Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX−0.035%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$550.553% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)−0.075%−$8 · spread now −0.035%, 7d avg −0.051%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BIO-USDT | 0.02865 | 0.0100 | pay 0.0050% / 4h | 2h 43m | — | $1.4M | — |
| Short | MEXC BIO_USDT | 0.02864 | 0.0100 | get 0.0050% / 4h | 2h 43m | $379K | $124K | 20x |
BingX BIO-USDT
MEXC BIO_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
- $0
- Price spread: −0.035% → −0.051%
- $1.62
- Slippage, 4 orders
- −$41.34
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$53.72
- Costs to cover
- 0.553%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; MEXC: live order book, 39 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, 3 min ago | 5.24 bp | 19.0 bp −$19 | 50.0 bp −$500 | 559.9 bp −$56.0K | doesn't fit |
| Sell MEXC live order book, 39 min ago | 1.73 bp | 10.2 bp −$10 | 30.4 bp −$304 | 212.4 bp −$21.2K | doesn't fit |
BIO on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BIOUSD | −0.0670% | 1h | 0.02867 | +0.077% | $11K | $6K | 20x | as long as short |
| Lighter BIO | +0.0096% | 1h | 0.02867 | +0.070% | $11K | $3K | 3x | as long as short |
| Orderly PERP_BIO_USDC | +0.0097% | 4h | 0.02864 | −0.035% | $13K | — | 10x | as long as short |
| Aster BIOUSDT | +0.0100% | 4h | 0.02865 | +0.008% | $19K | $93K | 5x | as long as short |
| Binance BIOUSDT | +0.0100% | 4h | 0.02864 | −0.035% | $6.1M | $6.8M | 50x | as long as short |
| Bybit BIOUSDT | +0.0100% | 4h | 0.02865 | 0.000% | $2.2M | $2.6M | 50x | as long as short |
| OKX BIO-USDT-SWAP | +0.0100% | 4h | 0.02867 | +0.070% | $1.2M | $2.3M | 20x | as long as short |
| Gate BIO_USDT | +0.0100% | 8h | 0.02865 | 0.000% | $1.4M | $265K | 50x | as long as short |
| MEXC BIO_USDTshort | +0.0100% | 4h | 0.02864 | −0.035% | $379K | $124K | 20x | |
| KuCoin BIOUSDTM | +0.0100% | 4h | 0.02869 | +0.140% | $546K | $126K | 20x | as long as short |
Kraken Futures PF_BIOUSD
Lighter BIO
Orderly PERP_BIO_USDC
Aster BIOUSDT
Binance BIOUSDT
Bybit BIOUSDT
OKX BIO-USDT-SWAP
Gate BIO_USDT
KuCoin BIOUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BIOUSDT | +0.0100% | 4h | 0.02864 | −0.035% | $1.3M | $520K | 50x | as long as short |
| BingX BIO-USDTlong | +0.0100% | 4h | 0.02865 | long leg | — | $1.4M | — | |
| Variational Omni BIO | +0.0100% | 4h | 0.02867 | +0.070% | $33K | $70K | — | as long as short |
| BloFin BIO-USDT | +0.0126% | 4h | 0.02861 | −0.140% | $262K | $9K | 50x | as long as short |
| Hyperliquid BIO | +0.0572% | 1h | 0.02871 | +0.216% | $753K | $216K | 3x | as long as short |
Bitget BIOUSDT
Variational Omni BIO
BloFin BIO-USDT
Hyperliquid BIO