BTC funding arbitrage: mexc vs phoenix

Long BTC_USDC on mexc against short BTC on phoenix.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongmexcBTC_USDC0.0094% / 8h+10.29%$99.55M$340.70M
ShortphoenixBTC0.0031% / 1h+26.77%$5.08M$3.43M

Funding spread +16.48% APR. Price spread +0.1425%.

Data generated at 2026-09-01T05:32:26Z. Live numbers load on this page automatically.