BILL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h −0.004%

Price spread now: MEXC against BingX+0.072%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$110as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$820.817% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.283%−$28 on $10k

Price spread, last 7 days−0.119%−$12 · spread now +0.072%, 7d avg −0.013%

Together, before fees−0.402%−$40 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and MEXC is 0.085% dearer against BingX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.013%. Mind the row above: over the last 7 days funding on this pair cost −0.283%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BILL-USDT	0.01383	0.0270	pay 0.0135% / 4h	28m 02s	—	$1.7M	—
Short	MEXC BILL_USDT	0.01384	0.0286	get 0.0143% / 4h	28m 02s	$1.1M	$341K	50x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee MEXCbpOrdersPrice spread, now +0.072%Rate

Funding earned: $3.36
Price spread: +0.072% → −0.013%: $8.48
Slippage, 4 orders: −$71.71
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$69.87
Costs to cover: 0.817%
Break-even: 152.6 days

Slippage from BingX: live order book, 4 min ago; MEXC: live order book, 3 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, 4 min ago	7.24 bp	35.3 bp −$35	117.9 bp −$1,179	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	3.61 bp	9.2 bp −$9	102.3 bp −$1,023	397.2 bp −$39.7K	doesn't fit

BILL on 16 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
Bybit BILLUSDT	+0.0100%	4h	0.01382	−0.072%	$1.3M	$996K	20x	as long as short
Gate BILL_USDT	+0.0100%	4h	0.01383	0.000%	$278K	$86K	20x	as long as short
Bitget BILLUSDT	+0.0100%	4h	0.01383	0.000%	$647K	$1.1M	20x	as long as short
Backpack BILL_USDC_PERP	+0.0100%	1h	0.01382	−0.072%	$21K	$951	5x	as long as short
SunX BILL-USDT	+0.0100%	4h	0.01385	+0.145%	$2K	$1.1M	20x	as long as short
HTX BILL-USDT	+0.0100%	4h	0.01379	−0.289%	$11K	$39K	20x	as long as short
BloFin BILL-USDT	+0.0112%	4h	0.01381	−0.145%	$145K	$19K	20x	as long as short
OKX BILL-USDT-SWAP	+0.0130%	4h	0.01384	+0.072%	$1.1M	$2.8M	20x	as long as short
Aster BILLUSDT	+0.0158%	4h	0.01383	−0.025%	$2K	$4K	5x	as long as short
BingX BILL-USDTlong	+0.0270%	4h	0.01383	long leg	—	$1.7M	—

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BILL_USDTshort	+0.0286%	4h	0.01384	+0.072%	$1.1M	$341K	50x
Binance BILLUSDT	+0.0288%	4h	0.01384	+0.072%	$2.5M	$3.9M	20x	as long as short
Extended BILL-USD	+0.0288%	1h	0.01384	+0.045%	$2K	$220K	5x	as long as short
Coinbase International BILL-PERP-INTX	+0.0688%	1h	0.01381	−0.108%	$66K	$72K	50x	as long as short
KuCoin BILLUSDTM	+0.1344%	4h	0.01383	+0.022%	$460K	$314K	20x	as long as short
Deribit BILL_USDC-PERPETUAL	+0.1996%	1h	0.01383	+0.007%	$108K	$14K	10x	as long as short