Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.043%
Price spread now: MEXC against BingX−0.024%7-day average +0.003% · 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−$97as in the Price arb table
costs, in and out, $10k−$940.941% of the position
Funding, last 7 days−0.355%−$36 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.024%, 7d avg +0.003%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.027% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 1000000BABYDOGE-USDT | 0.0000000004153 | 0.0200 | pay 0.0100% / 4h | 1h 07m | — | $1.3M | — |
| Short | MEXC 1000000BABYDOGE_USDT | 0.0000000004152 | 0.0100 | get 0.0050% / 4h | 1h 07m | $456K | $130K | 50x |
BingX 1000000BABYDOGE-USDT
MEXC 1000000BABYDOGE_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
- −$21
- Price spread: −0.024% → +0.003%
- −$2.67
- Slippage, 4 orders
- −$80.14
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$117.81
- Costs to cover
- 0.941%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; MEXC: 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 BingX live order book, 3 min ago | 6.02 bp | 29.9 bp −$30 | 147.1 bp −$1,471 | 727.5 bp −$72.8K | 1073.2 bp −$536.6K |
| Sell MEXC live order book, 2 min ago | 3.61 bp | 18.9 bp −$19 | 76.8 bp −$768 | 649.7 bp −$65.0K | doesn't fit |
BABYDOGE on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance 1MBABYDOGEUSDT | +0.0100% | 4h | 0.0000000004154 | +0.024% | $1.6M | $2.7M | 50x | as long as short |
| Bybit 1000000BABYDOGEUSDT | +0.0100% | 4h | 0.0000000004152 | −0.024% | $439K | $597K | 25x | as long as short |
| MEXC 1000000BABYDOGE_USDTshort | +0.0100% | 4h | 0.0000000004152 | −0.024% | $456K | $130K | 50x | |
| KuCoin 1MBABYDOGEUSDTM | +0.0100% | 4h | 0.0000000004153 | 0.000% | $298K | $62K | 20x | as long as short |
| Bitget 1MBABYDOGEUSDT | +0.0100% | 4h | 0.0000000004148 | −0.120% | $1.4M | $461K | 50x | as long as short |
| BingX 1000000BABYDOGE-USDTlong | +0.0200% | 4h | 0.0000000004153 | long leg | — | $1.3M | — |
Binance 1MBABYDOGEUSDT
Bybit 1000000BABYDOGEUSDT
KuCoin 1MBABYDOGEUSDTM
Bitget 1MBABYDOGEUSDT