Funding you earn now, next payment 08:00 UTC−0.0386%/8h= −42.3% APRnext payment −$1.93 per $10,000 · paid last 24h −0.092%
Price spread now: Binance against MEXC+0.003%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$800.804% of the position
Funding, last 7 days−0.633%−$63 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.003%, 7d avg +0.003%
=The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC RED_USDT | 0.1547 | 0.0486 | pay 0.0243% / 4h | 3h 28m | $519K | $168K | 20x |
| Short | Binance REDUSDT | 0.1547 | 0.0100 | get 0.0050% / 4h | 3h 28m | $2.3M | $4.1M | 50x |
MEXC RED_USDT
Binance REDUSDTFunding 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
- −$81.06
- Price spread: +0.003% → +0.003%
- $0
- Slippage, 4 orders
- −$66.4
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$161.46
- Costs to cover
- 0.804%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 16 min ago; Binance: live order book, 9 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, 16 min ago | 6.43 bp | 8.4 bp −$8 | 40.7 bp −$407 | 206.3 bp −$20.6K | 492.1 bp −$246.0K |
| Sell Binance live order book, 9 min ago | 3.22 bp | 30.4 bp −$30 | 116.6 bp −$1,166 | doesn't fit | doesn't fit |
RED on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster REDUSDT | +0.0100% | 4h | 0.1552 | +0.331% | $28K | $36K | 5x | as long as short |
| Binance REDUSDTshort | +0.0100% | 4h | 0.1547 | +0.003% | $2.3M | $4.1M | 50x | |
| Bybit REDUSDT | +0.0100% | 4h | 0.1549 | +0.110% | $2.0M | $1.9M | 25x | as long as short |
| Gate RED_USDT | +0.0100% | 4h | 0.1553 | +0.388% | $355K | $95K | 25x | as long as short |
| Bitget REDUSDT | +0.0100% | 4h | 0.1551 | +0.259% | $746K | $294K | 20x | as long as short |
| Variational Omni RED | +0.0100% | 4h | 0.1550 | +0.218% | $26K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1585 | +2.456% | $2K | $797K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1548 | +0.035% | $31 | — | 5x | as long as short |
| BloFin RED-USDT | +0.0155% | 4h | 0.1550 | +0.175% | $222K | $5K | 25x | as long as short |
| MEXC RED_USDTlong | +0.0486% | 4h | 0.1547 | long leg | $519K | $168K | 20x |
Aster REDUSDT
Bybit REDUSDT
Gate RED_USDT
Bitget REDUSDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD
BloFin RED-USDT