Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX+0.054%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$790.792% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.054%, 7d avg −0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.085% dearer against BingX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AUCTION-USDT | 3.7190 | 0.0100 | pay 0.0050% / 4h | 1m 00s | — | $12.3M | — |
| Short | MEXC AUCTION_USDT | 3.7210 | 0.0100 | get 0.0050% / 4h | 1m 00s | $442K | $146K | 20x |
BingX AUCTION-USDT
MEXC AUCTION_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
- $0
- Price spread: +0.054% → −0.031%
- $8.48
- Slippage, 4 orders
- −$65.17
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$70.69
- Costs to cover
- 0.792%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; MEXC: live order book, 45 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, 2 min ago | 6.72 bp | 23.4 bp −$23 | 63.2 bp −$632 | 474.3 bp −$47.4K | 632.4 bp −$316.2K |
| Sell MEXC live order book, 45 min ago | 2.72 bp | 15.0 bp −$15 | 51.8 bp −$518 | 98.2 bp −$9,818 | 237.6 bp −$118.8K |
AUCTION on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AUCTIONUSD | −0.0293% | 1h | 3.7230 | +0.107% | $8K | $272 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.7193 | +0.007% | $929 | $3K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.7216 | +0.069% | $2.4M | $1.6M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.7200 | +0.027% | $593K | $270K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.7190 | 0.000% | $786K | $707K | 20x | as long as short |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.7210 | +0.054% | $106K | $70K | 50x | as long as short |
| MEXC AUCTION_USDTshort | +0.0100% | 4h | 3.7210 | +0.054% | $442K | $146K | 20x | |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.7190 | 0.000% | $371K | $110K | 20x | as long as short |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.7210 | +0.054% | $375K | $154K | 25x | as long as short |
| BingX AUCTION-USDTlong | +0.0100% | 4h | 3.7190 | long leg | — | $12.3M | — |
Kraken Futures PF_AUCTIONUSD
Aster AUCTIONUSDT
Binance AUCTIONUSDT
Bybit AUCTIONUSDT
OKX AUCTION-USDT-SWAP
Gate AUCTION_USDT
KuCoin AUCTIONUSDTM
Bitget AUCTIONUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.7228 | +0.103% | $172 | $38 | — | as long as short |
Variational Omni AUCTION