Funding you earn now, next payment 12:00 UTC+0.1666%/8h= +182.5% APRnext payment +$8.33 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX−0.467%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$277as in the Funding arb table
Net, price: spread back to 7d avg − costs−$324as in the Price arb table
costs, in and out, $10k−$2812.805% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 7 days+0.339%+$34 · spread now −0.467%, 7d avg −0.034%
=Funding pays, the price is against you. MEXC is 0.433% cheaper against BingX than usual: you would sell low and buy high (spread −0.467% now, against its 7-day average of −0.034%). If the spread goes back, that is −$43 on $10k: about 21 hours of funding at the current rate (+$50 a day). At the pace of the last 7 days (+0.031% in total) that is about 3 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.031% in total (about 1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.33 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 4STOCK-USDT | 0.01285 | 0.0176 | pay 0.0088% / 4h | 3h 57m | — | $1.2M | — |
| Short | MEXC 4STOCK_USDT | 0.01279 | 0.1842 | get 0.0921% / 4h | 3h 57m | $814K | $1.7M | 20x |
BingX 4STOCK-USDT
MEXC 4STOCK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BingX. 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
- $349.94
- Price spread: −0.467% → −0.034%
- −$43.26
- Slippage, 4 orders
- −$250.55
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 10 bp × 2 orders
- −$20
- Net
- $26.13
- Costs to cover
- 2.805%
- Break-even
- 6.5 days
Slippage from BingX: live order book, 13 min ago; MEXC: live order book, 4 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 BingX live order book, 13 min ago | 14.74 bp | 66.0 bp −$66 | 307.3 bp −$3,073 | 1084.1 bp −$108.4K | 1279.8 bp −$639.9K |
| Sell MEXC live order book, 4 min ago | 11.54 bp | 59.5 bp −$60 | 216.4 bp −$2,164 | 761.9 bp −$76.2K | doesn't fit |
4STOCK on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster 4STOCKUSDT | −0.2059% | 1h | 0.01288 | +0.210% | $49K | $125K | 5x | as long as short |
| edgeX 4STOCKUSDC | −0.1230% | 4h | 0.01299 | +1.114% | $3K | $76K | 5x | as long as short |
| BloFin 4STOCK-USDT | +0.0076% | 4h | 0.01281 | −0.311% | $87K | $220K | 10x | as long as short |
| Bybit 4STOCKUSDT | +0.0100% | 4h | 0.01282 | −0.233% | $2.8M | $10.6M | 10x | as long as short |
| Gate 4STOCK_USDT | +0.0100% | 4h | 0.01286 | +0.078% | $709K | $1.7M | 10x | as long as short |
| BingX 4STOCK-USDTlong | +0.0176% | 4h | 0.01285 | long leg | — | $1.2M | — | |
| MEXC 4STOCK_USDTshort | +0.1842% | 4h | 0.01279 | −0.467% | $814K | $1.7M | 20x |
Aster 4STOCKUSDT
edgeX 4STOCKUSDC
BloFin 4STOCK-USDT
Bybit 4STOCKUSDT
Gate 4STOCK_USDT