Funding you earn now, next payment 08:00 UTC−0.0072%/8h= −7.9% APRnext payment −$0.36 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against BingX0.000%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$2092.088% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days+0.067%+$7 · spread now 0.000%, 7d avg +0.039%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.039% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.039%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AIOT-USDT | 0.05025 | 0.0390 | pay 0.0195% / 4h | 3h 56m | — | $1.2M | — |
| Short | MEXC AIOT_USDT | 0.05025 | 0.0318 | get 0.0159% / 4h | 3h 56m | $1.9M | $211K | 50x |
BingX AIOT-USDT
MEXC AIOT_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
- −$15.12
- Price spread: 0.000% → +0.039%
- −$3.85
- Slippage, 4 orders
- −$194.84
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$227.81
- Costs to cover
- 2.088%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; MEXC: live order book, just now.
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, 9 min ago | 25.88 bp | 72.5 bp −$73 | 213.2 bp −$2,132 | 512.3 bp −$51.2K | doesn't fit |
| Sell MEXC live order book, just now | 2.98 bp | 27.4 bp −$27 | 98.0 bp −$980 | 137.7 bp −$13.8K | 310.8 bp −$155.4K |
AIOT on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate AIOT_USDT | +0.0100% | 4h | 0.05013 | −0.239% | $76K | $25K | 5x | as long as short |
| KuCoin AIOTUSDTM | +0.0100% | 4h | 0.05013 | −0.239% | $46K | $23K | 20x | as long as short |
| Variational Omni AIOT | +0.0100% | 4h | 0.05029 | +0.072% | $37K | $3 | — | as long as short |
| Extended AIOT-USD | +0.0304% | 1h | 0.05026 | +0.029% | $4K | $189K | 5x | as long as short |
| Binance AIOTUSDT | +0.0305% | 4h | 0.05028 | +0.058% | $2.2M | $1.1M | 20x | as long as short |
| MEXC AIOT_USDTshort | +0.0318% | 4h | 0.05025 | 0.000% | $1.9M | $211K | 50x | |
| BingX AIOT-USDTlong | +0.0390% | 4h | 0.05025 | long leg | — | $1.2M | — | |
| Aster AIOTUSDT | +0.0742% | 4h | 0.05027 | +0.033% | $7K | $5K | 5x | as long as short |
Gate AIOT_USDT
KuCoin AIOTUSDTM
Variational Omni AIOT
Extended AIOT-USD
Binance AIOTUSDT
Aster AIOTUSDT