Funding you earn now, next payment 00:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.46 per $10,000 · paid last 24h −0.018%
Price spread now: MEXC against BingX−0.054%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$810.811% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 7 days+0.093%+$9 · spread now −0.054%, 7d avg −0.005%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.049% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.005%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ACT-USDT | 0.01101 | 0.0192 | pay 0.0096% / 4h | 1h 40m | — | $1.3M | — |
| Short | MEXC ACT_USDT | 0.01100 | 0.0100 | get 0.0050% / 4h | 1h 40m | $6.4M | $110K | 20x |
BingX ACT-USDT
MEXC ACT_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
- −$19.32
- Price spread: −0.054% → −0.005%
- −$4.91
- Slippage, 4 orders
- −$67.05
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$105.28
- Costs to cover
- 0.811%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; MEXC: live order book, 2 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, 5 min ago | 3.64 bp | 19.9 bp −$20 | 117.5 bp −$1,175 | 631.4 bp −$63.1K | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.37 bp | 30.0 bp −$30 | 55.7 bp −$557 | 111.4 bp −$11.1K | 298.9 bp −$149.4K |
ACT 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ACTUSDT | +0.0100% | 4h | 0.01100 | −0.064% | $2.1M | $2.2M | 10x | as long as short |
| Bybit ACTUSDT | +0.0100% | 4h | 0.01103 | +0.145% | $578K | $343K | 25x | as long as short |
| Gate ACT_USDT | +0.0100% | 4h | 0.01099 | −0.182% | $142K | $82K | 25x | as long as short |
| MEXC ACT_USDTshort | +0.0100% | 4h | 0.01100 | −0.054% | $6.4M | $110K | 20x | |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01101 | 0.000% | $261K | $92K | 10x | as long as short |
| BingX ACT-USDTlong | +0.0192% | 4h | 0.01101 | long leg | — | $1.3M | — | |
| OKX ACT-USDT-SWAP | +0.0207% | 4h | 0.01102 | +0.054% | $780K | $1.4M | 10x | as long as short |
Binance ACTUSDT
Bybit ACTUSDT
Gate ACT_USDT
Bitget ACTUSDT
OKX ACT-USDT-SWAP