Funding you earn now, next payment 00:00 UTC+0.0111%/8h= +12.2% APRnext payment +$1.11 per $10,000 · paid last 24h +0.006%
Price spread now: BingX against MEXC−0.220%7-day average −0.189% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$230.232% of the position
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 7 days+0.126%+$13 · spread now −0.220%, 7d avg −0.189%
=Funding pays, the price is against you. BingX is 0.031% cheaper against MEXC than usual: you would sell low and buy high (spread −0.220% now, against its 7-day average of −0.189%). If the spread goes back, that is −$3 on $10k: about 22 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.107% in total) that is about 48 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BCH_USDT | 268.14 | −0.0118 | get 0.0118% / 8h | 2h 36m | $71.0M | $6.3M | 200x |
| Short | BingX BCH-USDT | 267.55 | −0.0007 | pay 0.0007% / 8h | 2h 36m | — | $32.1M | — |
MEXC BCH_USDT
BingX BCH-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
- $23.31
- Price spread: −0.220% → −0.189%
- −$3.05
- Slippage, 4 orders
- −$9.22
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$2.96
- Costs to cover
- 0.232%
- Break-even
- 7.9 days
Slippage from MEXC: live order book, 3 min ago; BingX: live order book, 7 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, 3 min ago | 2.61 bp | 6.3 bp −$6 | 9.1 bp −$91 | 35.7 bp −$3,567 | 92.6 bp −$46.3K |
| Sell BingX live order book, 7 min ago | 0.56 bp | 5.6 bp −$6 | 7.0 bp −$70 | 11.8 bp −$1,180 | 19.2 bp −$9,595 |
BCH on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0426% | 1h | 267.54 | −0.224% | $437K | $247K | 25x | as long as short |
| Injective BCH/USDC PERP | −0.0304% | 1h | 267.23 | −0.339% | $713 | $80K | 12x | as long as short |
| Phemex BCHUSDT | −0.0200% | 8h | 267.45 | −0.257% | $4.9M | $6.2M | 50x | as long as short |
| SoDEX BCH-USD | −0.0192% | 1h | 267.45 | −0.257% | $2K | $6K | 10x | as long as short |
| Extended BCH-USD | −0.0120% | 1h | 267.42 | −0.268% | $105K | $643K | 25x | as long as short |
| MEXC BCH_USDTlong | −0.0118% | 8h | 268.14 | long leg | $71.0M | $6.3M | 200x | |
| Binance BCHUSDT | −0.0117% | 8h | 267.45 | −0.257% | $73.9M | $229.1M | 75x | as long as short |
| Variational Omni BCH | −0.0086% | 8h | 267.45 | −0.257% | $85K | $291K | — | as long as short |
| Bybit BCHUSDT | −0.0071% | 8h | 267.50 | −0.239% | $39.4M | $32.0M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0057% | 8h | 267.55 | −0.221% | $390K | $17K | 10x | as long as short |
Deribit BCH_USDC-PERPETUAL
Injective BCH/USDC PERP
Phemex BCHUSDT
SoDEX BCH-USD
Extended BCH-USD
Binance BCHUSDT
Variational Omni BCH
Bybit BCHUSDT
GRVT BCH_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BCHUSDT | −0.0051% | 8h | 267.45 | −0.257% | $20.0M | $28.8M | 75x | as long as short |
| Gate BCH_USDT | −0.0036% | 8h | 267.56 | −0.216% | $8.4M | $14.4M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0024% | 1h | 267.90 | −0.090% | $246K | $2.0M | 50x | as long as short |
| BingX BCH-USDTshort | −0.0007% | 8h | 267.55 | −0.220% | — | $32.1M | — | |
| OKX BCH-USDT-SWAP | −0.0006% | 8h | 267.40 | −0.276% | $26.2M | $75.6M | 50x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 267.89 | −0.094% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.01 | −0.048% | $1.1M | $11.4M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 267.63 | −0.190% | $4K | — | 150x | as long as short |
| BloFin BCH-USDT | +0.0001% | 8h | 268.11 | −0.011% | $4.0M | $4.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 267.42 | −0.269% | $2K | $176 | 10x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0074% | 1h | 267.75 | −0.145% | $803K | $3.2M | 50x | as long as short |
| KuCoin BCHUSDTM | +0.0085% | 8h | 267.76 | −0.142% | $8.9M | $8.0M | 75x | as long as short |
| Nado BCH-PERP | +0.0090% | 1h | 267.58 | −0.207% | $438K | $427K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 267.55 | −0.222% | $375K | $580K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 267.84 | −0.112% | $6.0M | $4.1M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 267.68 | −0.171% | $234K | $660K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 267.78 | −0.134% | $169K | $460K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.36 | −0.290% | $19K | $288K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 267.67 | −0.175% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.51 | −0.235% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 267.60 | −0.201% | $770K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0365% / S −0.0554% | 1h | 267.65 | −0.183% | $25K | — | 100x | as long as short |
Bitget BCHUSDT
Gate BCH_USDT
Coinbase International BCH-PERP-INTX
OKX BCH-USDT-SWAP
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
BloFin BCH-USDT
Orderly PERP_BCH_USDC
Kraken Futures PF_BCHUSD
KuCoin BCHUSDTM
Nado BCH-PERP
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]