Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against MEXC−0.025%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1491.493% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.173%+$17 · spread now −0.025%, 7d avg −0.023%
=Together, before fees+0.169%+ Points / potential airdropExtended: Active · farm board+$17 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC W_USDT | 0.01171 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $12.8M | $1.8M | 50x |
| Short | Extended W-USD | 0.01171 | 0.0104 | get 0.0013% / 1h | 0m 53s | $59K | $276K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.025% → −0.023%
- −$0.17
- Slippage, 4 orders
- −$140.31
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$148.65
- Costs to cover
- 1.493%
- Break-even
- 1245.7 days
Slippage from MEXC: live order book, 2 min ago; Extended: live order book, 22 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, 2 min ago | 3.85 bp | 7.9 bp −$8 | 52.3 bp −$523 | 91.4 bp −$9,136 | 183.2 bp −$91.6K |
| Sell Extended live order book, 22 min ago | 1.70 bp | 58.1 bp −$58 | 342.1 bp −$3,421 | 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 | −0.0604% | 1h | 0.01171 | −0.051% | $17K | $1K | 10x | as long as short |
| OKX W-USDT-SWAP | −0.0058% | 4h | 0.01170 | −0.111% | $1.3M | $2.1M | 20x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +3.236% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01171 | −0.009% | $2.0M | $450K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01171 | −0.004% | $3.0M | $7.1M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01168 | −0.231% | $4.1M | $2.0M | 50x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01170 | −0.094% | $444K | $301K | 75x | as long as short |
| MEXC W_USDTlong | +0.0100% | 4h | 0.01171 | long leg | $12.8M | $1.8M | 50x | |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01167 | −0.350% | $414K | $217K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01171 | −0.009% | $1.3M | $585K | 50x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01170 | −0.085% | — | $6.9M | — | as long as short |
| Backpack W_USDC_PERP | +0.0100% | 1h | 0.01171 | +0.017% | $44K | $47K | 15x | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01169 | −0.192% | $71K | $42K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01169 | −0.177% | $122K | $409K | 10x | as long as short |
| Extended W-USDshort | +0.0104% | 1h | 0.01171 | −0.025% | $59K | $276K | 5x | |
| Coinbase International W-PERP-INTX | +0.0296% | 1h | 0.01178 | +0.589% | $14K | $18K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.0621% | 1h | 0.01173 | +0.152% | $145K | $185K | 20x | as long as short |
MEXC W_USDT
Extended W-USD
Deribit W_USDC-PERPETUAL
OKX W-USDT-SWAP
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
Gate W_USDT
KuCoin WUSDTM
Bitget WUSDT
BingX W-USDT
Backpack W_USDC_PERP
Variational Omni W
GRVT W_USDT_Perp
Coinbase International W-PERP-INTX
Kraken Futures PF_WUSD