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: BingX against MEXC+0.027%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$690.692% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.027%, 7d avg +0.030%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC AUCTION_USDT | 3.6810 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $445K | $141K | 20x |
| Short | BingX AUCTION-USDT | 3.6820 | 0.0100 | get 0.0050% / 4h | 3h 39m | — | $7.8M | — |
MEXC AUCTION_USDT
BingX AUCTION-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
- $0
- Price spread: +0.027% → +0.030%
- −$0.3
- Slippage, 4 orders
- −$55.24
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$69.54
- Costs to cover
- 0.692%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 24 min ago; BingX: live order book, 8 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, 24 min ago | 1.35 bp | 11.6 bp −$12 | 46.7 bp −$467 | 88.9 bp −$8,890 | 188.9 bp −$94.4K |
| Sell BingX live order book, 8 min ago | 5.43 bp | 22.0 bp −$22 | 60.5 bp −$605 | 466.7 bp −$46.7K | 621.4 bp −$310.7K |
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 | −0.1064% | 1h | 3.6861 | +0.139% | $8K | $269 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.6827 | +0.045% | $883 | $2K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.6813 | +0.007% | $2.4M | $1.6M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.6850 | +0.109% | $578K | $271K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.6800 | −0.027% | $770K | $673K | 20x | as long as short |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.6820 | +0.027% | $102K | $65K | 50x | as long as short |
| MEXC AUCTION_USDTlong | +0.0100% | 4h | 3.6810 | long leg | $445K | $141K | 20x | |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.6830 | +0.054% | $370K | $115K | 20x | as long as short |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.6820 | +0.027% | $376K | $134K | 25x | as long as short |
| BingX AUCTION-USDTshort | +0.0100% | 4h | 3.6820 | +0.027% | — | $7.8M | — |
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 | 3.6869 | +0.161% | $171 | $38 | — | as long as short |
Variational Omni AUCTION