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

ASR

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.34 per $10,000 · paid last 24h +0.006%
Price spread now: MEXC against BingX−0.171%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$830.834% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.171%, 7d avg −0.040%
Together, before fees+0.176%+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.132% cheaper against BingX than usual: you would sell low and buy high (spread −0.171% now, against its 7-day average of −0.040%). If the spread goes back, that is −$13 on $10k: about 6.4 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.016% in total) that is about 57 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ASR-USDT0.87580.0718pay 0.0359% / 4h1h 14m$1.2M
ShortMEXC ASR_USDT0.87430.0786get 0.0393% / 4h1h 14m$645K$96K50x

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
$14.28
Price spread: −0.171% → −0.040%
−$13.15
Slippage, 4 orders
−$69.43
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$82.31
Costs to cover
0.834%
Break-even
47.3 days
Slippage from BingX: live order book, 6 min ago; MEXC: live order book, 41 min ago.

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, 6 min ago4.57 bp26.8 bp −$27309.0 bp −$3,090doesn't fitdoesn't fit
Sell MEXC live order book, 41 min ago1.71 bp9.2 bp −$964.0 bp −$640253.0 bp −$25.3Kdoesn't fit

ASR on 8 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
Gate ASR_USDT+0.0100%4h0.8740−0.206%$29K$7K20xas long as short
Bitget ASRUSDT+0.0100%4h0.8750−0.091%$197K$72K10xas long as short
Variational Omni ASR+0.0100%4h0.8771+0.152%$4K$6Kas long as short
Bybit ASRUSDT+0.0102%4h0.8771+0.148%$137K$76K25xas long as short
KuCoin ASRUSDTM+0.0118%4h0.8740−0.206%$188K$47K10xas long as short
BingX ASR-USDTlong+0.0718%4h0.8758long leg$1.2M
MEXC ASR_USDTshort+0.0786%4h0.8743−0.171%$645K$96K50x
Binance ASRUSDT+0.0800%4h0.8750−0.091%$1.9M$770K10xas long as short