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: Binance against MEXC+0.067%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1021.020% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 7 days−0.086%−$9 · spread now +0.067%, 7d avg −0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.068% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PUNDIX_USDT | 0.1193 | 0.0100 | pay 0.0050% / 4h | 3h 51m | $2.4M | $104K | 50x |
| Short | Binance PUNDIXUSDT | 0.1194 | 0.0100 | get 0.0050% / 4h | 3h 51m | $1.4M | $1.8M | 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
- $0
- Price spread: +0.067% → −0.001%
- $6.83
- Slippage, 4 orders
- −$87.98
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$95.14
- Costs to cover
- 1.020%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 6 min ago; Binance: live order book, 13 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, 6 min ago | 2.51 bp | 14.5 bp −$15 | 68.4 bp −$684 | 172.0 bp −$17.2K | doesn't fit |
| Sell Binance live order book, 13 min ago | 4.20 bp | 36.2 bp −$36 | 156.1 bp −$1,561 | doesn't fit | doesn't fit |
PUNDIX on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX PUNDIX-USDT | +0.0070% | 4h | 0.1195 | +0.126% | — | $1.2M | — | as long as short |
| Binance PUNDIXUSDTshort | +0.0100% | 4h | 0.1194 | +0.067% | $1.4M | $1.8M | 50x | |
| Bybit PUNDIXUSDT | +0.0100% | 4h | 0.1196 | +0.184% | $777K | $402K | 20x | as long as short |
| Gate PUNDIX_USDT | +0.0100% | 4h | 0.1192 | −0.126% | $37K | $7K | 20x | as long as short |
| MEXC PUNDIX_USDTlong | +0.0100% | 4h | 0.1193 | long leg | $2.4M | $104K | 50x | |
| Bitget PUNDIXUSDT | +0.0100% | 4h | 0.1195 | +0.134% | $237K | $233K | 20x | as long as short |
| Variational Omni PUNDIX | +0.0100% | 4h | 0.1196 | +0.211% | $1K | $60K | — | as long as short |
MEXC PUNDIX_USDT
Binance PUNDIXUSDT
BingX PUNDIX-USDT
Bybit PUNDIXUSDT
Gate PUNDIX_USDT
Bitget PUNDIXUSDT
Variational Omni PUNDIX