Funding you earn now, next payment 00:00 UTC−0.0348%/8h= −38.1% APRnext payment −$1.74 per $10,000 · paid last 24h +0.006%
Price spread now: MEXC against BingX0.000%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1301.296% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 7 days+0.058%+$6 · spread now 0.000%, 7d avg +0.077%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and MEXC is 0.077% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.077%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.011% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.74 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX B-USDT | 0.2038 | 0.1140 | pay 0.0570% / 4h | 29m 54s | — | $1.2M | — |
| Short | MEXC B_USDT | 0.2038 | 0.0792 | get 0.0396% / 4h | 29m 54s | $981K | $351K | 100x |
BingX B-USDT
MEXC B_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
- −$73.08
- Price spread: 0.000% → +0.077%
- −$7.67
- Slippage, 4 orders
- −$115.62
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$210.38
- Costs to cover
- 1.296%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 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, 12 min ago | 31.89 bp | 54.3 bp −$54 | 246.8 bp −$2,468 | 852.4 bp −$85.2K | doesn't fit |
| Sell MEXC live order book, 45 min ago | 2.47 bp | 6.6 bp −$7 | 45.1 bp −$451 | 214.0 bp −$21.4K | doesn't fit |
B 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate B_USDT | +0.0100% | 4h | 0.2040 | +0.098% | $3.5M | $597K | 20x | as long as short |
| KuCoin BUSDTM | +0.0312% | 4h | 0.2038 | −0.020% | $1.9M | $72K | 10x | as long as short |
| Bybit BUSDT | +0.0593% | 4h | 0.2036 | −0.079% | $1.8M | $980K | 13x | as long as short |
| Extended B-USD | +0.0792% | 1h | 0.2038 | +0.008% | $15K | $117K | 5x | as long as short |
| MEXC B_USDTshort | +0.0792% | 4h | 0.2038 | 0.000% | $981K | $351K | 100x | |
| Binance BUSDT | +0.0793% | 4h | 0.2039 | +0.026% | $11.8M | $2.0M | 20x | as long as short |
| edgeX BUSDC | +0.0800% | 4h | 0.2040 | +0.082% | $3K | $392K | 5x | as long as short |
| BloFin B-USDT | +0.0811% | 4h | 0.2041 | +0.147% | $597K | $39K | 20x | as long as short |
| BingX B-USDTlong | +0.1140% | 4h | 0.2038 | long leg | — | $1.2M | — | |
| Bitget BUSDT | +0.1212% | 4h | 0.2039 | +0.049% | $2.8M | $239K | 10x | as long as short |
Gate B_USDT
KuCoin BUSDTM
Bybit BUSDT
Extended B-USD
Binance BUSDT
edgeX BUSDC
BloFin B-USDT
Bitget BUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1438% | 4h | 0.2040 | +0.107% | $1.9M | $211K | 5x | as long as short |
Aster BUSDT