Funding you earn now, next payment 04:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.32 per $10,000 · paid last 24h −0.002%
Price spread now: BingX against MEXC0.000%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1131.127% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now 0.000%, 7d avg +0.053%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.053% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.053%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC AVAAI_USDT | 0.01136 | 0.0990 | pay 0.0495% / 4h | 1h 13m | $201K | $114K | 100x |
| Short | BingX AVAAI-USDT | 0.01136 | 0.0926 | get 0.0463% / 4h | 1h 13m | — | $181K | — |
Funding 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
- −$13.44
- Price spread: 0.000% → +0.053%
- −$5.31
- Slippage, 4 orders
- −$98.69
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$131.44
- Costs to cover
- 1.127%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 22 min ago; BingX: 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 MEXC live order book, 22 min ago | 6.59 bp | 16.7 bp −$17 | 74.7 bp −$747 | 242.5 bp −$24.3K | 576.1 bp −$288.0K |
| Sell BingX live order book, 45 min ago | 3.13 bp | 37.2 bp −$37 | 297.3 bp −$2,973 | 724.3 bp −$72.4K | doesn't fit |
AVAAI 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AVAAIUSDTM | +0.0100% | 4h | 0.01129 | −0.599% | $475K | $87K | 20x | as long as short |
| Gate AVAAI_USDT | +0.0244% | 4h | 0.01132 | −0.361% | $639K | $152K | 20x | as long as short |
| Bybit AVAAIUSDT | +0.0750% | 4h | 0.01136 | +0.026% | $1.3M | $500K | 20x | as long as short |
| BingX AVAAI-USDTshort | +0.0926% | 4h | 0.01136 | 0.000% | — | $181K | — | |
| BloFin AVAAI-USDT | +0.0986% | 4h | 0.01131 | −0.414% | $197K | $5K | 20x | as long as short |
| MEXC AVAAI_USDTlong | +0.0990% | 4h | 0.01136 | long leg | $201K | $114K | 100x | |
| Binance AVAAIUSDT | +0.0991% | 4h | 0.01136 | −0.009% | $4.0M | $3.0M | 20x | as long as short |
| Aster AVAAIUSDT | +0.1095% | 4h | 0.01133 | −0.270% | $38K | $15K | 5x | as long as short |
MEXC AVAAI_USDT
BingX AVAAI-USDT
KuCoin AVAAIUSDTM
Gate AVAAI_USDT
Bybit AVAAIUSDT
BloFin AVAAI-USDT
Binance AVAAIUSDT
Aster AVAAIUSDT