Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h +0.114%
Price spread now: MEXC against BingX−0.059%7-day average +0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1531.533% of the position
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 7 days+0.115%+$11 · spread now −0.059%, 7d avg +0.065%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and MEXC is 0.124% cheaper against BingX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.065%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.112%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ALCH-USDT | 0.05116 | 0.0728 | pay 0.0364% / 4h | 1h 37m | — | $6.8M | — |
| Short | MEXC ALCH_USDT | 0.05113 | 0.0716 | get 0.0358% / 4h | 1h 37m | $5.0M | $2.6M | 100x |
BingX ALCH-USDT
MEXC ALCH_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
- −$2.52
- Price spread: −0.059% → +0.065%
- −$12.37
- Slippage, 4 orders
- −$139.29
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$168.18
- Costs to cover
- 1.533%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 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, 5 min ago | 6.84 bp | 41.4 bp −$41 | 303.9 bp −$3,039 | 704.2 bp −$70.4K | doesn't fit |
| Sell MEXC live order book, 5 min ago | 21.53 bp | 34.1 bp −$34 | 103.4 bp −$1,034 | 158.9 bp −$15.9K | 345.9 bp −$173.0K |
ALCH on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALCHUSDT | +0.0100% | 4h | 0.05108 | −0.156% | $2.9M | $6.5M | 20x | as long as short |
| Gate ALCH_USDT | +0.0100% | 4h | 0.05105 | −0.215% | $291K | $723K | 20x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05113 | −0.059% | $892K | $2.0M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05095 | −0.408% | $4K | $18K | — | as long as short |
| Aster ALCHUSDT | +0.0558% | 4h | 0.05111 | −0.098% | $12K | $127K | 5x | as long as short |
| Binance ALCHUSDT | +0.0708% | 4h | 0.05113 | −0.067% | $6.0M | $28.4M | 10x | as long as short |
| MEXC ALCH_USDTshort | +0.0716% | 4h | 0.05113 | −0.059% | $5.0M | $2.6M | 100x | |
| BingX ALCH-USDTlong | +0.0728% | 4h | 0.05116 | long leg | — | $6.8M | — | |
| BloFin ALCH-USDT | +0.0743% | 4h | 0.05122 | +0.117% | $389K | $119K | 10x | as long as short |
| KuCoin ALCHUSDTM | +0.0934% | 4h | 0.05101 | −0.293% | $1.2M | $307K | 10x | as long as short |
Bybit ALCHUSDT
Gate ALCH_USDT
Bitget ALCHUSDT
Variational Omni ALCH
Aster ALCHUSDT
Binance ALCHUSDT
BloFin ALCH-USDT
KuCoin ALCHUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSD | +0.2923% | 1h | 0.05106 | −0.191% | $12K | $36K | 10x | as long as short |
Kraken Futures PF_ALCHUSD