Funding you earn now, next payment 04:00 UTC−0.0227%/8h= −24.9% APRnext payment −$1.14 per $10,000 · paid last 24h −0.095%
Price spread now: MEXC against BingX+0.068%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$960.965% of the position
Funding, last 7 days−0.453%−$45 on $10k
+Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.068%, 7d avg +0.014%
=The price spread pays, funding is against you. MEXC is 0.055% dearer against BingX than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of +0.014%): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX APR-USDT | 0.1462 | 0.0327 | pay 0.0164% / 4h | 26m 38s | — | $1.4M | — |
| Short | MEXC APR_USDT | 0.1463 | 0.0100 | get 0.0050% / 4h | 26m 38s | $356K | $177K | 50x |
BingX APR-USDT
MEXC APR_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
- −$47.71
- Price spread: +0.068% → +0.014%
- $5.47
- Slippage, 4 orders
- −$78.46
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$138.71
- Costs to cover
- 0.965%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; MEXC: 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 BingX live order book, 5 min ago | 6.80 bp | 31.5 bp −$32 | 136.8 bp −$1,368 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 14 min ago | 3.41 bp | 13.3 bp −$13 | 83.3 bp −$833 | 272.0 bp −$27.2K | 802.0 bp −$401.0K |
APR 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin APR-USDT | +0.0081% | 4h | 0.1465 | +0.205% | $286K | $110K | 50x | as long as short |
| Binance APRUSDT | +0.0100% | 4h | 0.1462 | 0.000% | $6.7M | $5.1M | 50x | as long as short |
| Bybit APRUSDT | +0.0100% | 4h | 0.1463 | +0.068% | $1.4M | $640K | 20x | as long as short |
| MEXC APR_USDTshort | +0.0100% | 4h | 0.1463 | +0.068% | $356K | $177K | 50x | |
| Bitget APRUSDT | +0.0100% | 4h | 0.1463 | +0.089% | $3.9M | $961K | 50x | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1464 | +0.103% | $1K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1468 | +0.410% | $19K | $58K | 20x | as long as short |
| OKX APR-USDT-SWAP | +0.0321% | 4h | 0.1465 | +0.205% | $1.3M | $2.5M | 20x | as long as short |
| BingX APR-USDTlong | +0.0327% | 4h | 0.1462 | long leg | — | $1.4M | — | |
| Gate APR_USDT | +0.0392% | 4h | 0.1463 | +0.075% | $699K | $186K | 25x | as long as short |
BloFin APR-USDT
Binance APRUSDT
Bybit APRUSDT
Bitget APRUSDT
SunX APR-USDT
HTX APR-USDT
OKX APR-USDT-SWAP
Gate APR_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APRUSDT | +0.0813% | 4h | 0.1463 | +0.072% | $71K | $80K | 5x | as long as short |
| KuCoin APRUSDTM | +0.0840% | 4h | 0.1464 | +0.144% | $2.3M | $333K | 50x | as long as short |
Aster APRUSDT
KuCoin APRUSDTM