Funding you earn now, next payment 04:00 UTC−0.0252%/8h= −27.6% APRnext payment −$1.26 per $10,000 · paid last 24h −0.026%
Price spread now: MEXC against BingX+0.049%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1391.390% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.049%, 7d avg −0.035%
=The price spread pays, funding is against you. MEXC is 0.083% dearer against BingX than usual: you sell high and buy low (spread +0.049% now, against its 7-day average of −0.035%): +$8 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.056% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.056% in total (about -2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BROCCOLI-USDT | 0.02054 | 0.0352 | pay 0.0176% / 4h | 1h 15m | — | $6.7M | — |
| Short | MEXC BROCCOLI_USDT | 0.02055 | 0.0100 | get 0.0050% / 4h | 1h 15m | $372K | $117K | 20x |
BingX BROCCOLI-USDT
MEXC BROCCOLI_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
- −$52.92
- Price spread: +0.049% → −0.035%
- $8.33
- Slippage, 4 orders
- −$125.03
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$183.62
- Costs to cover
- 1.390%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; MEXC: live order book, 30 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, 12 min ago | 9.78 bp | 43.6 bp −$44 | 234.6 bp −$2,346 | 489.3 bp −$48.9K | 760.6 bp −$380.3K |
| Sell MEXC live order book, 30 min ago | 4.89 bp | 25.8 bp −$26 | 130.3 bp −$1,303 | 271.9 bp −$27.2K | doesn't fit |
BROCCOLI on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BROCCOLIUSDT | +0.0100% | 4h | 0.02055 | +0.039% | $1.4M | $829K | 20x | as long as short |
| Gate BROCCOLI_USDT | +0.0100% | 8h | 0.02055 | +0.049% | $543K | $352K | 20x | as long as short |
| MEXC BROCCOLI_USDTshort | +0.0100% | 4h | 0.02055 | +0.049% | $372K | $117K | 20x | |
| Variational Omni BROCCOLI | +0.0100% | 4h | 0.02058 | +0.173% | $9K | $3K | — | as long as short |
| Bitget BROCCOLIUSDT | +0.0326% | 4h | 0.02059 | +0.243% | $1.1M | $397K | 20x | as long as short |
| BingX BROCCOLI-USDTlong | +0.0352% | 4h | 0.02054 | long leg | — | $6.7M | — |
Bybit BROCCOLIUSDT
Gate BROCCOLI_USDT
Variational Omni BROCCOLI
Bitget BROCCOLIUSDT