Funding you earn now, next payment 00:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.22 per $10,000 · paid last 24h −0.006%
Price spread now: BingX against MEXC−0.148%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1261.259% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 7 days+0.054%+$5 · spread now −0.148%, 7d avg −0.078%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.070% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.078%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC B_USDT | 0.2027 | 0.0828 | pay 0.0414% / 4h | 2h 45m | $970K | $342K | 100x |
| Short | BingX B-USDT | 0.2024 | 0.0784 | get 0.0392% / 4h | 2h 45m | — | $1.2M | — |
MEXC B_USDT
BingX B-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
- −$9.16
- Price spread: −0.148% → −0.078%
- −$7
- Slippage, 4 orders
- −$111.93
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$142.08
- Costs to cover
- 1.259%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 39 min ago; BingX: live order book, 15 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, 39 min ago | 2.48 bp | 4.5 bp −$4 | 39.7 bp −$397 | 236.7 bp −$23.7K | doesn't fit |
| Sell BingX live order book, 15 min ago | 34.57 bp | 56.7 bp −$57 | 128.5 bp −$1,285 | 770.8 bp −$77.1K | 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 | 0.2024 | −0.148% | $3.4M | $586K | 20x | as long as short |
| KuCoin BUSDTM | +0.0100% | 4h | 0.2024 | −0.158% | $1.9M | $71K | 10x | as long as short |
| Bybit BUSDT | +0.0563% | 4h | 0.2024 | −0.128% | $1.8M | $932K | 13x | as long as short |
| BingX B-USDTshort | +0.0784% | 4h | 0.2024 | −0.148% | — | $1.2M | — | |
| edgeX BUSDC | +0.0812% | 4h | 0.2026 | −0.031% | $3K | $392K | 5x | as long as short |
| MEXC B_USDTlong | +0.0828% | 4h | 0.2027 | long leg | $970K | $342K | 100x | |
| Binance BUSDT | +0.0828% | 4h | 0.2025 | −0.099% | $11.7M | $2.0M | 20x | as long as short |
| Extended B-USD | +0.0832% | 1h | 0.2025 | −0.108% | $15K | $117K | 5x | as long as short |
| Bitget BUSDT | +0.0844% | 4h | 0.2026 | −0.049% | $2.7M | $231K | 10x | as long as short |
| BloFin B-USDT | +0.0867% | 4h | 0.2027 | 0.000% | $596K | $39K | 20x | as long as short |
Gate B_USDT
KuCoin BUSDTM
Bybit BUSDT
edgeX BUSDC
Binance BUSDT
Extended B-USD
Bitget BUSDT
BloFin B-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1350% | 4h | 0.2027 | −0.001% | $1.9M | $199K | 5x | as long as short |
Aster BUSDT