Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h +0.053%
Price spread now: BingX against MEXC−0.099%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1311.310% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now −0.099%, 7d avg −0.064%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.035% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.064%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC B2_USDT | 0.5032 | 0.0412 | pay 0.0206% / 4h | 28m 58s | $556K | $388K | 100x |
| Short | BingX B2-USDT | 0.5027 | 0.0394 | get 0.0197% / 4h | 28m 58s | — | $1.4M | — |
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
- −$3.78
- Price spread: −0.099% → −0.064%
- −$3.53
- Slippage, 4 orders
- −$112.97
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$138.28
- Costs to cover
- 1.310%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 21 min ago; BingX: live order book, 2 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, 21 min ago | 2.96 bp | 20.9 bp −$21 | 103.7 bp −$1,037 | 234.9 bp −$23.5K | doesn't fit |
| Sell BingX live order book, 2 min ago | 7.91 bp | 45.3 bp −$45 | 136.6 bp −$1,366 | 964.4 bp −$96.4K | doesn't fit |
B2 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit B2USDT | +0.0100% | 4h | 0.5027 | −0.099% | $1.6M | $2.1M | 20x | as long as short |
| Bitget B2USDT | +0.0270% | 4h | 0.5028 | −0.079% | $2.8M | $964K | 50x | as long as short |
| BingX B2-USDTshort | +0.0394% | 4h | 0.5027 | −0.099% | — | $1.4M | — | |
| MEXC B2_USDTlong | +0.0412% | 4h | 0.5032 | long leg | $556K | $388K | 100x | |
| Binance B2USDT | +0.0413% | 4h | 0.5029 | −0.060% | $8.2M | $10.2M | 50x | as long as short |
| Variational Omni B2 | +0.0444% | 4h | 0.5083 | +1.016% | $14K | $2K | — | as long as short |
| Aster B2USDT | +0.0778% | 4h | 0.5032 | 0.000% | $158K | $171K | 5x | as long as short |
| KuCoin B2USDTM | +0.0888% | 4h | 0.5030 | −0.040% | $1.0M | $317K | 50x | as long as short |
| Gate B2_USDT | +0.2056% | 4h | 0.5029 | −0.060% | $909K | $387K | 20x | as long as short |
MEXC B2_USDT
BingX B2-USDT
Bybit B2USDT
Bitget B2USDT
Binance B2USDT
Variational Omni B2
Aster B2USDT
KuCoin B2USDTM
Gate B2_USDT