Funding you earn now, next payment 04:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.016%
Price spread now: MEXC against BingX+0.040%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$700.701% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 7 days−0.017%−$2 · spread now +0.040%, 7d avg +0.010%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.030% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BTR-USDT | 0.05015 | 0.0664 | pay 0.0332% / 4h | 28m 33s | — | $6.5M | — |
| Short | MEXC BTR_USDT | 0.05017 | 0.0720 | get 0.0360% / 4h | 28m 33s | $1.5M | $152K | 20x |
BingX BTR-USDT
MEXC BTR_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
- $11.76
- Price spread: +0.040% → +0.010%
- $2.97
- Slippage, 4 orders
- −$60.07
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$55.33
- Costs to cover
- 0.701%
- Break-even
- 39.9 days
Slippage from BingX: live order book, 8 min ago; MEXC: live order book, 3 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, 8 min ago | 2.00 bp | 18.6 bp −$19 | 84.5 bp −$845 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.00 bp | 12.1 bp −$12 | 67.6 bp −$676 | 204.3 bp −$20.4K | doesn't fit |
BTR on 8 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 BTRUSDT | +0.0100% | 4h | 0.05016 | +0.020% | $3.1M | $1.1M | 25x | as long as short |
| KuCoin BTRUSDTM | +0.0100% | 4h | 0.04999 | −0.319% | $1.4M | $191K | 10x | as long as short |
| HTX BTR-USDT | +0.0100% | 4h | 0.05019 | +0.080% | $11K | $312K | 10x | as long as short |
| Gate BTR_USDT | +0.0289% | 8h | 0.05006 | −0.179% | $729K | $289K | 20x | as long as short |
| BingX BTR-USDTlong | +0.0664% | 4h | 0.05015 | long leg | — | $6.5M | — | |
| MEXC BTR_USDTshort | +0.0720% | 4h | 0.05017 | +0.040% | $1.5M | $152K | 20x | |
| Aster BTRUSDT | +0.0731% | 4h | 0.05012 | −0.060% | $89K | $12K | 5x | as long as short |
| Binance BTRUSDT | +0.0740% | 4h | 0.05011 | −0.080% | $5.3M | $4.0M | 10x | as long as short |
Bybit BTRUSDT
KuCoin BTRUSDTM
HTX BTR-USDT
Gate BTR_USDT
Aster BTRUSDT
Binance BTRUSDT