Funding you earn now, next payment 00:00 UTC−0.1818%/8h= −199.1% APRnext payment −$9.09 per $10,000 · paid last 24h −0.579%
Price spread now: MEXC against BingX+0.195%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$910.911% of the position
Funding, last 7 days−0.609%−$61 on $10k
+Price spread, last 4 days (all we have)−0.195%−$19 · spread now +0.195%, 7d avg −0.029%
=The price spread pays, funding is against you. MEXC is 0.224% dearer against BingX than usual: you sell high and buy low (spread +0.195% now, against its 7-day average of −0.029%): +$22 on $10k if it goes back. Holding the pair costs −$55 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.609% in total) that is about 2.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.609% in total (about -31.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.09 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARK-USDT | 0.1541 | 0.1918 | pay 0.0959% / 4h | 29m 35s | — | $2.4M | — |
| Short | MEXC ARK_USDT | 0.1544 | 0.0100 | get 0.0050% / 4h | 29m 35s | $505K | $162K | 20x |
BingX ARK-USDT
MEXC ARK_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
- −$381.78
- Price spread: +0.195% → −0.029%
- $22.41
- Slippage, 4 orders
- −$77.08
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$450.44
- Costs to cover
- 0.911%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; MEXC: live order book, 40 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, 4 min ago | 9.73 bp | 30.8 bp −$31 | 68.6 bp −$686 | 420.7 bp −$42.1K | 490.2 bp −$245.1K |
| Sell MEXC live order book, 40 min ago | 3.24 bp | 15.3 bp −$15 | 59.2 bp −$592 | 221.0 bp −$22.1K | 414.7 bp −$207.4K |
ARK on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ARK_USDT | −0.0637% | 8h | 0.1542 | +0.065% | $194K | $124K | 25x | as long as short |
| KuCoin ARKUSDTM | −0.0152% | 4h | 0.1541 | 0.000% | $780K | $37K | 30x | as long as short |
| Binance ARKUSDT | +0.0100% | 4h | 0.1545 | +0.260% | $3.4M | $3.8M | 40x | as long as short |
| MEXC ARK_USDTshort | +0.0100% | 4h | 0.1544 | +0.195% | $505K | $162K | 20x | |
| Bitget ARKUSDT | +0.0100% | 4h | 0.1543 | +0.130% | $400K | $289K | 25x | as long as short |
| BingX ARK-USDTlong | +0.1918% | 4h | 0.1541 | long leg | — | $2.4M | — | |
| Bybit ARKUSDT | +0.1918% | 4h | 0.1533 | −0.526% | $1.3M | $1.0M | 25x | as long as short |
| Variational Omni ARK | +0.2510% | 4h | 0.1533 | −0.508% | $19K | $16K | — | as long as short |
Gate ARK_USDT
KuCoin ARKUSDTM
Binance ARKUSDT
Bitget ARKUSDT
Bybit ARKUSDT
Variational Omni ARK