Funding you earn now, next payment 08:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.27 per $10,000 · paid last 24h −0.007%
Price spread now: BingX against MEXC+0.068%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$920.924% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.068%, 7d avg +0.041%
=The price spread pays, funding is against you. BingX is 0.027% dearer against MEXC than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of +0.041%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 41 hours. At the pace of the last 7 days (−0.019% in total) that is about 10 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ASR_USDT | 0.8761 | 0.0920 | pay 0.0460% / 4h | 3h 30m | $647K | $95K | 50x |
| Short | BingX ASR-USDT | 0.8767 | 0.0866 | get 0.0433% / 4h | 3h 30m | — | $1.3M | — |
MEXC ASR_USDT
BingX ASR-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
- −$11.34
- Price spread: +0.068% → +0.041%
- $2.74
- Slippage, 4 orders
- −$78.38
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$100.98
- Costs to cover
- 0.924%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 15 min ago; BingX: live order book, 12 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, 15 min ago | 0.57 bp | 14.0 bp −$14 | 72.0 bp −$720 | 212.2 bp −$21.2K | doesn't fit |
| Sell BingX live order book, 12 min ago | 5.13 bp | 32.1 bp −$32 | 114.9 bp −$1,149 | doesn't fit | doesn't fit |
ASR 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 ASR_USDT | +0.0100% | 4h | 0.8740 | −0.240% | $29K | $7K | 20x | as long as short |
| KuCoin ASRUSDTM | +0.0100% | 4h | 0.8760 | −0.011% | $189K | $46K | 10x | as long as short |
| Bitget ASRUSDT | +0.0100% | 4h | 0.8760 | −0.011% | $197K | $72K | 10x | as long as short |
| Variational Omni ASR | +0.0100% | 4h | 0.8774 | +0.148% | $4K | $6K | — | as long as short |
| Bybit ASRUSDT | +0.0102% | 4h | 0.8765 | +0.046% | $137K | $76K | 25x | as long as short |
| BingX ASR-USDTshort | +0.0866% | 4h | 0.8767 | +0.068% | — | $1.3M | — | |
| MEXC ASR_USDTlong | +0.0920% | 4h | 0.8761 | long leg | $647K | $95K | 50x | |
| Binance ASRUSDT | +0.0927% | 4h | 0.8762 | +0.011% | $1.9M | $782K | 10x | as long as short |
Gate ASR_USDT
KuCoin ASRUSDTM
Bitget ASRUSDT
Variational Omni ASR
Bybit ASRUSDT
Binance ASRUSDT