Funding you earn now, next payment 04:00 UTC−0.0796%/8h= −87.2% APRnext payment −$3.98 per $10,000 · paid last 24h −0.756%
Price spread now: MEXC against BingX−0.067%7-day average +0.154% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$680.681% of the position
Funding, last 7 days−0.335%−$33 on $10k
+Price spread, last 7 days+0.040%+$4 · spread now −0.067%, 7d avg +0.154%
=Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and MEXC is 0.221% cheaper against BingX than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.154%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.335% in total (about -17.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.98 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 AKE-USDT | 0.05812 | 0.1154 | pay 0.0577% / 4h | 2h 09m | — | $10.7M | — |
| Short | MEXC AKE_USDT | 0.05808 | 0.0358 | get 0.0179% / 4h | 2h 09m | $15.3M | $35.8M | 20x |
BingX AKE-USDT
MEXC AKE_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
- −$167.16
- Price spread: −0.067% → +0.154%
- −$22.14
- Slippage, 4 orders
- −$58.12
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$257.42
- Costs to cover
- 0.681%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; MEXC: live order book, 5 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, 14 min ago | 0.09 bp | 19.2 bp −$19 | 74.2 bp −$742 | 313.2 bp −$31.3K | 1044.2 bp −$522.1K |
| Sell MEXC live order book, 5 min ago | 1.71 bp | 19.6 bp −$20 | 37.4 bp −$374 | 148.5 bp −$14.9K | doesn't fit |
AKE on 14 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 AKEUSDT | +0.0067% | 1h | 0.05796 | −0.270% | $698K | $3.7M | 5x | as long as short |
| SunX AKE-USDT | +0.0100% | 4h | 0.05813 | +0.026% | — | $714K | 10x | as long as short |
| HTX AKE-USDT | +0.0100% | 4h | 0.05780 | −0.551% | $172K | $1.8M | 10x | as long as short |
| Bitget AKEUSDT | +0.0296% | 1h | 0.05810 | −0.036% | $2.2M | $45.2M | 10x | as long as short |
| Extended AKE-USD | +0.0344% | 1h | 0.05804 | −0.130% | $79K | $287K | 5x | as long as short |
| Binance AKEUSDT | +0.0348% | 4h | 0.05805 | −0.126% | $29.4M | $498.8M | 10x | as long as short |
| MEXC AKE_USDTshort | +0.0358% | 4h | 0.05808 | −0.067% | $15.3M | $35.8M | 20x | |
| edgeX 1000AKEUSDC | +0.0370% | 4h | 0.05800 | −0.200% | $253K | $1.3M | 5x | as long as short |
| Gate AKE_USDT | +0.0666% | 4h | 0.05811 | −0.024% | $5.8M | $82.6M | 25x | as long as short |
| KuCoin AKEUSDTM | +0.0712% | 4h | 0.05812 | −0.002% | $8.3M | $43.8M | 10x | as long as short |
Aster AKEUSDT
SunX AKE-USDT
HTX AKE-USDT
Bitget AKEUSDT
Extended AKE-USD
Binance AKEUSDT
edgeX 1000AKEUSDC
Gate AKE_USDT
KuCoin AKEUSDTMShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AKE-USDTlong | +0.1154% | 4h | 0.05812 | long leg | — | $10.7M | — | |
| OKX AKE-USDT-SWAP | +0.1156% | 4h | 0.05800 | −0.206% | $5.3M | $476.7M | 20x | as long as short |
| Bybit AKEUSDT | +0.1650% | 1h | 0.05797 | −0.264% | $18.5M | $181.1M | 25x | as long as short |
| Variational Omni AKE | +0.1760% | 1h | 0.05781 | −0.532% | $172K | $694K | — | as long as short |
OKX AKE-USDT-SWAP
Bybit AKEUSDT
Variational Omni AKE