Funding you earn now, next payment 08:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.29 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC−0.038%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$870.867% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.038%, 7d avg +0.031%
=Funding pays, the price is against you. BingX is 0.069% cheaper against MEXC than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of +0.031%). If the spread goes back, that is −$7 on $10k: about 4.0 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.009% in total) that is about 52 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC API3_USDT | 0.2609 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $458K | $294K | 50x |
| Short | BingX API3-USDT | 0.2608 | 0.0158 | get 0.0079% / 4h | 1h 08m | — | $6.7M | — |
MEXC API3_USDT
BingX API3-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
- $12.18
- Price spread: −0.038% → +0.031%
- −$6.95
- Slippage, 4 orders
- −$68.72
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$81.49
- Costs to cover
- 0.867%
- Break-even
- 53.8 days
Slippage from MEXC: live order book, 26 min ago; BingX: live order book, 14 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, 26 min ago | 3.84 bp | 13.3 bp −$13 | 42.7 bp −$427 | 136.4 bp −$13.6K | 283.8 bp −$141.9K |
| Sell BingX live order book, 14 min ago | 5.75 bp | 31.4 bp −$31 | 95.2 bp −$952 | 482.5 bp −$48.2K | 540.5 bp −$270.3K |
API3 on 12 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 API3USDT | +0.0100% | 4h | 0.2608 | −0.050% | $2K | $4K | 5x | as long as short |
| Binance API3USDT | +0.0100% | 4h | 0.2609 | 0.000% | $2.6M | $2.0M | 50x | as long as short |
| OKX API3-USDT-SWAP | +0.0100% | 4h | 0.2610 | +0.038% | $654K | $520K | 10x | as long as short |
| Gate API3_USDT | +0.0100% | 8h | 0.2613 | +0.153% | $120K | $121K | 50x | as long as short |
| MEXC API3_USDTlong | +0.0100% | 4h | 0.2609 | long leg | $458K | $294K | 50x | |
| KuCoin API3USDTM | +0.0100% | 4h | 0.2607 | −0.077% | $1.0M | $238K | 30x | as long as short |
| Bitget API3USDT | +0.0100% | 4h | 0.2608 | −0.038% | $646K | $185K | 20x | as long as short |
| Variational Omni API3 | +0.0100% | 4h | 0.2610 | +0.039% | $6K | $1 | — | as long as short |
| BloFin API3-USDT | +0.0157% | 4h | 0.2607 | −0.077% | $131K | $21K | 50x | as long as short |
| BingX API3-USDTshort | +0.0158% | 4h | 0.2608 | −0.038% | — | $6.7M | — |
Aster API3USDT
Binance API3USDT
OKX API3-USDT-SWAP
Gate API3_USDT
KuCoin API3USDTM
Bitget API3USDT
Variational Omni API3
BloFin API3-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit API3USDT | +0.0175% | 4h | 0.2612 | +0.115% | $990K | $391K | 25x | as long as short |
| Kraken Futures PF_API3USD | +0.3797% | 1h | 0.2622 | +0.513% | $13K | $3K | 10x | as long as short |
Bybit API3USDT
Kraken Futures PF_API3USD