Settings8H · net · $10k
Funding arb · Price arb /

APM

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.60 per $10,000 · paid last 24h +0.030%
Price spread now: MEXC against BingX+0.017%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX APM-USDT0.0059770.0280pay 0.0140% / 4h3h 11m$998K
ShortMEXC APM_USDT0.0059780.0400get 0.0200% / 4h3h 11m$15K$85K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$25.2
Price spread: +0.017% → 0.000%
$1.67
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 10 bp × 2 orders
−$20
Net
−$3.13
Costs to cover
0.300%
Break-even
7.9 days
Slippage unknown: BingX: live order book, 28 min ago; MEXC: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 28 min ago11.39 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell MEXC no order-book sample
MEXC: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

APM on 3 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster APMUSDT+0.0100%1h0.005991+0.235%$1K$1K5xas long as short
BingX APM-USDTlong+0.0280%4h0.005977long leg$998K
MEXC APM_USDTshort+0.0400%4h0.005978+0.017%$15K$85K20x