Funding you earn now, next payment 00:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.05 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX0.000%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$430.429% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 7 days0.000%$0 · spread now 0.000%, 7d avg −0.032%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.032% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BICO-USDT | 0.02266 | 0.0105 | pay 0.0105% / 8h | 1h 42m | — | $1.7M | — |
| Short | MEXC BICO_USDT | 0.02266 | 0.0100 | get 0.0100% / 8h | 1h 42m | $1.8M | $997K | 50x |
BingX BICO-USDT
MEXC BICO_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
- −$1.05
- Price spread: 0.000% → −0.032%
- $3.2
- Slippage, 4 orders
- −$32.88
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$40.73
- Costs to cover
- 0.429%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; MEXC: live order book, 4 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 | 4.43 bp | 16.4 bp −$16 | 44.5 bp −$445 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.21 bp | 4.9 bp −$5 | 38.7 bp −$387 | 186.6 bp −$18.7K | doesn't fit |
BICO 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 BICOUSDT | +0.0100% | 8h | 0.02266 | +0.002% | $94K | $20K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02266 | 0.000% | $4.1M | $8.6M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02264 | −0.088% | $1.8M | $5.3M | 20x | as long as short |
| MEXC BICO_USDTshort | +0.0100% | 8h | 0.02266 | 0.000% | $1.8M | $997K | 50x | |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02269 | +0.132% | $1.0M | $1.2M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02265 | −0.044% | $649K | $446K | 10x | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02260 | −0.243% | $16K | $5K | — | as long as short |
| BingX BICO-USDTlong | +0.0105% | 8h | 0.02266 | long leg | — | $1.7M | — | |
| Bybit BICOUSDT | +0.0106% | 8h | 0.02267 | +0.062% | $2.4M | $3.7M | 20x | as long as short |
| Gate BICO_USDT | +0.0394% | 8h | 0.02265 | −0.044% | $405K | $308K | 20x | as long as short |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
KuCoin BICOUSDTM
Bitget BICOUSDT
Variational Omni BICO
Bybit BICOUSDT
Gate BICO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.2605% | 1h | 0.02274 | +0.371% | $41K | $47K | 20x | as long as short |
Kraken Futures PF_BICOUSD