Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against BingX−0.056%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1271.273% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.056%, 7d avg −0.002%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.055% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ALPINE-USDT | 0.3546 | 0.0126 | pay 0.0063% / 4h | 2h 41m | — | $1.2M | — |
| Short | MEXC ALPINE_USDT | 0.3544 | 0.0108 | get 0.0054% / 4h | 2h 41m | $169K | $103K | 50x |
BingX ALPINE-USDT
MEXC ALPINE_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
- −$3.78
- Price spread: −0.056% → −0.002%
- −$5.48
- Slippage, 4 orders
- −$113.28
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$136.54
- Costs to cover
- 1.273%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; MEXC: live order book, 44 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, 9 min ago | 8.43 bp | 44.3 bp −$44 | 290.1 bp −$2,901 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 44 min ago | 2.80 bp | 17.9 bp −$18 | 59.4 bp −$594 | 108.0 bp −$10.8K | 310.1 bp −$155.0K |
ALPINE 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALPINEUSDT | +0.0100% | 4h | 0.3544 | −0.056% | $156K | $29K | 25x | as long as short |
| Gate ALPINE_USDT | +0.0100% | 8h | 0.3548 | +0.056% | $68K | $19K | 25x | as long as short |
| Variational Omni ALPINE | +0.0100% | 4h | 0.3546 | +0.013% | $5K | $1 | — | as long as short |
| Binance ALPINEUSDT | +0.0104% | 4h | 0.3541 | −0.146% | $1.6M | $753K | 10x | as long as short |
| MEXC ALPINE_USDTshort | +0.0108% | 4h | 0.3544 | −0.056% | $169K | $103K | 50x | |
| BingX ALPINE-USDTlong | +0.0126% | 4h | 0.3546 | long leg | — | $1.2M | — | |
| KuCoin ALPINEUSDTM | +0.0506% | 4h | 0.3549 | +0.085% | $231K | $619K | 10x | as long as short |
Bybit ALPINEUSDT
Gate ALPINE_USDT
Variational Omni ALPINE
Binance ALPINEUSDT
KuCoin ALPINEUSDTM