
- Slippage, 4 orders
- −$64.12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$105.3
- Costs to cover
- 0.781%
- Break-even
- 505.6 days
Slippage from MEXC: live order book, 1 min ago; Binance: live order book, 11 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, 1 min ago | 0.12 bp | 18.5 bp −$19 | 67.7 bp −$677 | 262.9 bp −$26.3K | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.58 bp | 18.8 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
ONE on 9 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 ONEUSDTM | −1.6360% | 1h | 0.004807 | +10.422% | $5.3M | $13.0M | 30x | as long as short |
| Variational Omni ONE | −1.1979% | 1h | 0.004300 | −1.223% | $106K | $54K | — | as long as short |
| Bitget ONEUSDT | −0.4632% | 1h | 0.004353 | −0.002% | $1.8M | $37.6M | 20x | as long as short |
| BloFin ONE-USDT | −0.3809% | 1h | 0.004336 | −0.395% | $828K | $3.3M | 50x | as long as short |
| Aster ONEUSDT | −0.1820% | 1h | 0.004343 | −0.244% | $2.3M | $8.5M | 5x | as long as short |
| MEXC ONE_USDTlong | −0.1704% | 1h | 0.004353 | long leg | $11.0M | $16.8M | 20x | |
| Binance ONEUSDTshort | −0.1697% | 1h | 0.004340 | −0.296% | $14.5M | $360.9M | 50x | |
| Gate ONE_USDT | −0.0405% | 8h | 0.004332 | −0.489% | $1.8M | $16.9M | 20x | as long as short |
| BingX ONE-USDT | −0.0152% | 1h | 0.004347 | −0.142% | — | $6.6M | — | as long as short |
MEXC ONE_USDT
Binance ONEUSDT
KuCoin ONEUSDTM
Variational Omni ONE
Bitget ONEUSDT
BloFin ONE-USDT
Aster ONEUSDT
Gate ONE_USDT
BingX ONE-USDT