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

BONER

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment $0.60 per $10,000 · paid last 24h −0.036%
Price spread now: BingX against MEXC+0.470%7-day average +0.140% · you sell dearer than you buy
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−0.209%−$21 on $10k
Price spread, last 4 days (all we have)−0.516%−$52 · spread now +0.470%, 7d avg +0.140%
Together, before fees−0.726%−$73 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.331% dearer against MEXC than usual: you sell high and buy low (spread +0.470% now, against its 7-day average of +0.140%): +$33 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 9.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BONER_USDT0.042540.0400pay 0.0200% / 4h3h 30m$266K$204K20x
ShortBingX BONER-USDT0.042740.0280get 0.0140% / 4h3h 30m$1.0M

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

Funding earned
−$25.2
Price spread: +0.470% → +0.140%
$33.05
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$6.15
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: MEXC: live order book, 4 min ago; BingX: live order book, 9 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 MEXC live order book, 4 min ago47.43 bp421.2 bp −$4211291.3 bp −$12.9Kdoesn't fitdoesn't fit
Sell BingX live order book, 9 min ago65.51 bpdoesn't fitdoesn't fitdoesn'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%1h0.04179−1.760%$4K$16K5xas long as short
Gate BONER_USDT+0.0100%4h0.04192−1.457%$47K$43K10xas long as short
BingX BONER-USDTshort+0.0280%4h0.04274+0.470%$1.0M
MEXC BONER_USDTlong+0.0400%4h0.04254long leg$266K$204K20x