Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.015%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$700.700% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.004%$0 · spread now +0.015%, 7d avg −0.001%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC USUAL_USDT | 0.01377 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $6.0M | $249K | 100x |
| Short | Binance USUALUSDT | 0.01377 | 0.0100 | get 0.0050% / 4h | 3h 29m | $2.2M | $3.0M | 50x |
MEXC USUAL_USDT
Binance USUALUSDTFunding 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: +0.015% → −0.001%
- $1.59
- Slippage, 4 orders
- −$55.99
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$68.39
- Costs to cover
- 0.700%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Binance: live order book, 6 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, 3 min ago | 2.54 bp | 10.6 bp −$11 | 143.1 bp −$1,431 | 901.2 bp −$90.1K | doesn't fit |
| Sell Binance live order book, 6 min ago | 3.62 bp | 23.6 bp −$24 | 117.5 bp −$1,175 | doesn't fit | doesn't fit |
USUAL on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.4152% | 1h | 0.01375 | −0.123% | $6K | $3K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0125% | 1h | 0.01376 | −0.077% | $110K | $21K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01377 | +0.022% | $390K | $179K | 3x | as long as short |
| Binance USUALUSDTshort | +0.0100% | 4h | 0.01377 | +0.015% | $2.2M | $3.0M | 50x | |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01377 | +0.029% | $1.0M | $737K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01378 | +0.094% | $932K | $94K | 50x | as long as short |
| MEXC USUAL_USDTlong | +0.0100% | 4h | 0.01377 | long leg | $6.0M | $249K | 100x | |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01379 | +0.167% | $262K | $47K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01378 | +0.094% | $761K | $408K | 50x | as long as short |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01378 | +0.073% | — | $1.2M | — | as long as short |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Bybit USUALUSDT
Gate USUAL_USDT
KuCoin USUALUSDTM
Bitget USUALUSDT
BingX USUAL-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01378 | +0.067% | $10K | $1K | — | as long as short |
Variational Omni USUAL