Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$0.60 per $10,000 · paid last 24h −0.036%
Price spread now: BingX against MEXC+0.349%7-day average +0.069% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 4 days (all we have)−0.437%−$44 · spread now +0.349%, 7d avg +0.069%
=The price spread pays, funding is against you. BingX is 0.281% dearer against MEXC than usual: you sell high and buy low (spread +0.349% now, against its 7-day average of +0.069%): +$28 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 7.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BATON_USDT | 0.002003 | 0.0400 | pay 0.0200% / 4h | 2h 20m | $264K | $325K | 20x |
| Short | BingX BATON-USDT | 0.002010 | 0.0280 | get 0.0140% / 4h | 2h 20m | — | $1.0M | — |
MEXC BATON_USDT
BingX BATON-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
- −$25.2
- Price spread: +0.349% → +0.069%
- $28.06
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$11.14
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 65 min ago; BingX: live order book, 4 min ago. Net counts fees only.
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, 65 min ago | 50.09 bp | 474.5 bp −$474 | 1119.1 bp −$11.2K | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 22.36 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
BATON on 2 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 BATON-USDTshort | +0.0280% | 4h | 0.002010 | +0.349% | — | $1.0M | — | |
| MEXC BATON_USDTlong | +0.0400% | 4h | 0.002003 | long leg | $264K | $325K | 20x |