Funding you earn now, next payment 04:00 UTC+0.0306%/8h= +33.5% APRnext payment +$1.53 per $10,000 · paid last 24h +0.095%
Price spread now: BingX against MEXC−0.068%7-day average −0.015% · 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−$121as in the Price arb table
costs, in and out, $10k−$1161.159% of the position
Funding, last 7 days+0.453%+$45 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now −0.068%, 7d avg −0.015%
=Funding pays, the price is against you. BingX is 0.054% cheaper against MEXC than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of −0.015%). If the spread goes back, that is −$5 on $10k: about 14 hours of funding at the current rate (+$9 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC APR_USDT | 0.1465 | 0.0100 | pay 0.0050% / 4h | 1h 14m | $361K | $176K | 50x |
| Short | BingX APR-USDT | 0.1464 | 0.0406 | get 0.0203% / 4h | 1h 14m | — | $1.4M | — |
MEXC APR_USDT
BingX APR-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
- $64.26
- Price spread: −0.068% → −0.015%
- −$5.36
- Slippage, 4 orders
- −$97.93
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$57.03
- Costs to cover
- 1.159%
- Break-even
- 13.2 days
Slippage from MEXC: live order book, 31 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, 31 min ago | 3.41 bp | 16.8 bp −$17 | 78.2 bp −$782 | 278.5 bp −$27.8K | 792.1 bp −$396.1K |
| Sell BingX live order book, 7 min ago | 10.21 bp | 39.2 bp −$39 | 106.1 bp −$1,061 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance APRUSDT | +0.0100% | 4h | 0.1465 | −0.019% | $6.7M | $5.3M | 50x | as long as short |
| Bybit APRUSDT | +0.0100% | 4h | 0.1466 | +0.068% | $1.4M | $664K | 20x | as long as short |
| MEXC APR_USDTlong | +0.0100% | 4h | 0.1465 | long leg | $361K | $176K | 50x | |
| SunX APR-USDT | +0.0100% | 4h | 0.1466 | +0.068% | $2K | $1.1M | 20x | as long as short |
| BloFin APR-USDT | +0.0114% | 4h | 0.1468 | +0.205% | $289K | $111K | 50x | as long as short |
| Bitget APRUSDT | +0.0200% | 4h | 0.1465 | −0.007% | $3.9M | $957K | 50x | as long as short |
| HTX APR-USDT | +0.0234% | 4h | 0.1471 | +0.410% | $19K | $58K | 20x | as long as short |
| OKX APR-USDT-SWAP | +0.0400% | 4h | 0.1466 | +0.068% | $1.3M | $2.5M | 20x | as long as short |
| BingX APR-USDTshort | +0.0406% | 4h | 0.1464 | −0.068% | — | $1.4M | — | |
| Gate APR_USDT | +0.0670% | 4h | 0.1465 | −0.020% | $692K | $183K | 25x | as long as short |
Binance APRUSDT
Bybit APRUSDT
SunX APR-USDT
BloFin APR-USDT
Bitget APRUSDT
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 | +0.0835% | 4h | 0.1465 | −0.005% | $71K | $100K | 5x | as long as short |
| KuCoin APRUSDTM | +0.0892% | 4h | 0.1467 | +0.157% | $2.4M | $348K | 50x | as long as short |
Aster APRUSDT
KuCoin APRUSDTM