Funding you earn now, next payment 04:00 UTC−0.1380%/8h= −151.1% APRnext payment −$6.90 per $10,000 · paid last 24h −0.036%
Price spread now: MEXC against BingX−0.154%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1201.197% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 7 days+0.196%+$20 · spread now −0.154%, 7d avg +0.001%
=Both sides work against this trade now: funding costs −$41 a day on $10k at the current rate, and MEXC is 0.155% cheaper against BingX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.001%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.054% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.90 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 BB-USDT | 0.009074 | 0.1480 | pay 0.0740% / 4h | 2h 55m | — | $1.3M | — |
| Short | MEXC BB_USDT | 0.009060 | 0.0100 | get 0.0050% / 4h | 2h 55m | $1.5M | $584K | 100x |
BingX BB-USDT
MEXC BB_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
- −$289.8
- Price spread: −0.154% → +0.001%
- −$15.55
- Slippage, 4 orders
- −$105.68
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$425.03
- Costs to cover
- 1.197%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; MEXC: live order book, 6 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, 5 min ago | 7.68 bp | 42.6 bp −$43 | 164.8 bp −$1,648 | 679.3 bp −$67.9K | 1066.9 bp −$533.4K |
| Sell MEXC live order book, 6 min ago | 5.49 bp | 17.3 bp −$17 | 77.8 bp −$778 | 253.7 bp −$25.4K | 581.8 bp −$290.9K |
BB on 9 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 BBUSDT | +0.0100% | 4h | 0.009054 | −0.220% | $12K | $13K | 5x | as long as short |
| Binance BBUSDT | +0.0100% | 4h | 0.009056 | −0.197% | $3.3M | $6.9M | 50x | as long as short |
| Gate BB_USDT | +0.0100% | 4h | 0.009090 | +0.176% | $139K | $209K | 50x | as long as short |
| MEXC BB_USDTshort | +0.0100% | 4h | 0.009060 | −0.154% | $1.5M | $584K | 100x | |
| KuCoin BBUSDTM | +0.0100% | 4h | 0.009070 | −0.044% | $449K | $87K | 50x | as long as short |
| Bitget BBUSDT | +0.0100% | 4h | 0.009070 | −0.044% | $324K | $467K | 50x | as long as short |
| BingX BB-USDTlong | +0.1480% | 4h | 0.009074 | long leg | — | $1.3M | — | |
| Bybit BBUSDT | +0.1496% | 4h | 0.009082 | +0.088% | $714K | $790K | 25x | as long as short |
| Kraken Futures PF_BBUSD | +0.1891% | 1h | 0.009097 | +0.249% | $22K | $3K | 10x | as long as short |
Aster BBUSDT
Binance BBUSDT
Gate BB_USDT
KuCoin BBUSDTM
Bitget BBUSDT
Bybit BBUSDT
Kraken Futures PF_BBUSD