Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.034%
Price spread now: BingX against MEXC0.000%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$890.885% of the position
Funding, last 7 days−0.175%−$18 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now 0.000%, 7d avg −0.008%
=The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BARD_USDT | 0.1353 | 0.0100 | pay 0.0050% / 4h | 27m 18s | $715K | $136K | 50x |
| Short | BingX BARD-USDT | 0.1353 | 0.0070 | get 0.0035% / 4h | 27m 18s | — | $6.5M | — |
MEXC BARD_USDT
BingX BARD-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
- −$6.3
- Price spread: 0.000% → −0.008%
- $0.8
- Slippage, 4 orders
- −$74.52
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$94.01
- Costs to cover
- 0.885%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 43 min ago; BingX: live order book, 8 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, 43 min ago | 3.70 bp | 7.6 bp −$8 | 52.1 bp −$521 | 329.2 bp −$32.9K | 855.1 bp −$427.6K |
| Sell BingX live order book, 8 min ago | 7.39 bp | 33.9 bp −$34 | 109.9 bp −$1,099 | doesn't fit | doesn't fit |
BARD on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BARD-USDTshort | +0.0070% | 4h | 0.1353 | 0.000% | — | $6.5M | — | |
| Aster BARDUSDT | +0.0100% | 4h | 0.1354 | +0.073% | $18K | $14K | 5x | as long as short |
| Binance BARDUSDT | +0.0100% | 4h | 0.1352 | −0.074% | $2.2M | $1.8M | 25x | as long as short |
| Bybit BARDUSDT | +0.0100% | 4h | 0.1354 | +0.059% | $1.0M | $307K | 25x | as long as short |
| OKX BARD-USDT-SWAP | +0.0100% | 4h | 0.1353 | 0.000% | $713K | $956K | 20x | as long as short |
| Gate BARD_USDT | +0.0100% | 4h | 0.1353 | 0.000% | $191K | $44K | 20x | as long as short |
| MEXC BARD_USDTlong | +0.0100% | 4h | 0.1353 | long leg | $715K | $136K | 50x | |
| KuCoin BARDUSDTM | +0.0100% | 4h | 0.1350 | −0.237% | $99K | $69K | 25x | as long as short |
| Bitget BARDUSDT | +0.0100% | 4h | 0.1354 | +0.074% | $1.0M | $176K | 20x | as long as short |
| Variational Omni BARD | +0.0100% | 4h | 0.1354 | +0.081% | $12K | $1 | — | as long as short |
Aster BARDUSDT
Binance BARDUSDT
Bybit BARDUSDT
OKX BARD-USDT-SWAP
Gate BARD_USDT
KuCoin BARDUSDTM
Bitget BARDUSDT
Variational Omni BARDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BARD_USDT_Perp | +0.0100% | 4h | 0.1354 | +0.046% | $141K | $529K | 10x | as long as short |
| BloFin BARD-USDT | +0.0128% | 4h | 0.1352 | −0.074% | $119K | $5K | 25x | as long as short |
GRVT BARD_USDT_Perp
BloFin BARD-USDT