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−0.029%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$790.788% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days+0.027%+$3 · spread now −0.029%, 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 0.030% cheaper against MEXC than usual: you would sell low and buy high, −$3 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 W_USDT | 0.01191 | 0.0100 | pay 0.0050% / 4h | 1h 10m | $12.9M | $1.4M | 50x |
| Short | Binance WUSDT | 0.01191 | 0.0100 | get 0.0050% / 4h | 1h 10m | $3.0M | $6.6M | 50x |
MEXC W_USDT
Binance WUSDTFunding 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: −0.029% → +0.001%
- −$2.96
- Slippage, 4 orders
- −$64.82
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$81.78
- Costs to cover
- 0.788%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 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, 3 min ago | 2.94 bp | 10.9 bp −$11 | 56.4 bp −$564 | 91.2 bp −$9,120 | 177.4 bp −$88.7K |
| Sell Binance live order book, 13 min ago | 3.78 bp | 28.0 bp −$28 | 90.8 bp −$908 | doesn't fit | doesn't fit |
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 | −0.0338% | 1h | 0.01190 | −0.101% | $16K | $2K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +1.511% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01191 | 0.000% | $2.0M | $383K | 5x | as long as short |
| Binance WUSDTshort | +0.0100% | 4h | 0.01191 | −0.029% | $3.0M | $6.6M | 50x | |
| Bybit WUSDT | +0.0100% | 4h | 0.01189 | −0.176% | $4.2M | $1.9M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01189 | −0.143% | $1.3M | $1.9M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01190 | −0.084% | $450K | $254K | 75x | as long as short |
| MEXC W_USDTlong | +0.0100% | 4h | 0.01191 | long leg | $12.9M | $1.4M | 50x | |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01191 | 0.000% | $385K | $214K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01190 | −0.084% | $1.3M | $583K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Bybit WUSDT
OKX W-USDT-SWAP
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 | 0.01189 | −0.126% | — | $6.8M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01189 | −0.192% | $72K | $41K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01191 | 0.000% | $126K | $413K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01190 | −0.054% | $61K | $237K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0312% | 1h | 0.01196 | +0.395% | $14K | $16K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.0702% | 1h | 0.01195 | +0.302% | $44K | $45K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1704% | 1h | 0.01193 | +0.163% | $148K | $184K | 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