Funding you earn now, next payment 08:00 UTC−0.0416%/8h= −45.6% APRnext payment −$2.08 per $10,000 · paid last 24h −0.035%
Price spread now: MEXC against BingX+0.146%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$360.360% of the position
Funding, last 7 days−0.190%−$19 on $10k
+Price spread, last 7 days−0.201%−$20 · spread now +0.146%, 7d avg −0.021%
=The price spread pays, funding is against you. MEXC is 0.167% dearer against BingX than usual: you sell high and buy low (spread +0.146% now, against its 7-day average of −0.021%): +$17 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 7 days (−0.190% in total) that is about 6.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.190% in total (about -9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.08 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 BANK-USDT | 0.03428 | 0.0660 | pay 0.0330% / 4h | 3h 00m | — | $6.9M | — |
| Short | MEXC BANK_USDT | 0.03433 | 0.0244 | get 0.0122% / 4h | 3h 00m | $2.5M | $536K | 20x |
BingX BANK-USDT
MEXC BANK_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
- −$87.36
- Price spread: +0.146% → −0.021%
- $16.71
- Slippage, 4 orders
- −$25.96
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$106.61
- Costs to cover
- 0.360%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 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, 7 min ago | 2.91 bp | 13.5 bp −$14 | 39.9 bp −$399 | 494.1 bp −$49.4K | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.46 bp | 5.4 bp −$5 | 27.5 bp −$275 | 114.6 bp −$11.5K | 380.0 bp −$190.0K |
BANK 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03431 | +0.101% | $54K | $95K | 5x | as long as short |
| Gate BANK_USDT | +0.0100% | 4h | 0.03432 | +0.117% | $714K | $1.4M | 10x | as long as short |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03432 | +0.117% | $1.2M | $156K | 50x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03433 | +0.146% | $39K | $236K | 20x | as long as short |
| MEXC BANK_USDTshort | +0.0244% | 4h | 0.03433 | +0.146% | $2.5M | $536K | 20x | |
| Binance BANKUSDT | +0.0251% | 4h | 0.03428 | −0.003% | $7.5M | $31.1M | 50x | as long as short |
| edgeX BANKUSDC | +0.0259% | 4h | 0.03434 | +0.182% | $1K | $246K | 5x | as long as short |
| Bybit BANKUSDT | +0.0449% | 4h | 0.03428 | 0.000% | $2.8M | $6.5M | 20x | as long as short |
| BloFin BANK-USDT | +0.0485% | 4h | 0.03430 | +0.058% | $436K | $78K | 50x | as long as short |
| BingX BANK-USDTlong | +0.0660% | 4h | 0.03428 | long leg | — | $6.9M | — |
Aster BANKUSDT
Gate BANK_USDT
KuCoin BANKUSDTM
HTX BANK-USDT
Binance BANKUSDT
edgeX BANKUSDC
Bybit BANKUSDT
BloFin BANK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BANKUSDT | +0.0698% | 4h | 0.03437 | +0.263% | $2.8M | $3.5M | 25x | as long as short |
Bitget BANKUSDT