Settings8H · net · $10k
Funding arb · Price arb /

BONER

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.60 per $10,000 · paid last 24h +0.036%
Price spread now: MEXC against BingX−0.265%7-day average −0.141% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.208%+$21 on $10k
Price spread, last 4 days (all we have)+0.667%+$67 · spread now −0.265%, 7d avg −0.141%
Together, before fees+0.874%+$87 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.124% cheaper against BingX than usual: you would sell low and buy high (spread −0.265% now, against its 7-day average of −0.141%). If the spread goes back, that is −$12 on $10k: about 3.5 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BONER-USDT0.048990.0280pay 0.0140% / 4h1h 14m$1.0M
ShortMEXC BONER_USDT0.048860.0400get 0.0200% / 4h1h 14m$312K$194K20x

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

Funding earned
$25.2
Price spread: −0.265% → −0.141%
−$12.42
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$1.22
Costs to cover
0.140%
Break-even
7.3 days
Slippage unknown: BingX: live order book, 6 min ago; MEXC: live order book, 31 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 6 min ago24.45 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 31 min ago31.74 bp654.3 bp −$6541372.8 bp −$13.7Kdoesn't fitdoesn't fit

BONER on 4 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BONERUSDT+0.0100%1h0.04853−0.939%$6K$15K5xas long as short
Gate BONER_USDT+0.0100%4h0.04828−1.449%$55K$41K10xas long as short
BingX BONER-USDTlong+0.0280%4h0.04899long leg$1.0M
MEXC BONER_USDTshort+0.0400%4h0.04886−0.265%$312K$194K20x