Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance0.000%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$180.181% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days0.000%$0 · spread now 0.000%, 7d avg 0.000%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance USDCUSDT | 0.9996 | −0.0126 | get 0.0126% / 8h | 2h 33m | $4.8M | $4.3M | 50x |
| Short | MEXC USDC_USDT | 0.9996 | −0.0126 | pay 0.0126% / 8h | 2h 33m | $20.8M | $750K | 200x |
Binance USDCUSDT
MEXC USDC_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
- −$0.08
- Price spread: 0.000% → 0.000%
- −$0.01
- Slippage, 4 orders
- −$0.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$18.2
- Costs to cover
- 0.181%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; MEXC: live order book, 5 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, 4 min ago | 0.00 bp | 5.0 bp −$5 | 5.0 bp −$50 | 5.7 bp −$573 | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.05 bp | 4.1 bp −$4 | 4.1 bp −$41 | 4.1 bp −$413 | 4.6 bp −$2,293 |
USDC 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USDCUSDTM | −0.0153% | 8h | 0.9990 | −0.054% | $2.5M | $20K | 30x | as long as short |
| MEXC USDC_USDTshort | −0.0126% | 8h | 0.9996 | 0.000% | $20.8M | $750K | 200x | |
| Binance USDCUSDTlong | −0.0126% | 8h | 0.9996 | long leg | $4.8M | $4.3M | 50x | |
| Bitget USDCUSDT | −0.0107% | 8h | 0.9994 | −0.018% | $4.3M | $8K | 50x | as long as short |
| Kraken Futures PF_USDCUSD | −0.0068% | 1h | 0.9998 | +0.017% | $14K | $924 | 50x | as long as short |
| Bybit USDCUSDT | 0.0000% | 8h | 1.0000 | +0.042% | $9.5M | $280K | 50x | as long as short |
| OKX USDC-USDT-SWAP | 0.0000% | 8h | 1.0000 | +0.041% | $1.1M | $41K | 50x | as long as short |
| Gate USDC_USDT | +0.0080% | 8h | 0.9992 | −0.038% | $253K | $39K | 50x | as long as short |
KuCoin USDCUSDTM
Bitget USDCUSDT
Kraken Futures PF_USDCUSD
Bybit USDCUSDT
OKX USDC-USDT-SWAP
Gate USDC_USDT