Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.043%
Price spread now: BingX against MEXC+0.024%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$930.931% of the position
Funding, last 7 days+0.356%+$36 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.024%, 7d avg +0.001%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.023% dearer against MEXC than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC 1000000BABYDOGE_USDT | 0.0000000004205 | 0.0100 | pay 0.0050% / 4h | 1h 47m | $471K | $165K | 50x |
| Short | BingX 1000000BABYDOGE-USDT | 0.0000000004206 | 0.0200 | get 0.0100% / 4h | 1h 47m | — | $1.3M | — |
MEXC 1000000BABYDOGE_USDT
BingX 1000000BABYDOGE-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
- $21
- Price spread: +0.024% → +0.001%
- $2.32
- Slippage, 4 orders
- −$79.15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$69.82
- Costs to cover
- 0.931%
- Break-even
- 30.3 days
Slippage from MEXC: live order book, 48 min ago; BingX: live order book, 13 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, 48 min ago | 4.77 bp | 18.3 bp −$18 | 86.1 bp −$861 | 757.2 bp −$75.7K | doesn't fit |
| Sell BingX live order book, 13 min ago | 4.74 bp | 27.0 bp −$27 | 238.0 bp −$2,380 | 760.0 bp −$76.0K | 983.5 bp −$491.8K |
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 | 0.0000000004200 | −0.112% | $1.9M | $3.8M | 50x | as long as short |
| Bybit 1000000BABYDOGEUSDT | +0.0100% | 4h | 0.0000000004203 | −0.048% | $495K | $748K | 25x | as long as short |
| MEXC 1000000BABYDOGE_USDTlong | +0.0100% | 4h | 0.0000000004205 | long leg | $471K | $165K | 50x | |
| KuCoin 1MBABYDOGEUSDTM | +0.0100% | 4h | 0.0000000004205 | 0.000% | $298K | $94K | 20x | as long as short |
| Bitget 1MBABYDOGEUSDT | +0.0100% | 4h | 0.0000000004201 | −0.095% | $1.4M | $575K | 50x | as long as short |
| BingX 1000000BABYDOGE-USDTshort | +0.0200% | 4h | 0.0000000004206 | +0.024% | — | $1.3M | — |
Binance 1MBABYDOGEUSDT
Bybit 1000000BABYDOGEUSDT
KuCoin 1MBABYDOGEUSDTM
Bitget 1MBABYDOGEUSDT