Funding you earn now, next payment 00:00 UTC+0.1342%/8h= +146.9% APRnext payment +$6.71 per $10,000 · paid last 24h +0.579%
Price spread now: BingX against MEXC−0.195%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$810.814% of the position
Funding, last 7 days+0.609%+$61 on $10k
+Price spread, last 4 days (all we have)+0.195%+$20 · spread now −0.195%, 7d avg +0.029%
=Funding pays, the price is against you. BingX is 0.225% cheaper against MEXC than usual: you would sell low and buy high (spread −0.195% now, against its 7-day average of +0.029%). If the spread goes back, that is −$22 on $10k: about 13 hours of funding at the current rate (+$40 a day). 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 +$6.71 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 | MEXC ARK_USDT | 0.1537 | 0.0100 | pay 0.0050% / 4h | 6m 56s | $495K | $164K | 20x |
| Short | BingX ARK-USDT | 0.1534 | 0.1442 | get 0.0721% / 4h | 6m 56s | — | $2.4M | — |
MEXC ARK_USDT
BingX ARK-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
- $281.82
- Price spread: −0.195% → +0.029%
- −$22.46
- Slippage, 4 orders
- −$67.41
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $177.95
- Costs to cover
- 0.814%
- Break-even
- 2.6 days
Slippage from MEXC: live order book, 63 min ago; BingX: live order book, 1 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, 63 min ago | 3.24 bp | 14.6 bp −$15 | 44.4 bp −$444 | 215.0 bp −$21.5K | 399.4 bp −$199.7K |
| Sell BingX live order book, 1 min ago | 6.51 bp | 26.7 bp −$27 | 92.0 bp −$920 | 452.2 bp −$45.2K | 501.1 bp −$250.5K |
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 | −0.0562% | 8h | 0.1537 | 0.000% | $193K | $127K | 25x | as long as short |
| KuCoin ARKUSDTM | −0.0210% | 4h | 0.1536 | −0.065% | $778K | $37K | 30x | as long as short |
| Binance ARKUSDT | +0.0100% | 4h | 0.1537 | +0.021% | $3.4M | $3.8M | 40x | as long as short |
| MEXC ARK_USDTlong | +0.0100% | 4h | 0.1537 | long leg | $495K | $164K | 20x | |
| Bitget ARKUSDT | +0.0100% | 4h | 0.1537 | 0.000% | $398K | $289K | 25x | as long as short |
| BingX ARK-USDTshort | +0.1442% | 4h | 0.1534 | −0.195% | — | $2.4M | — | |
| Bybit ARKUSDT | +0.1548% | 4h | 0.1527 | −0.657% | $1.3M | $1.0M | 25x | as long as short |
| Variational Omni ARK | +0.1838% | 4h | 0.1529 | −0.538% | $19K | $16K | — | as long as short |
Gate ARK_USDT
KuCoin ARKUSDTM
Binance ARKUSDT
Bitget ARKUSDT
Bybit ARKUSDT
Variational Omni ARK