BILL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.004%

Price spread now: BingX against MEXC−0.072%7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$820.816% of the position

Long on MEXC Short on BingX

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+0.032%+$3 · spread now −0.072%, 7d avg +0.011%

Together, before fees+0.315%+$32 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.083% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BILL_USDT	0.01385	0.0316	pay 0.0158% / 4h	3h 40m	$1.0M	$320K	50x
Short	BingX BILL-USDT	0.01384	0.0318	get 0.0159% / 4h	3h 40m	—	$1.7M	—

Funding 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 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 MEXCbpFee BingXbpOrdersPrice spread, now −0.072%Rate

Funding earned: $0.42
Price spread: −0.072% → +0.011%: −$8.3
Slippage, 4 orders: −$71.63
Fee MEXC: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: −$89.51
Costs to cover: 0.816%
Break-even: 1498.8 days

Slippage from MEXC: live order book, 1 min ago; BingX: live order book, 2 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, 1 min ago	3.61 bp	9.7 bp −$10	88.9 bp −$889	355.0 bp −$35.5K	doesn't fit
Sell BingX live order book, 2 min ago	10.81 bp	30.6 bp −$31	96.3 bp −$963	930.2 bp −$93.0K	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
Aster BILLUSDT	+0.0100%	4h	0.01386	+0.070%	$2K	$4K	5x	as long as short
Bybit BILLUSDT	+0.0100%	4h	0.01384	−0.072%	$1.3M	$938K	20x	as long as short
OKX BILL-USDT-SWAP	+0.0100%	4h	0.01385	0.000%	$1.0M	$2.5M	20x	as long as short
Gate BILL_USDT	+0.0100%	4h	0.01386	+0.072%	$280K	$82K	20x	as long as short
Bitget BILLUSDT	+0.0100%	4h	0.01385	0.000%	$630K	$846K	20x	as long as short
SunX BILL-USDT	+0.0100%	4h	0.01388	+0.217%	$2K	$1.1M	20x	as long as short
BloFin BILL-USDT	+0.0114%	4h	0.01386	+0.072%	$144K	$19K	20x	as long as short
Backpack BILL_USDC_PERP	+0.0153%	1h	0.01384	−0.072%	$21K	$926	5x	as long as short
MEXC BILL_USDTlong	+0.0316%	4h	0.01385	long leg	$1.0M	$320K	50x
Binance BILLUSDT	+0.0317%	4h	0.01385	0.000%	$2.5M	$3.6M	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BILL-USDTshort	+0.0318%	4h	0.01384	−0.072%	—	$1.7M	—
Extended BILL-USD	+0.0320%	1h	0.01385	−0.025%	$1K	$257K	5x	as long as short
Coinbase International BILL-PERP-INTX	+0.0632%	1h	0.01386	+0.065%	$47K	$100K	50x	as long as short
HTX BILL-USDT	+0.0847%	4h	0.01390	+0.361%	$17K	$8K	20x	as long as short
KuCoin BILLUSDTM	+0.0966%	4h	0.01386	+0.079%	$446K	$280K	20x	as long as short
Deribit BILL_USDC-PERPETUAL	+0.2209%	1h	0.01386	+0.094%	$108K	$14K	10x	as long as short