Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.937%
Price spread now: MEXC against BingX+0.088%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1121.116% of the position
Funding, last 7 days−0.937%−$94 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.088%, 7d avg +0.020%
=The price spread pays, funding is against you. MEXC is 0.068% dearer against BingX than usual: you sell high and buy low (spread +0.088% now, against its 7-day average of +0.020%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 7 days (−0.937% in total) that is about 12 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BIRB-USDT | 0.06827 | 0.0118 | pay 0.0059% / 4h | 3h 08m | — | $747K | — |
| Short | MEXC BIRB_USDT | 0.06833 | 0.0100 | get 0.0050% / 4h | 3h 08m | $140K | $102K | 50x |
BingX BIRB-USDT
MEXC BIRB_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
- −$3.78
- Price spread: +0.088% → +0.020%
- $6.83
- Slippage, 4 orders
- −$97.57
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$108.52
- Costs to cover
- 1.116%
- Break-even
- never at this rate
Slippage from BingX: live order book, 21 min ago; MEXC: live order book, 17 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, 21 min ago | 10.93 bp | 38.8 bp −$39 | 162.6 bp −$1,626 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 17 min ago | 2.92 bp | 15.4 bp −$15 | 78.1 bp −$781 | 244.7 bp −$24.5K | 692.5 bp −$346.3K |
BIRB on 9 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 BIRBUSDT | +0.0100% | 4h | 0.06827 | +0.003% | $15K | $17K | 5x | as long as short |
| Binance BIRBUSDT | +0.0100% | 4h | 0.06834 | +0.101% | $1.2M | $1.9M | 50x | as long as short |
| Gate BIRB_USDT | +0.0100% | 4h | 0.06833 | +0.088% | $55K | $61K | 20x | as long as short |
| MEXC BIRB_USDTshort | +0.0100% | 4h | 0.06833 | +0.088% | $140K | $102K | 50x | |
| KuCoin BIRBUSDTM | +0.0100% | 4h | 0.06841 | +0.205% | $83K | $36K | 20x | as long as short |
| Bitget BIRBUSDT | +0.0100% | 4h | 0.06829 | +0.029% | $426K | $171K | 20x | as long as short |
| BingX BIRB-USDTlong | +0.0118% | 4h | 0.06827 | long leg | — | $747K | — | |
| Bybit BIRBUSDT | +0.0733% | 4h | 0.06809 | −0.264% | $634K | $455K | 25x | as long as short |
| BloFin BIRB-USDT | +0.0738% | 4h | 0.06819 | −0.117% | $83K | $5K | 25x | as long as short |
Aster BIRBUSDT
Binance BIRBUSDT
Gate BIRB_USDT
KuCoin BIRBUSDTM
Bitget BIRBUSDT
Bybit BIRBUSDT
BloFin BIRB-USDT