Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.22 per $10,000 · paid last 24h −0.114%
Price spread now: BingX against MEXC+0.116%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1291.295% of the position
Funding, last 7 days−0.112%−$11 on $10k
+Price spread, last 7 days−0.163%−$16 · spread now +0.116%, 7d avg −0.065%
=The price spread pays, funding is against you. BingX is 0.181% dearer against MEXC than usual: you sell high and buy low (spread +0.116% now, against its 7-day average of −0.065%): +$18 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ALCH_USDT | 0.05178 | 0.0796 | pay 0.0398% / 4h | 2h 20m | $5.1M | $2.5M | 100x |
| Short | BingX ALCH-USDT | 0.05184 | 0.0752 | get 0.0376% / 4h | 2h 20m | — | $6.8M | — |
MEXC ALCH_USDT
BingX ALCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- −$9.24
- Price spread: +0.116% → −0.065%
- $18.09
- Slippage, 4 orders
- −$115.49
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$120.64
- Costs to cover
- 1.295%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; BingX: 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 MEXC live order book, 2 min ago | 8.66 bp | 40.4 bp −$40 | 126.3 bp −$1,263 | 169.2 bp −$16.9K | 469.7 bp −$234.9K |
| Sell BingX live order book, 2 min ago | 6.75 bp | 28.4 bp −$28 | 191.7 bp −$1,917 | 690.0 bp −$69.0K | 871.7 bp −$435.8K |
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 | 0.05179 | +0.019% | $3.0M | $6.4M | 20x | as long as short |
| Gate ALCH_USDT | +0.0100% | 4h | 0.05186 | +0.154% | $294K | $715K | 20x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05190 | +0.232% | $919K | $1.9M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05186 | +0.156% | $4K | $18K | — | as long as short |
| Aster ALCHUSDT | +0.0670% | 4h | 0.05171 | −0.139% | $14K | $120K | 5x | as long as short |
| BloFin ALCH-USDT | +0.0742% | 4h | 0.05178 | 0.000% | $396K | $117K | 10x | as long as short |
| BingX ALCH-USDTshort | +0.0752% | 4h | 0.05184 | +0.116% | — | $6.8M | — | |
| MEXC ALCH_USDTlong | +0.0796% | 4h | 0.05178 | long leg | $5.1M | $2.5M | 100x | |
| Binance ALCHUSDT | +0.0797% | 4h | 0.05182 | +0.077% | $6.1M | $28.1M | 10x | as long as short |
| KuCoin ALCHUSDTM | +0.0800% | 4h | 0.05179 | +0.019% | $1.2M | $287K | 10x | as long as short |
Bybit ALCHUSDT
Gate ALCH_USDT
Bitget ALCHUSDT
Variational Omni ALCH
Aster ALCHUSDT
BloFin ALCH-USDT
Binance ALCHUSDT
KuCoin ALCHUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSD | +0.3320% | 1h | 0.05181 | +0.060% | $13K | $35K | 10x | as long as short |
Kraken Futures PF_ALCHUSD