Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC−0.105%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$710.706% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.105%, 7d avg −0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.079% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ALT_USDT | 0.007608 | 0.0100 | pay 0.0050% / 4h | 2h 29m | $407K | $185K | 50x |
| Short | BingX ALT-USDT | 0.007600 | 0.0100 | get 0.0050% / 4h | 2h 29m | — | $1.3M | — |
MEXC ALT_USDT
BingX ALT-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
- $0
- Price spread: −0.105% → −0.026%
- −$7.87
- Slippage, 4 orders
- −$56.56
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$78.43
- Costs to cover
- 0.706%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 21 min ago; BingX: live order book, 7 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, 21 min ago | 3.31 bp | 10.0 bp −$10 | 51.2 bp −$512 | 258.5 bp −$25.8K | 417.4 bp −$208.7K |
| Sell BingX live order book, 7 min ago | 5.94 bp | 24.1 bp −$24 | 70.1 bp −$701 | 561.2 bp −$56.1K | 779.4 bp −$389.7K |
ALT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALT_USDC-PERPETUAL | 0.0000% | 1h | 0.007604 | −0.053% | — | $0 | 25x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007599 | −0.118% | $1.1M | $192K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007605 | −0.039% | $2.6M | $3.7M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007597 | −0.145% | $1.2M | $1.6M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007597 | −0.145% | $50K | $405K | 25x | as long as short |
| MEXC ALT_USDTlong | +0.0100% | 4h | 0.007608 | long leg | $407K | $185K | 50x | |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007615 | +0.092% | $151K | $20K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007607 | −0.013% | $601K | $114K | 50x | as long as short |
| BingX ALT-USDTshort | +0.0100% | 4h | 0.007600 | −0.105% | — | $1.3M | — | |
| Variational Omni ALT | +0.0100% | 4h | 0.007607 | −0.009% | $4K | $15K | — | as long as short |
Deribit ALT_USDC-PERPETUAL
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDT
Variational Omni ALTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALTUSD | +0.0207% | 1h | 0.007605 | −0.040% | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0432% | 1h | 0.007627 | +0.250% | $14K | $3K | 50x | as long as short |
| Injective ALT/USDC PERP | +0.5000% | 1h | 0.007604 | −0.053% | $827 | $4K | 5.5x | as long as short |
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX
Injective ALT/USDC PERP