Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.007%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$600.596% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now +0.007%, 7d avg −0.001%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WUSDT | 0.01177 | 0.0100 | pay 0.0050% / 4h | 1h 13m | $2.9M | $6.9M | 50x |
| Short | MEXC W_USDT | 0.01177 | 0.0100 | get 0.0050% / 4h | 1h 13m | $12.8M | $1.4M | 50x |
Binance WUSDT
MEXC W_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
- Price spread: +0.007% → −0.001%
- $0.73
- Slippage, 4 orders
- −$45.58
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$58.85
- Costs to cover
- 0.596%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 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, 10 min ago | 1.70 bp | 26.2 bp −$26 | 116.4 bp −$1,164 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.27 bp | 5.8 bp −$6 | 51.4 bp −$514 | 79.6 bp −$7,959 | 163.2 bp −$81.6K |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0598% | 1h | 0.01178 | +0.049% | $17K | $1K | 10x | as long as short |
| OKX W-USDT-SWAP | −0.0099% | 4h | 0.01176 | −0.061% | $1.3M | $2.0M | 20x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.708% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01178 | +0.075% | $2.0M | $427K | 5x | as long as short |
| Binance WUSDTlong | +0.0100% | 4h | 0.01177 | long leg | $2.9M | $6.9M | 50x | |
| Bybit WUSDT | +0.0100% | 4h | 0.01176 | −0.104% | $4.1M | $1.9M | 50x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01177 | −0.044% | $444K | $293K | 75x | as long as short |
| MEXC W_USDTshort | +0.0100% | 4h | 0.01177 | +0.007% | $12.8M | $1.4M | 50x | |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01180 | +0.244% | $470K | $251K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01177 | −0.010% | $1.3M | $578K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
OKX W-USDT-SWAP
Injective W/USDC PERP
Hyperliquid W
Bybit WUSDT
Gate W_USDT
KuCoin WUSDTM
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01177 | +0.024% | — | $6.9M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01175 | −0.159% | $71K | $42K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01177 | −0.019% | $129K | $385K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01177 | −0.020% | $59K | $276K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0240% | 1h | 0.01181 | +0.304% | $14K | $17K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.0382% | 1h | 0.01180 | +0.244% | $44K | $47K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.0397% | 1h | 0.01180 | +0.232% | $146K | $182K | 20x | as long as short |
BingX W-USDT
Variational Omni W
GRVT W_USDT_Perp
Extended W-USD
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD